Suppose I have invested Rs.5 lakhs and in mutual funds after 10 year portfolio value is 12 lakh. How much tax do I need to pay?
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How much tax is payable If I withdraw my mutual fund investment amount after 10 years?
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If your ₹5 lakh becomes ₹12 lakh in an equity mutual fund after 10 years, your total tax will be approximately ₹62.4K only. Equity mutual funds are one of the most tax-efficient long-term investments in India.
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