DWQA User Profile bharath84Questions(1)Answers(0)Posts(0)CommentsHi chander.I am non resident and I have invested mutual funds through SIP by my saving acount for a year and half.when I asked my agent regarding the same on the tax ,he told I can change the savings to NRO and I am in the process.He also told that there is no tax for profit generated through mutual fund if you hold mutual fund a year.Please let me know your thoughts.On Tax status on mutual fund holdingsCrop
