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Most hybrid fund categories mentioned above are treated as equity funds for taxation. This means if the units are held for less than a year, the investor pays a short-term capital gains tax of 15%, while if held for more than a year, investors pay a long-term capital gains tax of 10% only.
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News and Media
For HUL, its ice cream segment with brands such as Kwality Walls, Cornetto and Magnum contributes around 3% to its total revenues - translating to nearly 1,800 crore in FY24. It is a high-growth business earning mid to high single-digit profitability.
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News and Media
A look at some of the latest stock recommendations by analysts. These stocks are expected to return between 22% and 56% as per analysts price targets.
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News and Media
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