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Taxation of Mutual Funds

 If you sell your investments in stocks/equity Mutual Funds after 12 months, your investments would qualify for long-term capital gains tax which is zero at the moment.
If you sell your stocks/equity mutual fund investments before 12 months, you will have to pay a short-term capital gains tax at the rate of 15 per cent.
However, debt mutual funds qualify for long-term capital gains tax only if investments are held for three years.
The long-term capital gains tax on debt funds are 20 per cent with the indexation benefit. If debt mutual fund investments are sold before three years, the short-term gains are taxed as per the Income Tax slab applicable to the investor.

Invest Rs 1,50,000 and Save Tax upto Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds

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1. DSP BlackRock Tax Saver Fund

2. Invesco India Tax Plan

3. Tata India Tax Savings Fund

4. BNP Paribas Long Term Equity Fund

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For further information contact Prajna Capital on 94 8300 8300


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Taxation of Mutual Funds


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