Can You Gift Mutual Funds Tax-Free? Here’s What The Rules Say
Last Updated:October 29, 2025, 2:42 PM IST Mutual fund units are capital assets under Section 2(14) of the Income Tax Act. Gifts above Rs 50000 are taxable unless received from a relative. Mutual Fund The financial instrument mutual fund units come under the ‘capital asset’ of the holder. According to the provisions of Section 2(14)…
