How to calculate capital gains for your Equity and Debt Mutual Funds?
Mutual funds are broadly categorized into three types based on the asset classes they invest in – equity mutual funds, debt mutual funds, and hybrid mutual funds. When it comes to income tax perspective, hybrid funds are taxed as either debt-oriented funds or as equity-oriented funds depending on the percentage of allocation into the asset classes. Each mutual fund scheme that you invest in can generate two types of income –dividends and capital gains at the time of sale.
Like
Comment
Share
milestone global
Delete Comment
Are you sure that you want to delete this comment ?