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Capital gain tax on Debt Funds

Dear All,

I have read a nice article on capital gain tax on mutual fund. I am sharing the link

http://www.tflguide.com/2011/12/mutual-fund-taxation-in-india.html

My question is that if the article is correct then do we have to give the long term capital gain tax on HDFC MIP LTG which is basically a debt fund with bit of exposure to equity.

 

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