Similarly, buyers don’t need to pay any tax while making purchase of an equity-oriented mutual fund. The sale of a unit of an equity-oriented fund to the Mutual Fund – exchange-traded funds (ETFs) attracts STT at the rate of 0.001 per cent of unit value. Note that these rates are decided by the central government and the tax is not levied on any off-market transaction. Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.
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