'Corporate bonds, Reits are alternatives to debt funds'

Kotak Cherry CEO Srikanth Subramanian has said that investors will only invest in debt mutual funds if they find value, following the loss of their long-term tax benefit. The Indian government stripped debt funds of the tax advantage and capital gains will now be taxed as per the investor?s income tax slab. The move is expected to lead to a shift in investor behaviour, with new product categories such as retail corporate bond markets, REITs and equity savings schemes becoming more popular, accor...