SIP & TAXATION

SIP registered through Channel Partner i.e. Grow, Zerodha, Angel One can be cancelled through their respective platforms only.

• True

• False

SIP registered through stock exchange directly and details is not visible in our records i.e ''MF360'' such SIP needs to be cancelled through....

• ABSL Platforms

• Stock Exchange

Holding period of Equity scheme for Taxation.

• 24 months

• 36 months

• 12 months

• 6 months

LTCG for Equity schemes.

• 10 %

• 15 %

• 12.5 %

• 20 %

STCG for Debt schemes

• 20 %

• 12.5 %

• 10 %

• A per TAX Slabs

Holding period of Debt schemes

• 36 months

• 12 months

• 24 months

• 6 months

Taxation on ETF

• STCG- AS PER TAX SLABS | LTCG- 12.5 %

• STCG- 20 % | LTCG- 10 %

• STCG- 10 % | LTCG- 15 %

• None of the options

Indexation is only applicable on Debt schemes

• True

• False

• Indexation has been removed from Debt & Real Estate both

• None of the options

Offline SIP cancelation request TAT IS .... from the next SIP debit date.

• 10 days

• 30 days

• 15 days

• 14 days

Online SIP cancelation TAT is.... from the next SIP debit date.

• 30 days

• 10 days

• 15 days

• 14 days