Tax implications (MF)

Q & A ForumCategory: Mutual FundsTax implications (MF)
vijaya asked 6 years ago
Dear Shreekanth, Thank you for answering my previous question. I have 2 new queries: Question 1. With regards to Liquid,Balanced or Debt funds, I read about Dividend being tax free but the Fund house has to pay DDT. Is the Growth option Tax free ? I am in the 30% tax bracket. Question 2. I read about STCG and LTCG. After 3 years, I understand that  the investment in Bal.Fund or Debt Fund will be Tax free ?
1 Answers
Sreekanth Staff answered 6 years ago
Hi, The long term capital gains on Equity funds only are tax free. Suggest you to kindly go through below articles ;
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