What are the Taxes on Mutual Funds

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In this video we have covered a very important aspect of Mutual Funds – Taxation. We have covered the applicability of tax on capital gains and dividends on both equity and non-equity-oriented schemes. He video also talks about the abolishment of the dividend distribution tax from financial year 2020-21 and the applicable tax rate on dividends from next year. Towards the end, we talk about the tax benefits under section 80C of investing in Equity Linked Savings Scheme or ELSS.

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