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Any tax complications by doing SIP in Mutual Funds ?

I am interested in doing a SIP . So I wanted to Know doing SIP via FundsIndia would be better or doing through SBI Bank (if any route is present).

I can Invest Rs500 – Rs1000 after 2-3years I will increse my SIP . So at present If I do SIP than which Funds I must Choose. Are there any TAX complications.

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