Arbitrage fund taxability long term


neeraj pandey (trainee)     23 October 2019

neeraj pandey
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how long term arbitrage fund taxable .

avater

Kapadia Pravin   23 October 2019

Kapadia Pravin

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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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