1. Set off means deduction of capital gain from __________.

2. After holding for two years Mugdha sold her investments in PQR equity fund for a loss. Which of the following statements is true?

3. _______ capital loss can be set off against long and short term capital gains

4. Long term capital loss can be set off against ________.

5. Pravin sold his mutual fund investments at a loss. This capital loss can be carried forward for a period of _____ years.

Set-off of capital losses from mutual funds

mutual funds: set-off provisions

  • 529 Views
  • Level - 6,3,8,6 BASIC

Capital gains from mutual funds can be set off against capital losses so that taxes need to be paid only on the net gains. Watch this investor education video by Moneykraft to understand how short and long term capital gains and losses can be set off to the advantage of the investor.

AUTHOR(s):Uma Shashikant

Tags

capital gains tax in mutual funds, mutual fund investing, mutual fund taxation

Share

Add to Playlist

2

COMMENT :

No Comments found

SIMILAR VIDEO

Assets under Management or AUM

Assets under
Management or AUM
Level - 6,3,8,6 

BASIC

How patience pays in an SIP

How patience
pays in an SIP
Level - 6,3,8,6 

BASIC

Can you change your mutual fund distributor?

Can you change
your mutual fund
distributor?
Level - 6,3,8,6 

BASIC

Borrowing against your MF units

Borrowing
against your MF units
Level - 6,3,8,6 

BASIC

How is securities transaction tax paid in a mutual fund?

How is
securities transaction
tax paid in a mutual fund?
Level - 6,3,8,6 

BASIC

What happens if there is no nomination?

What happens if
there is no nomination?
Level - 6,3,8,6 

INTERMEDIATE