4 articles
LTCG on mutual funds in India refers to profits from investments held over 12 or 36 months, taxed at 10% on equity gains above Rs 1 lakh annually. This guide details the mechanics and calculations.
Understanding the types of mutual funds in India, as per SEBI's strict categorisation, is crucial for informed investing. This framework classifies funds into 37 distinct categories across 5 broad groups, ensuring transparency and aiding investors in aligning with their risk appetite.
The Franklin Templeton mutual fund winding-up case in India, involving six debt schemes worth over Rs 26,000 crore in 2020, highlighted critical aspects of credit risk and regulatory oversight. This analysis examines the mechanics of fund closure and investor recovery.
The Union Budget 2024 brought clarity to mutual fund taxation, particularly for Long Term Capital Gains (LTCG) and Short Term Capital Gains (STCG). This analysis details the current tax structure, including the 10% LTCG on equity above ₹1 lakh and slab rates for debt funds post-April 2023, offering investors a precise understanding of their tax liabilities.