A mutual fund is a kind of a professionally managed investment fund that pools fortune (money) from investors to purchase securities. As per recent updates, at the end of 2018, mutual fund capital worldwide was around $46.7 trillion. Which is enough to gain the attention of the new investor. It also fulfils the aim of investors which is definitely Capital Appreciation. The investment generates capital gains, and as per law it is “taxable”. This article is prepared to discuss “how mutual funds are taxed depending on their type and duration? and all the queries related to GST on mutual funds investment?”
