Is dividend under mutual fund taxable ?

Dividend received from Mutual funds are exempt u/s.10(35) of I.T.Tax Act 1961.

it is tax free in the hands of the investor

yes its exempt....logic is same...Dividend distribution tax is already paid by the company declaring dividend...so its exempt in hands of investor...

No, its not taxable !

Exempt U/S 10(35) .

As an individual, Dividend received in your hands are exempt from tax. You need not pay any tax for the dividend redeived.
However, few clarifications will enlight your tax obligations.

exempt U/s 10(35) of IT Act,1961

Since u paid STT  so it is exempt u/s 10(35) of Income Tax Act,1961

thanks to all .

Its not taxable u/s 10(35) of income tax act 1961.

Dividend under mutual fund are not taxable.
Exempt U/S 10(35) .
Investing in mutual funds is a good idea though many of them are confused about creating a mutual fund portfolio. 

It would be more easier if you take help and find easy technics to invest in different levels of mutual funds.

Currently I have invested in close ended mutual funds in respect to get higher returns with no tax deduction with the help of  financial advisor which has given me higher retuns in number of tractions 

To know more visit :https://ajmerax-change.co.in/