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

What is grandfathering clause for Equity Mutual Funds?

Thursday, August 16, 2018 by Indian Real Estate News

Best SIP Funds to Invest Online 


Since 1 April, 2018, long-term capital gains (LTCG) made on redemption of equity mutual funds have been subject to 10% tax. 

The tax is applicable on LTCG made by the investor over and above Rs 1 lakh a year. 

However, the LTCG made till 31 January, 2018, have been grandfathered, so the gains will remain tax-exempt. 


In case of units purchased before 1 February, 2018, cost of acquisition will be considered as the higher of the actual cost of acquisition, or the NAV as on 31 January 2018. 

If the sale consideration (NAV for redemption) is lower than the NAV on 31 January 2018, the sale consideration will be considered instead of NAV. 



 





SIPs are Best Investments as Stock Market s are move up and down. Volatile is your best friend in making Money and creating enormous Wealth, If you have patience and long term Investing orientation. Invest in Best SIP Mutual Funds and get good returns over a period of time. Know which are the Top SIP Funds to Invest Save Tax Get Rich - Best ELSS Funds

For more information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

| comments (0)

0 comments:



Post a Comment


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

Popular Posts

  • Religare Banking Fund
    Buy Gold Mutual Funds Invest Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Call 0 94 83...
  • Birla Sun Life Debt Funds
    Invest Birla Sun Life Debt Funds Online Scheme   The Average Maturity Of Complete Portfolio YTM Mark to Mkt Modified ...
  • Bajaj Allianz Life Young Assure
      Bajaj Allianz Life has launched Young Assure, a non-linked, participating plan to help people fund their children's education....
  • Goldman Sachs India Equity Fund
    Buy Gold Mutual Funds Invest Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Call 0 94 8300 83...
  • Birla Sun Life MNC Fund dividend
      Birla Sun Life Mutual Fund has announced dividend under the dividend option of Birla Sun Life MNC Fund. The quantum of dividend shall b...
  • Gold Savings Fund
    Invest Mutual Funds Online Download Mutual Fund Application Forms Buy Gold Mutual Funds Gold Savings Funds An int...
  • Bharat Bond ETF
    Top SIP Funds Online   The government of India has paved the way for the launch of India's first corporate bond ETF called as Bharat B...
  • Mirae Asset Focused Fund
    Top SIP Funds Online   Mirae Asset Focused Fund (MAFF ) is a new fund from the stable of Mirae Asset Mutual Fund. It is an open-ended ...
  • AmEx offers travel credit card
    Buy Gold Mutual Funds Invest Mutual Funds Online Download Mutual Fund Application Forms Call 0 94 8300 8300...
  • Use debt mutual funds to meet your goals
    Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Ca...
Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications