Moving funds between MF before and after 12/24 months
Hi, is it possible to move my money from MF to another without paying capital gains taxes i.e. like we do for stocks till the final amount is withdrawn into bank account ?
I have some MF via mybank app and some via third party and wanted to move them to other MFs but most of them are still <12/24 konths.
Do I need to withdraw into account pay tax on gains and invest everytime ?
Looking for some advice on this and general movement of funds and avoiding taxes/high taxes if any such schemes exist.
u/IndependenceFew3681 — 6 days ago