Mutual Fund

Are all types of mutual funds eligible for tax exemption?

The mutual funds which are tax exempted are Long-Term Equity Fund (LTF) and Retirement Mutual Fund (RMF). Both mutual funds are suitable for investors with personal incomes which could be invested for tax benefits (The personal incomes in this case means “assessable income”, excluding corporates, non-juristic persons and unallocated estates).


Page 1 of 1