Is it ok to invest lumpsome in
equity oriented funds now.
Not exact matches
Now i need your guidance in identifying the MF categories to be used for achieving my goals; Personally i am interested to invest in predominantly in Large Cap, Multi cap, Balanced
funds (
Equity -
oriented) to achieve my goals;
Dear Dhillon, Budget 2018 has
now proposed that 10 % Dividend Distribution Tax will be levied on
Equity oriented mutual
funds.
Now, when it comes to mutual
funds, we know that there are over 300
equity and
equity oriented schemes.
Their RESP
now totals $ 50,000, invested 20 % in the Dynamic U.S. Dividend Advantage Series F
equity fund and 80 % in the bond - oriented Fidelity Income Allocation Fund Serie
fund and 80 % in the bond -
oriented Fidelity Income Allocation
Fund Serie
Fund Series F.
Long - term capital gains from
equity -
oriented mutual
funds, which were earlier exempt from tax, will
now be taxed at 10 per cent.