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Interest on mutual fund

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(Querist)
08 October 2014 sir I want to know that interest on mutual funf taxable or tax free?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
09 October 2014 MFs don't pay interest but dividend and redemption. So check the scheme Information Document to understand what the payment actually is and check its tax exemption status.

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