If your investment horizon is less than one year and if you are
looking for a debt fund then you may consider Short term debt funds.
Hence individuals who fall under the 30 percent taxable income bracket should
opt for debt funds.
It is 1.35 % p.a. for Blue Chip Equity Fund, 1.10 %
p.a for Debt Fund, 1 % p.a for Secure Fund, 0.50 % p.a for Discontinued Policy Fund.
Fund management
charge for Debt Fund & Liquid Fund may be revised up to 1.35 % p.a upon prior approval from IRDAI.
I understand if I redeem, I'll have to pay the following, 1) short term capital gains tax (STCG) since it's less than 3
yrs for debt funds — as per my income tax slab 2) and since it's less than a year for equity funds — 15 % Here my query is — If I redeem any of them in full / partial and invest in plot / home investment property, will I not be liable to pay STCG?
I'm looking
for debt funds in India that aim to give you high returns, at the cost of high risk.
The holding
period for debt funds has been increased to 36 months or 3 years in the Union Budget for FY2014 - 15.
Btw, for stocks, short - term is 1 year and anything above is long term.Does the same hold true for TFBs, or is the period 3 years as is the
case for debt funds?
However, if you look at some good fund houses and analyze their 1 month, 6 month, 1 year, 3 year comparative
return for some debt funds and also compare them with the category average you will get a fair idea of its performance.
As per SEBI the total expense ratio for equity mutual funds is capped at 2.5 %,
for debt funds at 2.25 % and for index funds at 1.5 %.
Madison Realty Capital, meanwhile, is targeting a total equity raise of $ 600m
for its Debt Fund III, with a hard cap of $ 700m.
It is 1.35 % p.a. for Accelerator Fund & Stable Fund, 1.10 %
p.a for Debt Fund, 1 % p.a for Secure Fund, 0.50 % p.a for Discontinued Policy Fund.
Fund management
charge for Debt Fund and Liquid Fund may be revised up to 1.35 % p.a on prior approval from IRDAI.
For debt funds, stick to ultra short - term / short - term category for your investments.
For debt funds, Less than 3 years could result in a short term capital gains tax.
Specially, when the mutual fund investments are enjoying higher than normal returns pushed by a bull market 9for equity) and falling interest rates and thus higher returns (
for debt funds).
If you hold your fund for at least 3 years, you have to pay a long - term capital gains tax of 20 %
for debt funds.
For debt funds, short - term is defined as 3 years.
For all debt funds, you must look at their credit rating profile.
So you only pay a fund management charge, which is 1.35 % for equity and balanced funds and 1.25 %
for debt fund.
The annual fund management charge for equity funds is 1.35 per cent;
for debt funds, it is one per cent.
It is 1.35 % p.a for Equity II Fund, Growth Plus Fund, & Balanced Plus Fund, 1 % p.a
for Debt Fund, 0.80 % p.a for Liquid Fund, 0.50 % p.a for Discontinued Policy Fund.
It is 1.35 % p.a for India Multi-Cap Equity Fund, Equity II Fund, Growth Plus Fund & Balanced Plus Fund, 1 % p.a
for Debt Fund, 0.80 % p.a for Liquid Fund, 0.50 % p.a for Discontinued Policy Fund.
It is 1.35 % p.a. for Stable Fund, Accelerator Fund & Blue Chip Equity Fund, 1.10 % p.a
for Debt Fund, 1 % p.a for Secure Fund, 0.50 % p.a for Discontinued Policy Fund.
It is 1.20 % p.a
for Debt Fund, 1.35 % p.a for Balance Fund, Growth Fund & Large Cap Equity Fun, 0.50 % p.a for Discontinued Policy Fund.
It is 1.35 % p.a. for Accelerator Fund & Stable Fund, 1.10 % p.a
for Debt Fund, 1 % p.a for Secure Fund, 0.50 % p.a for Discontinuance Policy Fund.