SEBI Fund of Funds taxation harmonisation (2023)

Mon, 18 May 2026 00:00:00 +0000

The FoF taxation harmonisation refers to the Finance Act 2023 amendment that aligned the tax treatment of Fund of Funds (FoF) with the underlying scheme classification, removing the prior tax-arbitrage opportunities that some FoF structures had previously enjoyed. The amendment came into effect from 1 April 2023, alongside the broader debt mutual fund taxation reform that abolished long-term capital gains treatment for debt-oriented schemes.

For Indian retail investors, the FoF taxation harmonisation:

FoF Taxation on WebNotes

SEBI Fund of Funds taxation harmonisation (2023)