Monthly SIP – Maturity period 1 year – Investment to be done by a Pvt ltd co.

POSTED BY ullas.jhunjhunwala ON April 17, 2012 7:14 pm COMMENTS (2)

Hello guys,

An SIP of 5,00,000 pm, to be done through a private ltd co. with Minimum risk, need the money back in one year.
Is Short term debt fund the best option for such a scenario? Also what will be the tax implication for the company?

Thanks

2 replies on this article “Monthly SIP – Maturity period 1 year – Investment to be done by a Pvt ltd co.”

  1. ullas.jhunjhunwala@gmail.com says:
    April 18, 2012 at 10:13 am

    Dear Ashal, Cant the dividend option be selected? as the tax in that case would be apprx. 15%

    Reply
  2. ashal jauhari says:
    April 17, 2012 at 7:36 pm

    Dear Ullas, barring 1 SIP, all subsequent SIPs ‘ll be liable to STCG/STCL as the case may be. With minimum Risk, Short Term debt funds are the only option.

    Thanks

    Ashal

    Reply

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