Budget 2018 proposed a 10% long-term capital gains tax on equity Mutual Funds and it created quite a ruckus among equity investors. But is the new tax rule really a cause for worry? Here’s our take on the issue.
Make sure to weigh your tax liabilities before you make that sell. Read on to know how you can make your Mutual Fund investments both tax-friendly and financially viable.
Buying the same kind of funds would mean buying the same kind of stocks or even same stocks. This will lead to concentration risk. Here’s how to have a well-balanced portfolio.