HDFC IB - NFT

For income generated through IDCW option, the TDS applicable for Individual investors is____ and for NRIs is _____

• 10%, 20%

• 20%, 10%

• 10%, 10%

• TDS is not applicable on Dividend amount

Is it mandatory to change the Tax status for Dormant/Inactive folios

• Only for Dormant folios, it is not required.

• Yes, under uniformity in tax status for all folios under registered PAN

• Only for Inactive folios, it is not required.

Will change of Tax status affect an investor's existing investments?

• Yes, in terms of taxation, bank account linkages and regulatory compliance

• No, the tax applicable will be as per the date of investment.

Does an investor need to submit separate forms of change of tax status for each fund house?

• Yes, separate forms are required

• No, tax status gets updated at PAN level if submitted at any fund house

If only one contact details (Email/mobile) match with the distributor of the primary holder, will the other contact detail also be deleted?

• Yes, because both the contact details need to be updated

• No, only the contact detail that matches with the MFD will be removed.

Which of the below mentioned platform is exempted from the removal of contact details as matching with the Distributor?

• MF Utilities

• Channel investments

• Exchange(Non-Demat)

• Exchange(Demat)

If the Distributor contact details are found in the minor folio, what action will be taken by the AMC?

• The same will be removed

• The same will be retained till the time the family declaration is submitted

The facility where an investor provides a specific written request for freezing/blocking of folio to safeguard his units is known as____

• Lock in plan

• Folio Guard Facility

• Dividend Transfer Plan

• None of the above

Once a Folio Guard Facility request has been submitted, "specific transaction requests" will be rejected from the AMC till...

• The investor links PAN with Aadhar

• The investor gives a request for unfreezing/unblocking of folios is submitted by the investor

• The investor starts doing transactions online

Who is eligible to avail the Folio Guard Facility?

• All types of investors with active folios

• Individual Investors only

• Non-Individual Investors only.

• MFDs only