Until a few months ago, adding a joint holder to your mutual fund (MF) investments was not as simple as it appeared. That changed in May 2025, when CAMS (Computer Age Management Services) and KFin ...

Many investors hold mutual fund units in Statement of Account (SoA) format instead of demat and are unsure how to transfer or gift them. Today's Ask Wallet Wise query decodes whether one can gift SoA ...

Experts explain that mutual fund units qualify as capital assets under Section 2(14) of the Income-tax Act, 1961, and any transfer of such assets would ordinarily attract capital gains tax under ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. A linked transfer account is when accounts held by an individual at a financial institution ...

Digital payments have become the norm in our modern economy. While paper-based payment methods, such as cash and checks, are still widely accepted, the electronic movement of money is usually a more ...