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shareholders are taxed on the distribution of fund's income. For tax purpose, mutual funds distribute their net income to the shareholders in two ways: (1) dividend and interest payments and (2) realized capital gains.

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14y ago

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When selling mutual funds are you taxed only on the dividends and earnings if the realized gains and losses were recorded in prior years and the tax basis adjusted?

diviend on sahre and mutual fund is fullt TAX FREE.And loss on sale of mutual fund can set-off from last year gains and carry-forward for the next 7 years.....


How do no load mutual funds work?

No load mutual funds are mutual funds that are sold directly by the investment company instead of by an investment broker. They work exactly the same as regular mutual funds.


How do fund of funds classify?

Mutual Funds are classified as * Equity Mutual Funds * Equity Diversified Funds * Equity Linked Savings Schemes * Large Cap funds * Mid cap funds * Small cap funds * Contra Funds * Sectoral Funds * Thematic Funds * etc... * Debt Mutual Funds * Bond Mutual Funds * Hedge Funds * Fund of Funds * etc...


What are some of the best mutual funds available?

There are many good mutual funds available. According to CNN, some of the best mutual funds available include the American Funds American Mutual A and Sound Shore.


What are mutual fund shares?

Mutual fund shares are stocks of mutual funds, fractions of mutual funds just as companies have shares.


How many mutual funds were there in 1990?

By 1990, there were 3,105 different mutual funds


What is pimco funds?

Pimco funds are mutual funds. They are a type of mutual fund that gains interest over time. Pimco is a international financial institution from whom you would get these mutual funds.


What are the two primary types of mutual funds?

The two primary types of mutual funds are "no-load" and "load" funds


Who is the controlling authority for mutual funds?

The Securities and Exchanges Board of India SEBI and The Association of Mutual Funds in India (AMFI) control the Mutual Funds in India


How can I find out more about best mutual funds?

Everyone has a different opinion as to which mutual funds are the best or worst. It depends on the experience that each person has had with the mutual funds.


What is the meaning of 'trust' when referring to mutual funds?

Trust is entity that owns the mutual funds.


What assets did mutual funds have in 1960?

Mutual funds owned $17.4 billion in 1960