Tag: Stamp Duty
Smart Money July 3, 2020
Will the 0.005% Stamp Duty affect YOUR MONEY in MUTUAL FUNDS?
Investor Alert: Beginning 1st July 2020, a stamp duty of 0.005% would be levied on all mutual fund purchase transaction, in accordance with the orders issued by the Government of India. Bottom line: If you invest in mutual funds for overnight or small durations such as few days to few weeks, then yes, you will […]