To generate long term capital appreciation along with current income by investing in a mix of Equity and Equity related Instruments, debt Instruments and money market instruments
Axis Equity Hybrid Fund - Direct Plan - Dividend - Quarterly charges 1.0% of sell value; if fund sold before 365 days. There are no other charges.
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.|If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Floating rate funds usually come into play when there is a raising interest rate scenario, there are many other options available for short term within debt funds, may be connect with litmfin.com for detailed options on your requirement. View more | 2
Posted by : litmfin
Posted by : Chethan356
Posted by : waheedahmadkhan
Posted by : TRENDYDS
Posted by : Kavya23
Hi, can someone help me understand the actual tax deducted by HDFC Balanced Advantage Monthly Dividend ? want to understand how it will change from april. i am getting conflicting answers that its current tax rate is 10% or 20% as it is hyb...  View more | 2
Posted by : checkpost