What is the FIFO method - deployed to compute capital gains tax on the sale of mutual funds?

FIFO indicates first in first out which means the mutual fund units bought first are sold first. Based on this phenomenon, ...
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What Is First In, First Out? Here’s All You Need to Know

What Does FIFO Stand For? FIFO stands for ‘First In, First Out’. It is an accounting method used to track the cost of goods sold (COGS). Under FIFO, the cost of inventory purchased first is recognised ...
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Mutual Fund Taxation Explained: How FIFO Rule Works and How It Impacts Your Capital Gains

When it comes to investments, calculating taxes on mutual funds is often more complex than on fixed deposits or real estate. This complexity arises because taxation on mutual funds depends not only on ...