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  • How Hybrid Funds Are Taxed


    Date: 16-07-2018
    Views: 3868

    In this video, we will discuss how hybrid mutual funds or hybrid funds are taxed Edited highlights 0:06 In this video, we will discuss how hybrid mutual funds or hybrid funds are taxed 0:11 The backdrop of this video has been the recent changes in long term capital gains tax and rationalisation and reclassification of mutual fund schemes 0:24 Previously, a category of hybrid funds called balanced funds had become popular, especially in the recent past 1:29 The critical role playing in taxation of hybrid funds is the amount of investment made in equities by the hybrid fund 1:37 If it is 65% or more the taxation is the same as an equity fund 1:49 If it is less than 65%, it is treated like a debt fund 2:10 If the investment in hybrid equity fund is more than one year, you pay 10% long term capital gains tax if you annual capital gains is more than Rs 1 lakh 2:21 If the investment is less than 1 year old, you pay 15% short term capital gains tax 2:43 If the hybrid fund has invested less than 65% in equities, it is hybrid debt fund and taxed like a debt fund 3:04 If your units are three years or more, you pay 20% long term capital gains tax with benefit of inflation indexation for your units


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