Baroda Equity Linked Saving Scheme 96 - IDCW
Investment Objective
To provide the investor long term capital growth as also tax benefit under section 80C of the income Tax Act, 1961
Fund Mandate
Bank of India Midcap Tax Fund - Series 1 - Growth - Direct Plan and 4 more peers in this category.
Build comparisonThis fund doesn't have enough return history yet to project an investment.
Risk metrics are not available for this fund.
This is an equity-oriented fund. Under rules effective since Budget 2024 (23 July 2024):
Short-Term Capital Gains (held ≤ 12 months): taxed at a flat 20%.
Long-Term Capital Gains (held > 12 months): taxed at 12.5% on gains above ₹1.25 lakh in a financial year, with no indexation benefit.
General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.