• Concept Clarifier: Equity Savings Funds
  • HOW ARE MUTUAL FUNDS TAXED

Equity Savings funds are a type of open ended mutual funds that invest the total fund amount between equity funds, debt funds and arbitrage. This mutual fund category under the Hybrid Mutual Funds was specified by SEBI in 2017. Accordingly, this category of fund should invest a minimum of 65% of assets in equity including arbitrage positions, and a minimum of 10% in debt securities. As per SEBI regulations, the fund can invest in equity and equity related instruments, debt securities, and arbitrage opportunities using hedging strategies.

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Disclaimer – This information is for general information only and does not have regard to the particular needs of any specific person who may receive this information. L&T Investment Management Limited, the asset management company of L&T Mutual Fund or any of its associates; does not guarantee/indicate any returns/and shall not be held liable for any loss, expenses, charges incurred by the recipient. The recipient should consult their legal, tax and financial advisors before investing. The recipient of this information should understand that statements made herein regarding future prospects may not be realized or achieved.

 

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.