A higher price for mutual fund mistakes

Since the Union Budget 2018, all of us who invest in equity mutual funds are now paying a much higher price for choosing the wrong funds. I suppose most of you would have recognised that date as the beginning of the (re)imposition of long-term capital gains tax on equity funds. What investors don't often realise is that the 10 per cent tax that the government charges is just the root cause of your problems. The real problem is far greater.

This article was originally published on September 25, 2021, and last updated on July 30, 2022.