- It has recently launched a Balanced Advantage Fund, which is a hybrid scheme that invests in a mix of equity and debt instruments.
- The fund also claims to offer old tax benefits under Section 112A of the Income Tax Act , which means that the long-term capital gains from equity investments are taxed at 10% only if they exceed Rs. 1 lakh in a financial year.
Question:
Q.1 What is the name of the asset management company that launched the Balanced Advantage Fund?a. WhitePine Capital Mutual Fund
b. WhiteOak Capital Mutual Fund
c. WhiteBirch Capital Mutual Fund
d. WhiteAsh Capital Mutual Fund