Hi,
I have been investing in an equity fund past one year through SIP. Now I wish to redeem it as the first investment(SIP) completes one year in august and overall the fund has given me my desired return. So my question is will i have to pay STCG if I redeem all of the units which has acquired over the period of SIP?
Do i have to redeem the investment month by month to get the tax exempt?
Thanks,
Rajan