{"id":1496,"date":"2024-04-23T11:08:50","date_gmt":"2024-04-23T11:08:50","guid":{"rendered":"https:\/\/jamawealth.com\/askguru\/?p=1496"},"modified":"2026-03-02T19:25:26","modified_gmt":"2026-03-02T19:25:26","slug":"to-avoid-ltcg-should-i-redeem-the-present-5-year-old-elss-fund-and-reinvest-again","status":"publish","type":"post","link":"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/23\/to-avoid-ltcg-should-i-redeem-the-present-5-year-old-elss-fund-and-reinvest-again\/","title":{"rendered":"To avoid LTCG, should I redeem the present 5-year-old ELSS fund and reinvest again?"},"content":{"rendered":"\n<p>LTCG is only on gains made since 31 Jan 2018 and the markets haven&#8217;t made any gains in this period.<\/p>\n\n\n\n<p>Assuming you have invested in regular plans and losing out on broker commissions, you can switch to direct. If your fund doesn&#8217;t have th word \u2018Direct Plan\u2019 in it, then do switch soon. You can send a mail to&nbsp;<a href=\"mailto:switch@jama.co.in\" target=\"_blank\" rel=\"noreferrer noopener\">switch@jama.co.in<\/a>&nbsp;and get help on switching over.<\/p>\n\n\n\n<p>Read more:&nbsp;<a href=\"https:\/\/www.jama.co.in\/direct-plans-vs-regular-plans\/\" target=\"_blank\" rel=\"noreferrer noopener\">3 Reasons to Switch to Mutual Fund Direct Plans<\/a><\/p>\n\n\n<!-- mw-cta-block -->\n\n<div class=\"mw-cta-block\" style=\"background:#EEF3FC;border-left:5px solid #1C52A0;padding:22px 26px 20px;margin:36px 0 24px;border-radius:0 10px 10px 0;\">\n  <p style=\"margin:0 0 4px;font-size:11px;font-weight:700;color:#276FC4;letter-spacing:1px;text-transform:uppercase;\">Maxiom Wealth \u2014 Free Tool<\/p>\n  <h3 style=\"margin:0 0 10px;font-size:19px;font-weight:700;color:#113E81;line-height:1.3;\">How Much Tax Will You Save \u2014 or Pay \u2014 This Year?<\/h3>\n  <p style=\"margin:0 0 18px;color:#444;font-size:15px;line-height:1.65;\">Capital gains tax on equity, HRA exemptions, 80C deductions \u2014 it all adds up. Use our tax calculators to plan smarter before the financial year ends.<\/p>\n  <a href=\"https:\/\/maxiomwealth.com\/resources\/calculators\/capital-gains-tax\" style=\"display:inline-block;background:#1C52A0;color:#fff!important;padding:11px 22px;border-radius:6px;text-decoration:none;font-weight:600;font-size:14px;margin:0 10px 8px 0;\">Capital Gains Tax Calculator \u2192<\/a>\n  <a href=\"https:\/\/maxiomwealth.com\/meeting\" style=\"display:inline-block;border:2px solid #1C52A0;color:#1C52A0!important;padding:9px 22px;border-radius:6px;text-decoration:none;font-weight:600;font-size:14px;margin-bottom:8px;\">Talk to a Financial Advisor<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>LTCG is only on gains made since 31 Jan 2018 and the markets haven&#8217;t made any gains in this period. Assuming you have invested in regular plans and losing out on broker commissions, you can switch to direct. If your fund doesn&#8217;t have th word \u2018Direct Plan\u2019 in it, then do switch soon. You can&hellip;&nbsp;<a href=\"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/23\/to-avoid-ltcg-should-i-redeem-the-present-5-year-old-elss-fund-and-reinvest-again\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">To avoid LTCG, should I redeem the present 5-year-old ELSS fund and reinvest again?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,100],"tags":[],"class_list":["post-1496","post","type-post","status-publish","format-standard","hentry","category-mutual-funds","category-taxation-mutual-funds"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=1496"}],"version-history":[{"count":1,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1496\/revisions"}],"predecessor-version":[{"id":3480,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1496\/revisions\/3480"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=1496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=1496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=1496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}