Things to Know- Direct Equity and Equity Funds
Here are the few things that you must know about direct equity and equity funds:
1. Equity mutual funds allow you to invest in equity through a portfolio created and managed to a process by a specialist. So they offer the benefit of diversification with a small investment.
2. When a mutual fund buys and sells stocks, there is no tax impact on the scheme. In direct equity investors have to incur the capital gains tax and securities transaction tax every time they sell shares.
3. In direct equity, the cost of transacting shares in a portfolio has to be borne by the investor. The option […] Read more