Equity funds are exempt from long term capital gain tax when investments are held for at least ………… months from the date of acquisition.

Related MCQs

• Returns from non-equity funds are treated as long term capital gains if investments are held for more than ……………….
• What would be the tax consequence of owning a mutual fund that made distributions of 600 resulting from short-term capital gains and $800 resulting from long-term capital gain rate?
• All dividends in Equity & Equity Oriented Funds will be taxed at _____ from 2018.
• Graham’s strategy recommends ________% holding in debt funds and 50% holding in equity funds.
• Investments are accounted for on _______ date.
• Index funds offer tax advantages because they ______ In much trading and, therefore, _______ capital gains.
• Which of the following is not a reason why Index funds typically incur lower expenses than other mutual funds?
• ______ funds are mutual funds that attempt to mirror the movements of the existing board market indicators.
• Index funds incur _______ expenses and are ______ managed compared to other funds.
• ________ funds tends to have lower expense than other type of mutual funds.