No more indexation benefits for debt mutual funds; what should investors do? No more indexation benefits for debt mutual funds; what should investors do? Indexation benefits will no longer be available to debt mutual funds held for more than three years. Furthermore, they will be ineligible for the 20 per cent tax rate. What should investors do? Continue reading to learn more. Henil Shah / Friday, March 24, 2023 / Article rating: 3.9 Finance Bill 2023 has proposed significant modifications to debt mutual funds. Checkout this article to learn more.