NISM 5B Mutual Fund Foundation Certification Exam Notes

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  • Capital Gains Timing: Taxed upon redemption or switch of units.
  • Dividend Tax Change: Shifted to investor’s hands post-2020.
  • STT Rates: Specified for equity fund redemptions and switches.
  • Stamp Duty Collection: Levied at issuance and transfer of units.
  • ELSS Popularity: Driven by tax benefits and equity exposure.

NISM 5B Mutual Fund Foundation

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