In this video, we take up mutual fund queries related to liquid funds and online platforms
Edited highlights
0:05 In this video, we take up mutual fund queries related to liquid funds and online platforms
0:43 Padmakumar Patil asks if there is a tax implication for liquid fund redemption or switching to a different mutual fund
0:53 Liquid funds are subject to capital gains tax
0:59 The taxation is like any debt fund. If you invest for less than 3 years, the capital gains get added to your income and you get taxed according to your tax slab
1:06 For investment of more than 3 years, there is a 20% long term capital gains tax with indexation
