Thanks a lot.
Then liquid fund are not good as compare to FD and other saving scheme.

Regards
karan

@Karan
Liquid funds are not equity based and all gains for less than 3 years are taxable as per your tax slab.
10% tax is introduced for equity based mutual funds whose gains were tax exempt, if sold after one year.

I invested in liquid fund based on short term needs
hdfc liquid fund direct plan daily invested valuation 32,427 cost 32425
hdfc liquid fund direct plan growth option valuation 177339 cost 170000

birlas
ABSL Cash Plus – Growth-DIRECT valuation 92316.69 cost 90000.00
ABSL Cash Plus – Daily Dividend-DIRECT -Reinvestment valuation 328063.57 cost 328063.28

May be i will have to withdrawal this full amount in april or may month.
What is your suggestuion should continue or should withdrawal now
is there any tax 10% on this.

Regards
karan

@Karan
You don’t have to pay any income taxe on this switch if you switch before 31st March 2018 or if your fund value is less than what it was on 31st Jan 2018.

I am wants to switch from birla mutual fund to HDFC fund.
I invested in biral cost price 516506.02 and current value 665576.28 ( i didnt get much gain).
10% tax is aplicable after march or if i am doing this switch I will have to pay this new 10% tax( i invested 4 year before).
Let me know other way to do it more efficiently.

@Karan
If you don’t need that amount right now, I would advise you to stay invested; as amount may get further doubled in next 2-3 years

I invested in reliance , hdfc tax saver mutual fund logn back means 2007 and I am getting now 3x gain.What is right right time to redeem?. What is max gain can expect ?

Regards
karan

@Karan
I meant policy changes done by Govt, which are good for long term growth of India.
Next few years should be good for economy.