If you're looking for the potential for higher returns, consider the James Micro Cap Fund for at least a portion of your portfolio. The James Micro Cap Fund seeks to provide long-term capital appreciation. LEARN MORE Aggressive Allocation ...
A short-term capital gain tax (STCG) is applicable to funds that are sold before 1 year of the purchase. STCG rate for equity mutual funds that have equity exposure of 65 percent or more is 15%. vii. Security Transaction Tax (STT) The government also levies STT on equity-oriented mutual...
Learn essential tips on short-term mutual funds, including best practices, risks, and tax considerations for smart investing.
Capital Gain calculator from FY 2017-18 or AY 2018-19 for calculating Long and Short Term Capital Gains with CII from 2001-2002.
In India, capital gains tax is influenced by two factors – Type of mutual fund scheme Tenure or holding period For income tax purposes in India, a short term holding period for debt funds is up to 36 months. The short-term period for equity funds is up to 12 months. Whic...
Short-term capital gain When the funds are held for less than 1 year, they are considered short-term capital gains and taxed at 15%. In case of other hybrid fund schemes: Long-term capital gain If they are held for more than 3 years or 36 months, they are taxed at 20%. This amoun...
(if the amount of gains is more than 10,000) or as Self Assessment Tax while filing ITR. The taxability of capital gains depends on the type of Mutual Fund(Equity or Non-Equity) and how long did one hold the MF(Long term capital gain LTCG or Short Term Capital Gain STCG). The ...
This is the type of fund that resembles fixed-income funds but usually limits their assets to government-issued, highly-rated short-term securities such as certificates of deposit, T-bills, short-term bonds, and dated securities. Hybrid funds A hybrid is the type of fund that invests pooled...
ETF and mutual fundshare transactions follow the long-term and short-term standardization of capital gains treatment.3However, the one-year delineation does not apply to ETF and mutual fund capital gains distributions, which are when the fund manager sells some of the fund's assets for a capita...
A money market fund is a type of mutual fund that invests in high-quality, short-term debt instruments and cash equivalents. Learn the pros and cons of this investment. more Unit Investment Trust (UIT): Definition and How to Invest Unit investment trusts (UIT) buy a fixed portfolio of ...