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Non Taxable MF
by
Narayan R
on Apr 08, 2007 08:48 AM
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"If you are holding an equity mutual fund (any fund that invests greater than 65% of its corpus in equities), then the capital gains tax is nil"
Can anybody suggest any Mutual Funds that satisfy the above condition?
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RE:Non Taxable MF
by
sandip kadam
on Apr 08, 2007 01:06 PM
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UTI INFRASTRUCTURE FUND
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RE:Non Taxable MF
by
Ajit Kurup
on Apr 08, 2007 11:24 AM
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very true. why does rediff publish such out dated irrelevant articles. again tomorrow they are going to teach what is SIP..god ....
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The above message is part of the Discussion Board:
Tax liability on the mutual fund