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Arbitrage fund taxability long term

neeraj pandey (trainee) (22 Points)

23 October 2019

how long term arbitrage fund taxable .

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Kapadia Pravin (17249 Points)
Replied 23 October 2019

Long term capital gains on investments held over a year in arbitrage funds are taxed at 10 per cent.

Short-term capital gains made on arbitrage mutual fund investments held for less than a year are taxed at 15 per cent.

This favourable taxation still gives arbitrage funds an edge over debt mutual funds.

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