Generating tax efficiency in debt-oriented funds
Earlier, investments in debt mutual funds (MFs) had indexation benefit vis-à-vis long-term capital gains (LTCG) tax, making investments tax-efficient. If you stay invested for three years or more, with the benefit of indexation, tax incidence used to be much lower. Since April 2023, new investments in debt MFs are taxable as short-term capital gains (STCG) […]
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