Taxation of multi-asset MF and ITR reporting
Asset Allocation Condition Domestic equity exposure is 65% or more of total investments u/s 112A Domestic equity exposure is less than 65% and the fund
Asset Allocation Condition Domestic equity exposure is 65% or more of total investments u/s 112A Domestic equity exposure is less than 65% and the fund is not covered by Section 50AA and 112A More than 65% of total proceeds are invested in debt and money market instruments (or qualifying FoFs) u/s 50AA
The BriefWire