We are investing in Mutual Fund from last 2 years, I have queries regarding the MF. How to know that the fund is equity oriented & Other than equity Oriented & What is debt Fund. What is the Holding period for Short Term & Long Term Capital Gain. What is the Tax on Capital Gain on redemption on Mutual Fund Units.
11 July 2017
Surf Valueresearch Online.com and do analysis of Mutual Funds. Regarding LTCG- All equity oriented MF held for more than one year are treated as Long Term Investments. LTCG Tax on Equity MF is NIL as of now.