What are the income tax rebates are provided by the laws to mutual funds?

i wants to know what are the rules for getting income tax rebates if someone investing in mutualfunds.

Firstly u get deduction from your income on the amount invested in Mutual Funds u/s 80 C
Secondly if you sell your mutual fund units after a year of its purchase and thru a recognised Stock Exchange then Capital Gain on its sale will free
Also dividends, if any, given by the mutual fund are fully tax free

For more tax free investment options contact me at coolapurav@yahoo.com

you could get tax rebate under section 80 c for elss funds only.

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