Brief knowledge of mutual fund. what is entry and exit load . Taxation of equity and debt mutual fund

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Accepted Answer

Mutual funds are investment vehicles that pool money from multiple investors to invest in stocks, bonds, or other assets.

Entry load is a fee charged by mutual funds when an investor buys into the fund, while exit load is a fee charged when an investor sells their shares.
Equity mutual funds are taxed at 15% for short-term capital gains (investments held for less than a year) and 10% for long-term capital gains (investments held for more than a year).
Debt mutual funds are taxed at the investor's income tax slab rate for short-term capital gains and 20% with indexation for long-term capital gains.
Mutual funds are regulated by the Securities and Exchange Board of India (SEBI) and offer investors a diversified portfolio with professional management.

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