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Balanced Funds Investing and Tax

Balanced Funds Investing Online

 

Balanced funds (or hybrid funds) invest their portfolio in a mix of debt and equity. They can be equity-oriented or debt-oriented, depending on their exposure to equity. If a fund invests minimum 65 per cent in equities, it is called equity-oriented balanced fund. If a fund invests less than 65 percent in equities, it is called debt-oriented balanced fund. This category is clearly segregated in our funds list.
 
 

Equity oriented balanced funds, if held for more than 12 months are exempt from long term capital gains tax. For periods less than that, short term capital gains tax is applicable at 15 percent.

 

For debt oriented balanced funds, long-term capital gains tax is applicable if the fund is held for 36 months or more. This is at 10 percent without indexation benefits or 20 percent with indexation benefits. Short-term capital gains tax on debt funds is as per your tax bracket.


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Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saver Mutual Funds to invest in India for 2016

Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Religare Tax Plan

4. DSP BlackRock Tax Saver Fund

5. Franklin India TaxShield

6. ICICI Prudential Long Term Equity Fund

7. IDFC Tax Advantage (ELSS) Fund

8. Birla Sun Life Tax Relief 96

9. Reliance Tax Saver (ELSS) Fund

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

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Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications

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Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications