The investment objective of HDFC Nifty 50 ETF is to generate returns that are commensurate with the performance of the NIFTY 50 Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be realized.
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%.
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Posted by : Tamizh117
Hello Jai9, The lumpsum value will matue in 3 years from the day you invested. For example : if you have invested on 1st Jan 2019 it will be available for withdrawal after 1st Jan 2022. Let me know for any more queries. View more | 2
Posted by : InvestmentPlanner