Will switching from dividend to growth option in a mutual fund count as redemption for tax? Will the ELSS scheme still qualify for Section 80C benefits?

ELSS allows up to Rs 1.5 lakh tax deduction under Section 80C of the Income Tax Act, with a three-year lock-in. Switching ...
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Loan Against Mutual Funds: A Smarter Alternative to Redemption in Financial Emergencies

New Delhi [India], May 19: In moments of financial urgency, many investors instinctively turn to their mutual fund investments for immediate liquidity. While redeeming fund units might provide a quick ...