Tax & Mutual Funds

Individuals / HUF

 

Equity-oriented schemes

Debt oriented schemes

Money Market and Liquid Schemes

Dividends

Nil

Nil

Nil

Dividend Distribution Tax (DDT, payable by the Scheme)

Nil

13.519%

27.038%

Long Term Capital Gains

Nil

10% without Indexation / 20% with Indexation (Plus applicable cess of 3%)

10% without Indexation / 20% with Indexation (Plus applicable cess of 3%)

Short Term Capital Gains

15.45%

As per Individual slab rates

As per Individual slab rates

Securities transaction tax (STT) will be deducted on equity funds at the time of redemption and switch to the other schemes.

Mutual Fund would also pay securities transaction tax wherever applicable on the securities bought / sold.

Domestic Companies / Firms

 

Equity-oriented schemes

Debt oriented schemes

Money Market and Liquid Schemes

Dividends

Nil

Nil

Nil

Dividend Distribution Tax (DDT, payable by the Scheme)

Nil

32.445%

32.445%

Long Term Capital Gains

Nil

10% without Indexation / 20% with Indexation (Plus applicable cess of 3%)#

10% without Indexation / 20% with Indexation (Plus applicable cess of 3%)#

Short Term Capital Gains

16.223%

32.445%

32.445%

# Surcharge of 5% in case of a domestic company, if the total income exceeds Rs 1 crore subject to marginal relief.

Securities transaction tax (STT) will be deducted on equity funds at the time of redemption and switch to the other schemes.

Mutual Fund would also pay securities transaction tax wherever applicable on the securities bought / sold.

 

Non Resident Indian

 

Equity-oriented schemes

Debt oriented schemes

Money Market and Liquid Schemes

Dividends

Nil

Nil

Nil

Dividend Distribution Tax (DDT, payable by the Scheme)

Nil

13.519%

27.038%

Long Term Capital Gains

Nil

10% without Indexation / 20% with Indexation (Plus applicable cess of 3%)

10% without Indexation / 20% with Indexation (Plus applicable cess of 3%)

Short Term Capital Gains

15.45%

As per Individual slab rates

As per Individual slab rates

 

 

 

 

The short term / long term capital gain tax will be deducted at the time of redemption of units in case of NRI Investors.

Securities transaction tax (STT) will be deducted on equity funds at the time of redemption and switch to the other schemes.

Mutual Fund would also pay securities transaction tax wherever applicable on the securities bought / sold.


Securities Transaction Tax

Equity Oriented Mutual Fund

0.25%

Other than Equity Oriented Mutual Fund

Nil




Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.