Thursday, March 26, 2026

From Rs 15 lakh corpus in MF, how much tax free SWP I can have?

I am a retiree with a corpus of Rs 15 lakh in a mutual fund, earmarked for my daughter in Class 10. If I start a Systematic Withdrawal Plan (SWP), will the withdrawals be taxable? How much can I redeem without attracting tax?

from Tax-Wealth-Economic Times https://ift.tt/ZnjUxym

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