Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

FIFO indicates first in first out which means the mutual fund units bought first are sold first. Based on this phenomenon, capital gains tax is computed.

Investors often grapple with the complexities of calculating capital gains, especially when shares are bought and sold through multiple demat accounts. While brokers provide their own capital gain ...