Sentences with phrase «on debt funds»
Can i first adjust short term capital gain on debt fund... then adjust short term capital gain on equity funds..
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Long term capital gains tax is applicable on debt funds held for more than 36 months.
Returns on debt fund are better than the fixed deposits.
The relatively high fund management charges on debt funds may be partly responsible.
Infact, very clear and detailed article on Debt Funds explained in Simple and understandable terms.
However, while FD returns are futuristic, Debt fund returns are past returns and since interest rates in general have gone down, we might see its impact on debt funds too.
By paying indexation based long term capital gains on debt funds instead of tax on FD interest, they are able to save a few precious rupees.
Long - term gains, which is gains on debt fund units held for over 36 months, are subject to long - term capital gains tax (LCGT) at the rate of 20 % after adjusting the price considering inflation Indexation
During last year's review on Debt Funds, I had selected SBI Magnum Gilt Fund, IDFC's G - Sec Fund and & L&T Gilt funds under Gilt Funds - Intermediate to Long - Term category.
Kindly read my latest article on Debt funds: Types of Debt Mutual funds.
Kindly note that taxes on capital gains on Debt fund are applicable.