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Options
- A
Purchase transactions of debt mutual funds
- B
Purchase transactions of equity mutual funds
- C
Redemption transactions of debt mutual funds
-
Redemption transactions of equity mutual funds
Correct answer
Why this is the answer
STT is not applicable to transactions in debt securities or debt mutual fund schemes. STT is also not applicable on the purchase of units of an equity scheme. STT is applicable on the sale/redemption of equity mutual funds.
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