| Individuals / HUF |
| |
Equity-oriented schemes |
Debt oriented schemes/Money Market and Liquid Schemes |
| Dividends |
Nil |
Nil |
| Dividend Distribution Tax (DDT, payable by the Scheme) |
Nil |
28.325% (25%+10% Surcharge+3% Cess) |
| Long Term Capital Gains |
Nil |
10% without Indexation / 20% with Indexation (Plus applicable cess of 3%)# |
| Short Term Capital Gains |
15% (plus applicable cess of 3%)# |
As per Individual slab rates (plus applicable cess of 3%)# |
|
| # Surcharge of 10% in case of individual / HUF, if the total income exceeds Rs 1 crore. |
| Securities transaction tax (STT) will be deducted on equity funds at the time of redemption and switch to the other schemes. |
| Mutual Fund would also pay securities transaction tax wherever applicable on the securities bought / sold. |
|
| Non Resident Indian |
| |
Equity-oriented schemes |
Debt oriented schemes/Money Market and Liquid Schemes |
| Dividends |
Nil |
Nil |
| Dividend Distribution Tax (DDT, payable by the Scheme) |
Nil |
28.325% (25%+10% Surcharge+3% Cess) |
| Long Term Capital Gains |
Nil |
10% without Indexation / 20% with Indexation (Plus applicable cess of 3%)# |
| Short Term Capital Gains |
15% (plus applicable cess of 3%)# |
As per Individual slab rates (plus applicable cess of 3%)# |
|
| # Surcharge of 10% in case of individual / HUF, if the total income exceeds Rs 1 crore. |
| The short term / long term capital gain tax will be deducted at the time of redemption of units in case of NRI Investors. |
| Securities transaction tax (STT) will be deducted on equity funds at the time of redemption and switch to the other schemes. |
| Mutual Fund would also pay securities transaction tax wherever applicable on the securities bought / sold. |
|
| Securities Transaction Tax |
| Sale of units of Equity Oriented Mutual Fund |
0.00% |
| Sale of units Other than Equity Oriented Mutual Fund |
Nil |
| Purchase of units of equity oriented mutual funds on stock exchange |
Nil |
| Sale of units of equity oriented mutual funds on stock exchange |
0.00% |
|
| Mutual Funds will also pay securities transaction tax wherever applicable on the securities bought / sold at 0.10% |
|
|
| Income Tax Rates for Individual / HUF / AOP / BOI |
| Total Taxable Income |
Tax Rate |
| Upto Rs 200000** |
Nil |
| Rs 200001 - 500000 |
10% |
| Rs 500001 - 1000000 |
20% |
| Rs 1000001 and above |
30% |
|
| ** In case of a resident individual of the age of 60 years or above but below 80 years, the basic exemption limit is Rs 250000. In case of a resident individual of age of 80 years or above, the basic exemption limit is Rs 500000. |
|
| Education cess is applicable @ 3% on income tax. No Surcharge is applicable. |
|
| Surcharge @ 10% is applicable on income exceeding Rs. 1 crore; Marginal relief for such person is available. |
|
| Rebate of Rs 2,000 for individual having total income upto Rs 5 Lacs. |
|
|
| TDS (Tax deducted at source) pertaining to NRI Investors # |
| |
Short Term Capital Gain |
Long Term Capital Gain |
| Equity Oriented Schemes |
16.995% ## |
Nil |
| Debt oriented schemes/Money Market and Liquid Schemes |
33.990% |
22.66%@ |
|
| ## Subject to NRI’s having Permanent Account Number in India |
| @ after providing for indexation |
| # As per the Finance Act 2012, with effect from July 1, 2012, a list of transactions is proposed to be specified, wherein the rate for tax deduction at source needs to be determined by the assessing officer. In case the transaction of sale of mutual fund units by an NRI gets covered within such list, then an application would be required to be made to the assessing officer to determine the tax deduction at source rate |
|
| Mutual Fund Investments are subject to market risks, read all scheme related documents carefully. |
|