MutualFunds

Rebalancing Your Mutual Funds in India? Don’t Forget the Tax Man

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Rebalancing Your Mutual Funds in India? Don’t Forget the Tax Man

If you’re rebalancing your mutual fund portfolio in India, be aware that you’ll likely incur tax liabilities, even if you reinvest the proceeds. This applies whether you switch funds within the same Asset Management Company (AMC) or move to a different one. The Golden Rule: Switching = Redemption = Taxable Event Under Indian income tax … Read more

MFs Go Big on ITC, IndiGo, Swiggy, Paytm in May; BSE, Coforge See Exits (Direct & Comprehensive)

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MFs Go Big on ITC, IndiGo, Swiggy, Paytm in May; BSE, Coforge See Exits (Direct & Comprehensive)

Mutual Funds Dive into ITC, IndiGo, Swiggy, and Paytm in May; BSE and Coforge on the Sell List May was a busy month for mutual fund (MF) managers, with significant buying activity in several prominent Indian companies. Data compiled by Nuvama Institutional Equities reveals where MFs placed their bets and which stocks they offloaded. Big … Read more