Mutual fund switch from dividend option to growth within same scheme

Tax queries 69 views 1 replies

Dear Sir,

regarding mutual fund switch

if i switch from dividend option to growth option within same scheme as (SWITCH TRANSACTION DT 6TH JULY 2021)

IF I HAD PURCHASED mutual fund  3 YEARS BACK.

CAPITAL GAIN TAX WILL BE APPLICABLE OR NOT .

Thanks

 

Replies (1)

It attracts ddt in your hands fo dividend option and capital gains for growth option


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