Sebi move makes MF gifts easier, cheaper

Sebi's new regulation allows mutual fund investors to gift units, including statement of account holdings, eliminating the need for redemption and triggering capital gains tax. This reform facilitates tax savings for individuals by transferring units to family members with lower taxable income, making gifting and inheritance processes significantly easier and more tax-efficient.

Sebi move makes MF gifts easier, cheaper
Sebi's new regulation allows mutual fund investors to gift units, including statement of account holdings, eliminating the need for redemption and triggering capital gains tax. This reform facilitates tax savings for individuals by transferring units to family members with lower taxable income, making gifting and inheritance processes significantly easier and more tax-efficient.