Advisors are asking investors to redeem and reinvest their long-term equity-fund units to lower their overall tax. We analyse whether this practice makes sense
The Union budget for FY19 imposed a 10 per cent long-term capital-gains (LTCG) tax on realised equity gains over Rs 1 lakh in a financial year. Naturally, this tax didn't go down well with investors. Many investors have attributed the subsequent fall in the broader market to the LTCG tax.
This article was originally published on December 23, 2019.
The one mutual fund every investor should have
7 min read•By Pranit Mathur
What's driving HDFC BAF's blockbuster returns?
9 min read•By Chirag Madia
New episodes every Friday
The cost of convenience
Does frictionless investing create friction with success?
Other Episodes
The rigged-game fallacy
Market manipulation exists, but it needn't derail the sensible investor
Nothing new...
Success still depends on mastering your emotions, not the latest trends
The correction obsession
Why perfect timing ruins real returns
The allure of the extraordinary
How to spot potential 100-baggers and avoid costly mistakes
National Pension System (NPS) is a government-sponsored pension cum investment scheme where individuals contribute regularly to build a corpus for their old age.
Monthly investment of
Show returns for
You now have until September 15 to file your ITR
1 min read•By Chirag Madia
How are inherited mutual funds taxed?
2 min read•By Value Research Team
Widely read:
