I have been looking at various different types of debt funds & it thoroughly confuses me.
My tax bracket is in the 30% slab & I want to figure out what's best for me.
- Liquid Funds
- Liquid Plus Funds
- Other kinds of debt funds.
In each of these, is it better for me to go for growth option or dividend option or dividend reinvestment option?
If dividend re-investment option, is daily dividend reinvestment better or weekly or monthly or whatever?
Can anyone explain the tax repurcusions for all different options for someone in the 30% slab
- Liquid funds invested in Growth option sold within 1 year
- Liquid funds invested in Growth option sold after 1 year
- Liquid funds invested in Dividend option sold within 1 year
- Liquid funds invested in Dividend option sold after 1 year
- Non Liquid debt funds invested in Growth option sold within 1 year
- Non Liquid debt funds invested in Growth option sold after 1 year
- Non Liquid debt funds invested in Dividend option sold within 1 year
- Non Liquid debt invested in Dividend option sold after 1 year
- Any other combination.
Does the dividend option mean that the dividend will be re-invested automatically or does it mean it will be paid regularly? In either case, does the tax stuff change?
My tax bracket is in the 30% slab & I want to figure out what's best for me.
- Liquid Funds
- Liquid Plus Funds
- Other kinds of debt funds.
In each of these, is it better for me to go for growth option or dividend option or dividend reinvestment option?
If dividend re-investment option, is daily dividend reinvestment better or weekly or monthly or whatever?
Can anyone explain the tax repurcusions for all different options for someone in the 30% slab
- Liquid funds invested in Growth option sold within 1 year
- Liquid funds invested in Growth option sold after 1 year
- Liquid funds invested in Dividend option sold within 1 year
- Liquid funds invested in Dividend option sold after 1 year
- Non Liquid debt funds invested in Growth option sold within 1 year
- Non Liquid debt funds invested in Growth option sold after 1 year
- Non Liquid debt funds invested in Dividend option sold within 1 year
- Non Liquid debt invested in Dividend option sold after 1 year
- Any other combination.
Does the dividend option mean that the dividend will be re-invested automatically or does it mean it will be paid regularly? In either case, does the tax stuff change?