Plan your mutual fund capital gains smartly before March. (Photo Source: Envato) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Many investors wait until the last minute to calculate taxes on their mutual fund gains, forcing hurried withdrawals and rushed decisions as March 31 approaches. But there is no harm in planning. With a few months still left before this financial year ends, reviewing your mutual fund capital gains now can help you avoid unnecessary stress later. Since tax on mutual fund gains depends upon the type of fund and how long you have held it, advance planning enables you to time your withdrawals or switches efficiently, and even lower your tax liability.

How Are Mutual Fund Capital Gains Taxed?

For taxation purposes, mutual funds are broadly classifie

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