Mf tax - switch frm one plan to another within same scheme


#1

Is a switch frm growth plan to a dividend reinvestment plan of the same scheme subject to short term cap gains tax ?


#2

Yes.


#3

Thanks


#4

anws why u are switching frm growth to div reinvestment…that brings dividend distribution tax.


#5

…and reduces overall tax incidence as div distrib tax on this equity orient fund is lesser than any other tax including on redemption !