I have invested in SBI Dual Advantage Fund XXIV Rs 50000 in October 2017 for 3 years. I do not know the scheme very well.
I want to know how much interest it will give me in 3 years and whether this is better than SBI/any other bank FD(present rate 6.9 %).
Who suggested you this plan? Why you invested? During investing, what they told you?
If I do STP from liquid fund to pure equity or balanced or diversified fund within a year, in that case short term capital gain tax will be applicable or not, please confirm
Refer my post “Mutual Fund Taxation FY 2017-18 and Capital Gain Tax Rates“.