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Thursday, August 23, 2018

Taxation of Hybrid Mutual Fund Schemes

Best SIP Funds to Invest Online 




The tax treatment of gains made in equity funds is different from those made in non-equity funds or debt funds. To be considered an equity fund, the equity allocation in the fund has to be anything above 65 percent of the total assets. Therefore, unlike in the past, when a scheme's portfolio had to be referred to gauge its tax treatment, now the categories itself will decide it.







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