NISM 5B Mutual Fund Foundation Certification Exam Notes

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  • Capital Gains Classification: Determines tax rates based on holding period.
  • Equity Fund Taxation: STCG at 15%, LTCG above Rs. 1 lakh at 10%.
  • Non-Equity Fund Taxation: STCG at slab rate, LTCG at 20% with indexation.
  • Stamp Duty Implementation: Effective from February 2019 amendments.
  • ELSS Tax Benefits: Offers deductions under Section 80C.

NISM 5B Mutual Fund Foundation

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