To mitigate the impact of Dividend tax, investors could swiftly take the DIY route to reconstruct their equity MF portfolio:-
1. Invest/start SIP in Growth option only.
2. Stop SIP in all other options.
3. Prioritize Switching/Redeeming from these other options first.
4. Pressurize fund houses to immediately merge all their options into Growth option, instead of declaring any dividend in them.
5. Explore the possibility of exiting funds of other options, even with STCG too if the tax outgo is minimal, and invest the amount in Growth option only.
1. Invest/start SIP in Growth option only.
2. Stop SIP in all other options.
3. Prioritize Switching/Redeeming from these other options first.
4. Pressurize fund houses to immediately merge all their options into Growth option, instead of declaring any dividend in them.
5. Explore the possibility of exiting funds of other options, even with STCG too if the tax outgo is minimal, and invest the amount in Growth option only.