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Stamp duty on mutual funds from today; here's how it will impact investors

Updated : July 01, 2020 05:10 PM IST

A stamp duty of 0.005 percent will be levied on issuance of units and 0.015 percent on transfer of mutual fund units, according to JM Financials.
Stamp duty is applicable at the instance of investment i.e. buying of units.
Stamp duty on mutual funds from today; here's how it will impact investors

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