Markets
BSE See NSE See 44,149.72
-110.02 (-0.25%)
Stamp Duty on MF Purchases: Not a Big Deal

Stamp Duty on MF Purchases: Not a Big Deal

Print

From the start of this month, all mutual fund investors have to bear stamp duty at a rate of 0.005 per cent on mutual fund purchases. The duty is irrespective of the amount you have invested and is applicable for every category of investment such as equity, debt and hybrid.

To read the entire article, you must be a DSIJ magazine subscriber.

 

Comments are only visible to subscribers.

DSIJ Mindshare

12345Last