13 February 2014
please see the details of the investment.
1) Puchase Date 26/09/2012 INR 10,00,000/- Fund Name – BIRLA SUN LIFE DYNAMIC BOND – RETAIL PLAN – DIV REINVESTMENT. Switch Out Date 17/05/2013 INR 10,72,877.37 Fund Name - BIRLA SUN LIFE DYNAMIC BOND – RETAIL PLAN – GROWTH.
Now the client wants to check in case we switch the fund to BIRLA SUN LIFE MEDIUM TERM PLAN. What will be the tax implications? LTCG or STCG?