Unlock smart strategies to keep more of your mutual fund profits in India, legally and efficiently! Don't let taxes shrink your hard-earned gains.
Like Priya, you've diligently invested & earned handsome mutual fund profits. But capital gains tax can surprisingly shrink them. Is there a way to reduce it? Yes, absolutely!
Tax depends on Fund Type (Equity/Debt) & Holding Period (Short-Term/Long-Term). Equity LTCG (held >1 yr) has ₹1L exemption. Debt LTCG (held >3 yrs) benefits from indexation!
For equity funds, ₹1 lakh of long-term capital gains is tax-exempt each financial year. Use 'Tax Harvesting': sell units to book ₹1L profit, then reinvest to reset cost basis, tax-free!
Hold debt funds for over 3 years. This qualifies you for indexation, which adjusts your purchase price for inflation. This significantly lowers your taxable capital gain, saving you money!
Utilise ELSS for Section 80C deductions & LTCG benefits. Offset gains with losses – short-term losses can be set off against ANY gains. Don't forget to carry forward unadjusted losses!
Ready to invest wisely and save tax? Integrate tax planning into your strategy. Use our Goal SIP Calculator to plan your investments for future goals, tax-efficiently!