Hi. I have invested 3lakhs in BSL cash plus.
Now i want to do STP to one of these 2 funds for that i need your suggestion.
1. BSL MIP wealth 25
2 BSL advantage fund
Kindly tell me which is better for 3-5 yr investment and what time period to choose form STP weekly or monthly and how much amount?
Thanks
1 Answers
Hi,
BSL MIP Wealth 25 is an MIP Fund (Hyrbid - Debt oriented aggressive category).
Whereas, BSL Advantage fund is an Equity oriented Mutli-cap Fund (Diversified).
So, we cant compare a debt fund with an equity fund.
But given the investment time-frame, you may consider BSL MIP fund.
Kindly note that the monthly STPs are treated as normal redemptions and taxes on capital gains (if any) are applicable.
Kindly read :
https://www.relakhs.com/mutual-funds-taxation-rules-capital-gains-tax-rates-on-mfs-fy-201516/
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