POSTED BY December 2, 2014 5:03 pm COMMENTS (5)ON
I’m planning to invest in Mutual Fund via STP (money transfer from Debit Fund to Equity Fund). As per recent tax chanrges for Debit fund, there will be tax implication if amount withdraw before 3 years.
However in STP, the amount will be debited from debit fund and credited to equity fund so is above taxation applieshere too? Please clarify if any other charges are there for STP?