FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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Zerodha (Trade with the best stock broker)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Mutual Fund SIP in Equity Linked Saving Scheme (ELSS) is tax-free up to Rs 1.5 lakhs with a lock-in period of 3 years.
For all other Mutual Fund SIP, if the long-term capital gain is below Rs 1 lakh, it is exempted from tax, and the additional amount above Rs 1 lakh gets taxed at 10%. The short-term capital gains get taxed at 15%, irrespective of your income tax slab.
Topic: Mutual Fund SIP Defenition
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