TitBit - 10

TITBIT 10 - GST and MUTUAL FUND

Goods and Services Tax - Is this really good for Mutual Fund Investors?

1. Securities Transaction will become expensive
2. Compliance burden of mutual funds will go up substantially
3. Investors will suffer with higher expense ratios
4. Mutual Fund advice will also cost more.

Image source: Economic Times

To Read more:

https://www.quora.com/What-is-the-impact-of-GST-on-mutual-fund-industry

http://economictimes.indiatimes.com/mf/analysis/how-gst-will-impact-your-mutual-fund-investments/articleshow/58802103.cms