Fri, Apr 19, 2024
Returns on mutual fund investment are taxed. If one sells their investments in less than 12 months of owning them, their returns are considered as short-term capital gains, but if they sell them 12 months after owning investments, their returns are considered as long-term capital gains. Both types of gains are taxed at different rates.
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Wed, Apr 17, 2024
Mutual Fund Tax Treatment: As per Indian tax laws, any equity fund with more than 65 per cent exposure in Indian equities are defined as an “equity funds” for tax purposes. Gains from equity funds are taxed at 15 per cent if sold within 12 months (short-term capital gains), and at 10 per cent, if sold after 12 months (long-term capital gains).
Wed, Oct 11, 2023
Mutual funds are a great way to invest your money and grow your wealth over time. They offer a range of benefits, including diversification, liquidity, low cost, and tax benefits. In this video, we will discuss the benefits of mutual funds in detail and explain why they are a great investment option for beginners and experienced investors alike.
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