In this audio, 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'