FAQs
What is the minimum investment amount for equity mutual funds?
Usually, the minimum investment amount for an equity mutual fund is as low as Rs 500.
What are the liable taxes on equity funds?
Government levies various taxes on equity funds, including Security Transaction Tax (STT), LTCG tax, STCG tax, and dividend tax
How is an equity fund different from a debt fund?
A debt fund invests in fixed-income securities, whereas an equity fund invests in stocks and equity-related products.