Know how a Rs 10,000 monthly SIP can turn into Rs 1.51 crore in 20 years with the 10X20X15 formula. Here are the calculations ...
Any profit will be clubbed with your income and taxed at your effective tax rate.
You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 12.5% ...