There is no such restriction in
case of Equity oriented pension funds.
Not exact matches
Please assume all the mutual funds are
equity oriented and don't attract short - term capital gains tax (most
of the funds in my portfolio are performing at the same level in my
case)
In the
case of growth
oriented investments, you can consider
equity funds (diversified and tax saving funds) and
equity shares where return
of at least 15 per cent is expected.
In
case of mutual funds, the tax - free label is applicable only on
equity -
oriented balanced funds and long - term gains from
equity funds.