All About Kotak Tax Saver
In equity linked scheme lock in period is for 3 years which is much lesser than other available option under Section 80C. Investors can avail SIP over a long period of time. Portfolio risk is managed through adequate diversification.
What part of the salary should be invested in Mutual Funds
Horizon of investment should keep at least for a 3 to 5 years to get the actual benefit from Equity Mutual Fund.
Are there any tax benefits in Equity oriented Balanced Fund
What percentage of savings should be invested in Mutual Fund
Mutual Funds Taxation How are the Mutual Funds Taxed
In Mutual Fund tax is payable only when it redeemed. In equity mutual fund STCG is considered for a period of less than one year & for LTCG for 1 or more than 1 year & tax rate is 15% & 10% respectively. In debt mutual fund STCG considered for a period of less than 3 years & for LTCG for 3 years.