Tax exemption on investing SBI dual advantage fund XVI

Q & A ForumCategory: Mutual FundsTax exemption on investing SBI dual advantage fund XVI
gopal ch patra asked 9 years ago
Sir, I invested Rs1 lakh in above stated fund on 06.09.2016. Can I claim and get any benifit u/s80C of IT Act in the AY2017-2018 for such investment ? Thanking You, Yours faithfully, Gopal Ch. Patra
1 Answers
Sreekanth Staff answered 9 years ago
Dear Gopal, SBI Dual advantage fund is a debt oriented hybrid fund and no tax benefits are available for investments made in this scheme.
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