Tax advise needed

Tax advise needed

Deal Newbie

Hi Dimers,

I invested in three corporate bonds funds of 1 L each in August of 2016. The three year completion is first week of August. So far, it has yielded net avg return of 6.75 %.

I would like to exit it. Can you please tell me how should I report this income and what is my tax liability when I file my returns next year.

CDOGR / Credit Risk Debt Fund -Reg -Growth (formerly HDFC Corporate Debt Opportunities Fund, erstwhile HDFC Regular Savings Fund merged)

080B / SBI Credit Risk Fund Reg Growth (formerly SBI Corporate Bond Fund)

303G / ABSL Medium Term Plan – Growth

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