TOPIC: Holding period in Equity Mutual Funds

Holding period in Equity Mutual Funds 1 year 2 months ago #148

  • Shiuli06
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Hi Sir,
Really an informative blog from you andI I am following it from few months….I have a small doubt about mutual fund. Let us say, I invested in some balanced fund from March 2016 to Aug 2017 in SIP form or lumpsum (+reinvestment in same folio no). If I want withdraw from the fund in Aug 2017
case 1: SIP
I have to pay any STCG for Aug 2017? (because not all the installments crossed 1 year to get exemption under capital gains(equity funds))
case 2 : lumpsum(+ reinvestment in same folio no)
can I have STCG for Aug 2017?( my lump sum may cross 1 year but not the reinvestment in the fund under the same folio no)
I hope you got my point..
kindly elaborate…..
thanks…
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Holding period in Equity Mutual Funds 1 year 2 months ago #156

  • Ragan8
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Thank god! Something about equity. I have been looking for the question, what is equity for a very long time now. I do get answers but I am still perplexed as to what and how it is done. It was good coming across this post as even I have plans of doing investments and buying shares.
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