Capital gains tax differs from asset to asset at present; equity-oriented schemes qualify for LTCG taxation after 12 months, while debt funds require 36 months.
C R Chandrasekar, Founder and CEO, DhanLAP takes us through the concept of loan against mutual funds, its suitability for your clients and opportunities for MFDs.
Corporate RIAs are allowed to offer both the services – fee based advisory and commission to clients; however, they will have to appoint different employees to offer different services.