Long Term Capital Gains Axed for Debt Mutual Funds! To Be Taxed at Par with Fixed Deposits And Bonds

March 31, 2023

The Finance Bill 2023-24 has proposed to remove the LTCG (Long Term Capital Gains) with indexation status on mutual funds that invest less than 35% of their assets or portfolio allocation in Indian equities. In this video, Vivek Chaurasia, the Head of Research at PersonalFN will tell you what it means for debt fund and Gold fund investors and what should be your investment strategy while investing in debt funds, Gold ETFs, International Funds, and other non-equity funds. Watch this video if you are looking to invest in debt funds and Gold ETFs.