Sentences with phrase «redemptions of equity mutual funds»
Any capital gains on redemptions of Equity mutual funds after 1 year of holding the units are exempted from income taxes.
https://www.relakhs.com/ Not exact matches
Finally, in the past quarter, bonds declined while equities rose, reversing most of last year's divergence (though interestingly, industry data continues to show redemptions in equity mutual funds and inflows in bond and hybrid funds).
The capital gains in Equity Linked Mutual Funds are tax free if redeemed after 1 year and since ELSS have a lock - in of 3 years (lowest in all tax saving instruments under 80C) the profit from ELSS is tax free upon redemption.