When you buy a mutual fund and sell it after some time, you will pay some tax. This tax is called ‘Capital Gains Tax’. However, there are some completely unintended actions of yours which could lead to a huge (really huge) tax burden! This is WITHOUT selling your mutual fund units. Well, technically your funds went from one scheme to another, but you did not sell.
Amfi stock classification: Multibaggers BHEL, NHPC, 5 more stocks to likely turn largecaps
Read More
