![How can you save tax on mutual funds by forming a Hindu Undivided Family unit? How can you save tax on mutual funds by forming a Hindu Undivided Family unit?](https://i1.wp.com/www.livemint.com/lm-img/img/2024/12/10/1600x900/Tax_3_1732437852233_1733827019697.jpg?w=600&resize=600,400&ssl=1)
How can you save tax on mutual funds by forming a Hindu Undivided Family unit?
Source: Live Mint Taxes can hurt, but one can be smart about them. One of the many ways to save taxes is to create a family unit and pool assets to form a Hindu Undivided Family (HUF). An HUF has its own permanent account number (PAN) and files tax returns independently of its members. “Think…