Articles

Latest articles on Life Insurance, Non-life Insurance, Mutual Funds, Bonds, Small Saving Schemes and Personal Finance to help you make well-informed money decisions.

Mutual Funds - How Much tax Do You Pay On Your Equity Investments?

04 Jul 2018

fjrigjwwe9r3SDArtiMast:ArtiCont

Equity as an asset class is an important portion of an investor’s portfolio. However, tax rules vary for different types of equity instruments. For example, capital gains tax is based on the period of holding. So for stocks and equity-oriented mutual funds, long term is defined as more than 1 year, but for Ulips this parameter doesn’t apply.

Taxes reduce the overall returns that you can get from a product. Given that different equity assets attract different tax rules, an investor must take a careful look at the suitability of an investment in terms of taxes too.

Here’s a look at what the various taxes are.

 

Source: Live Mint BACK

Copyright © 2024 Design and developed by Fintso. All Rights Reserved