Dividend to growth switch in mutual funds does not trigger tax exit

Dividend-to-growth switches in mutual funds do not attract redemption tax.

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Dividend to growth switch in mutual funds does not trigger tax exit

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Dividend to growth switch in mutual funds does not trigger tax exit
Dividend-to-growth switches in mutual funds do not attract redemption tax.
Switching from dividend to growth options within the same mutual fund scheme is not treated as a redemption for tax purposes. Investors retain original holding periods, and ELSS investments continue to qualify for Section 80C benefits, offering flexibility without tax penalties. Apply Now 
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