Time to rejig your mutual fund strategy: With dividend tax burden on investors now, here are options

As the changes proposed by Finance Minister Nirmala Sitharaman, in her budget speech earlier this year, come into effect, one major move is leaving investors troubled. Dividend, a payout by the company to its shareholders, was earlier taxed at the company’s end whereas investors were left unfazed. Now, under the new rules, the dividend is going to be taxed at the investor’s end. This makes it difficult for even mutual fund investors who have opted for the dividend plan, where investors receive a sum of asset value as dividend. 

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