Planning to redeem your mutual funds? Know how FIFO method affects capital gains tax, how it is calculated

2 hours ago 1

Investing in equity mutual funds is popular for long-term wealth. When redeeming, capital gains tax may apply based on profits and holding periods. The FIFO method determines which units are sold first, impacting tax calculations for short-term and long-term capital gains.

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Planning to redeem your mutual funds? Know how FIFO method affects capital gains tax, how it is calculated

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