The Plan

Is LTCG tax stopping you from going 'direct'?

Capital gains tax is unavoidable. So, there's no need to wait to reshuffle your portfolio.

Is LTCG tax stopping you from going 'direct'?

Subhash, a 48-year-old engineer, juggles his time between India and the Middle East. Over the last two decades, he has invested across various mutual fund schemes. While a portion of his wealth lies in 'direct' plans of mutual funds, where he started investing around 4-5 years ago, a sizable chunk (Rs 74 lakh) remains in 'regular' plans. That is because 'direct' funds only came in existence 10 years back.

This story is not available as it is from the Mutual Fund Insight July 2024 issue

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