How does Scripbox pick funds when withdrawing?

Modified on Fri, 30 Jun, 2023 at 3:20 PM

Scripbox Smart WithdrawTM algorithm is designed to optimise your tax outgo by considering a combination of long-term and short-term units. It analyses multiple scenarios to arrive at the right fund mix that minimises taxes.

The algorithm takes advantage of tax offsetting provisions provided by the Income Tax Department. This allows you to adjust gains in certain funds against losses in others, optimising your overall tax liability.

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