Birla Sun Life Mutual Fund has declared a dividend of 6% (Rs. 0.60 per unit on Face Value of Rs.10) under the dividend option of Birla Sun Life Dividend Yield Plus. The record date for dividend has been fixed as June 17, 2011.
All investors registered in the Dividend Plan of the above scheme as on June 17, 2011 will receive the dividend.
Scheme details:
Birla Sun Life Dividend Yield Plus is an open ended growth scheme. The investment objective is to provide capital growth and income by investing primarily in a well diversified portfolio of dividend paying companies that have a relatively high dividend yield.
Birla Sun Life Dividend Yield Plus is an open ended growth scheme. The investment objective is to provide capital growth and income by investing primarily in a well diversified portfolio of dividend paying companies that have a relatively high dividend yield.
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Please guide me about Tax implication on birla sun life dividend yield plus growth
ReplyDeleteBSL Dividend Yield Plus-G is equity fund.
DeleteTax implication on sale of equity funds
Long term capital gains----->units held for more than 12 months --------> Nil
Short term capita gains -----> units held for 12 months or less ---------> 15.45
Refer this
Monday, February 27, 2012
Tax Implications on mutual Fund Gains..
http://mutual-funds-personalfin.blogspot.in/2012/02/tax-implications-on-mutual-fund-gains_27.html