Mutual fund

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NK1976

NK1976 (Querist)
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10 July 2017 Dear Sir,

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.

Please advise in above matters.

Thanks & Regards

Jitendra Joshi

Jitendra Joshi (Expert)
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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.