Income Tax Know-how

Taxation of multi-asset allocation funds

What are multi-asset allocation funds, and how they are taxed?

Taxation of multi-asset allocation funds

Multi-asset allocation funds are hybrid mutual funds that combine different asset classes to create a broadly diversified portfolio. These funds are mandated to invest a minimum of 10 per cent across three different asset classes - generally equity, debt, and commodities such as gold. Many investors are keen to understand how these funds are taxed. So let's understand it.

This article was originally published on June 08, 2022.


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