Best SIP Funds to Invest Online
The growth option of monthly income plans are taxed exactly as debt funds. Tax laws specify that any fund which invests less than 65 per cent in equity should be treated as a debt fund. If you have invested in a growth option of a debt fund and realise your money anytime before three years, then all the gains will be treated as short term capital gains in the year in which you have realised the returns.
For example, if you have invested Rs 10 and realised Rs 12 per unit, the Rs 2 gain would be added to your income and it will be taxed according to your tax slab. If you hold it for three years, an indexed gain will be taxed at 20 per cent.
Invest in Equity Savings Funds to get good Returns and better Tax Benefits
SIPs are when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich
For further information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300
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