Search

How will grandfathering apply in case of merged funds?

Dhirendra Kumar says if grandfathering will work differently in case of merged funds


  • TweetTweet
  • Share on Google+Google+
  • LinkedinLinkedin
  • FacebookShare
 

How will grandfathering apply in case of merged funds?
-KM Nagendra

Subscribe to the free Value Research Insight newsletter

Two years ago, the Union Budget made a provision that in case of merger of funds, your initial date of investment will be considered as your date of investment. So, your cut-off date is not the date of merger, but the starting date of your original investment. For example, if you invested five years ago, all your investments will be treated as an investment made five years ago and as you know all the gains are grandfathered up to January, 2018.

comments powered by Disqus