To provide income distribution and or medium to long term capital gains by investing predominantly in high dividend yield stocks. Dividend Yield will be considered as high if it is greater than Dividend Yield of the BSE Sensex last released published by BSE.
Tata Dividend Yield Fund - Regular Plan - Growth_Old1 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 12.5%, if your total long term capital gain exceeds 1.25 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 20%. Any cess/surcharge is not included in the 20%.