Tax Efficient
Returns:
Equity Mutual Funds
- As the gross equity exposure will be greater than
65%, it will attract
equity taxation*.
·
Equity Taxation – Dividend income tax free;
·
Capital gains – for more than 1 year – exempt;
less than 1 year –
15%. Tax rates given are basis prevailing tax laws.(10.3%., 20.6%.30.09%)
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