NISM 5B Mutual Fund Foundation Certification Exam Notes

Page 85 Of 121

Go to:

  • Risk Management: Combines diversification and active monitoring.
  • Mutual Fund Taxation: No tax on income earned by mutual fund schemes.
  • Capital Gains: Taxed based on holding period and scheme type.
  • Short-Term Capital Gains (STCG): Gains from assets held less than 12 or 24 months.
  • Long-Term Capital Gains (LTCG): Gains from assets held beyond 12 or 24 months.

NISM 5B Mutual Fund Foundation

MODELEXAM MODELEXAM®