Mutual Fund Q&A, LTCG, Switching & Mutual Fund Portfolio
Date: 17-03-2018 Views: 908
In this video, we take up viewer questions on switching facility and LTCG tax besides evaluate a mutual fund portfolio
Edited Highlights
0:09 In this video, we take up viewer questions on switching facility and LTCG tax besides evaluate a mutual fund portfolio
1:14 Vassudev C asks if long term capital tax is applicable when switching facility is used to move the money from an equity fund to a liquid fund of the same mutual fund
1:55 Since switching is considered as redemption, you are liable to pay long term capital gains tax
2:14 The new long term capital gains tax regulation introduced in Budget 2018 for equities and equity funds, encourages long term investments
2:22 It is when you get long term growth from equities, paying the long term capital gains tax doesn't pinch so much
3:18 Amit Traders wants to know whether his mutual fund portfolio is fine. We think all his funds are fine and he should stay invested
3:34 He has invested in funds like Kotak Select Focus, ABSL Tax Relief 96'
