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Arbitrage fund taxability long term
how long term arbitrage fund taxable .
Replies (1)
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.
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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