Hi Srikanth,
I came across this terminology "Dividends Reinvested" in my portfolio for growth oriented mutual funds. Could you please help me understand what does it mean?
3 Answers
Hi,
ICICI prudential regular income mutual fund is a Debt oriented fund, so if the units are redeemed withing 3 years from the date of purchase, taxes on short term capital gains (if any) are applicable.
Kindly read:
https://www.relakhs.com/mutual-funds-taxation-rules-capital-gains-tax-rates-on-mfs-fy-201516/
If you are investing in SIPs, you may discontinue the future SIPs and divert them to the same fund Direct plan.
Read:
https://www.relakhs.com/debt-funds-types-benefits-risk-vs-return/
https://www.relakhs.com/best-debt-mutual-funds-india-top-debt-funds/
Yes, Exit load is charged by the Fund house. The taxes are part of your income tax filing.
You may do so, but you need to calculate the gains and if your income is below basic exemption limit ie Rs 2.5 Lakh then your tax liability can be NIL.
(This answer is based on your PVT reply).
Please login or Register to submit your answer
Dividend reinvestment is a well-known marketing term. If you want to know more about the dividend reinvestment then you must take help from an online platform which provide the needful services. You can consider Tradebulls for the same, it may assist you with all the online marketing procedures.