Your Tax Report
Mutual Fund Insight|May 2023
There's no better way for investors to keep track of their taxation than Value Research Online investment-related
Dhirendra Kumar
Your Tax Report

There’s a well-known saying in aviation: Takeoffs are optional, but landings are mandatory. This is a safety-related aphorism for pilots, which refers to the fact that if you feel something is wrong, you can always postpone or cancel a takeoff. However, once you have taken off, there is no choice – you have to land.

There’s a clear parallel to this in investments, and I’m sure you can guess what that is: Buying is optional, but selling is mandatory. Before you invest in something, you always have the choice to change your mind and not invest. However, once you invest, you will eventually have to redeem your investments. Why? Because the entire objective of investing is to sell your investment to make a profit ultimately. Investing is a means to earn money, and the act of making the investment only benefits someone else until it is sold for a gain. The end goal of investing is only achieved when the investment is converted back into cash upon sale.

Given this undeniable truth, it’s a little ironic how focused investors are on buying rather than selling. However, the final stage is actually missing here, and that is: paying taxes is mandatory. The recent change in debt fund taxation brought this point home powerfully. As you can read in this issue’s cover story, the tax changes that have been made may require some shifts in your strategy as a mutual fund investor. Otherwise, the exact same investments might boost your tax bill, and worse, may do so unexpectedly years later when these changes may have dropped from your attention.

Tax can never be ignored

この記事は Mutual Fund Insight の May 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Mutual Fund Insight の May 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

MUTUAL FUND INSIGHTのその他の記事すべて表示
International Mutual Funds Find Flavour But Lose Favour
Mutual Fund Insight

International Mutual Funds Find Flavour But Lose Favour

Despite stellar performance, these funds are cold-shouldered by investors

time-read
3 分  |
September 2023
The Dose Makes The Poison
Mutual Fund Insight

The Dose Makes The Poison

Are your fund investments diversified? Or are they diworsified? Here’s the solution

time-read
5 分  |
September 2023
'Since Sahi Hai drive launch, industry has grown over twofold'
Mutual Fund Insight

'Since Sahi Hai drive launch, industry has grown over twofold'

The AMC’s marketing and corporate communication head also lauds MFCentral and MF Utility

time-read
3 分  |
September 2023
'Earlier, not many knew of mutual funds; now SIP is a verb'
Mutual Fund Insight

'Earlier, not many knew of mutual funds; now SIP is a verb'

The CMO also explains how 4G, fintechs have elevated mutual funds’ reach

time-read
4 分  |
September 2023
'MFCentral is the most impressive of online platforms'
Mutual Fund Insight

'MFCentral is the most impressive of online platforms'

Shah says though passive funds are growing, there’s a long road ahead

time-read
3 分  |
September 2023
'Fintechs are driving mass financial inclusion'
Mutual Fund Insight

'Fintechs are driving mass financial inclusion'

Shah also lauds the pace at which distributors have embraced technology

time-read
2 分  |
September 2023
'A Maldives tour guide knew of the Mutual Fund Sahi Hai drive'
Mutual Fund Insight

'A Maldives tour guide knew of the Mutual Fund Sahi Hai drive'

Interaction with Edelweiss’s senior VP and head of products and marketing

time-read
3 分  |
September 2023
'More distributors will come to MFCentral, MF Utility'
Mutual Fund Insight

'More distributors will come to MFCentral, MF Utility'

Goyal feels they can grow their business five times, 10 times with tech

time-read
3 分  |
September 2023
'The size of passive funds has grown 36 per cent in a year'
Mutual Fund Insight

'The size of passive funds has grown 36 per cent in a year'

Parija explains how mutual funds have gained traction

time-read
5 分  |
September 2023
Tomorrow, and tomorrow, and tomorrow...
Mutual Fund Insight

Tomorrow, and tomorrow, and tomorrow...

There are a total of about 1.1 lakh crores of rupees invested in India’s mutual funds and the number of investors is now about 12 crore

time-read
4 分  |
September 2023