Site icon Jagoinvestor

Tax treatment of BALANCED FUNDS

Hi,

     Just for clarification… Heard that balanced funds that have more than 65% allocation to equities are treated in the same way as pure equity funds (no long term capital gains tax after 1 year) . Will this continue under the new DTC as well?? Also could u suggest some balanced funds that will always have more than 65% allocation to equities??

Exit mobile version