For investors who have patience and holding period, current bond yields quite attractive: Ashwin Patni

The change in tax regulation means that fresh investments in mutual funds, excluding equity-oriented categories, will be treated as short term capital gains and taxed at an individual's marginal tax rate. The change will come into effect on April 1, 2023. Investors will need to reassess their allocations and expectations of post-tax returns for these investments as the capital gains regime and indexation previously made them an efficient solution for long-term allocations.