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How quickly can Mutual Fund units be redeemed?

Mutual funds are preferred by many investors as money comes back quickly into their bank accounts when units are redeemed. 
Let's understand how you can redeem your mutual fund units. 

What is the procedure for redemption of mutual fund units? 

If you wish to redeem units of a mutual fund scheme, you may do so on any business day. To do it physically, you need to fill in a transaction slip, which you can download from the fund house website or detach from the end of your account statement. 
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Pay TDS if you are playing Rent more than Rs.50000

Are you living in a rented accommodation and paying a high amount of rent? You are now required to deduct TDS (tax deducted at source) on it and submit the same to the Income Tax Department. As per the new provision, effective from June 1, 2017, if your monthly rental payments exceed Rs 50,000, then you are required to deduct 5% TDS on it.

Eway bill/ TDF-live in Uttar Pradesh

Finally the facility of E Way Bill and Generation of Transit Declaration Form has gone live on Uttar Pradesh Sales Tax Website.


The procedure of generation of E Way Bill/TDF is more organized and refined than before.

Tax on gains on mutual fund


The asset under management of Indian mutual fund industry touched record high of Rs 20 lakh crore in July, driven by strong inflows into both debt and equity segments. Retail investors have been pumping record amount into mutual funds through SIPs. It is estimated that investors are putting in nearly Rs 5,000 crore every month through SIPs. Systematic Investment Plan or SIP as it is commonly known, is an investment plan offered by mutual funds, wherein one could invest a fixed amount in a mutual fund scheme at fixed intervals.
Here is how much income tax you have to pay on mutual fund gains:

Mutual fund investments must now be linked to Aadhaar: Here's how to do it

Mutual fund investments must now be linked to Aadhaar: Here's how to do it

http://m.economictimes.com/wealth/invest/mutual-fund-investments-must-now-be-linked-to-aadhaar-heres-how-to-do-it/amp_articleshow/60278247.cms