As a popular adage goes, there are two things certain in life; death and taxes. And yet, most of us are either ignorant of our tax liabilities or are trying to save taxes by numerous ways and mechanisms. Investing in mutual funds is supposed to be one of the ways to save tax. While, there is truth to it (like for instance by investing in ELSS schemes), largely there is a tax liability to take care of as well.
So, to cut the long story short, here is what you should know about taxes and mutual funds, especially capital gains tax. Know all about it and stay invested:
