0.5-2% because you are reedeming before 1 year. If you redeem after 1 year 0 tax will be taken. That 0.5-2% is actually exit load. Actual tax applies if your SIP "PROFIT" exceeds 1 lakh rupees. And it is 10% of your profit.
What is Fire Mutual Fund Retirement? I keep hearing the term Fire Retirment but i dont really understand it. I tried googling but it didn't satisfie...read more
I am 15 year old. I am investing from my pocket money in both mutual funds and stocks. My parents completely support me but other people say i shoul...read more
Start learning share market form basic by Zerodha Varsity App. You will automatically gain knowledge about Mutual Funds. I Suggest to watch some videos on youtube too!