Union Budget 2024: How to rejig your MF portfolio after change in tax structure

After the Union Budget 2024, the tax structure on mutual funds changed, with short-term gains now taxed at 20% and long-term gains at 12.5%. Experts suggest focusing on long-term investments and diversification. Equity-oriented funds remain attractive, while sector allocations favor agriculture, defense, and infrastructure. International funds and gold mutual funds have become more tax-efficient.