Equity Oriented fund

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..... has been set up under a scheme of a Mutual Fund specified under clause (23D): Provided that the percentage of equity share holding of the fund shall be computed with reference to the annual average of the monthly averages of the opening and closing figures; Explanation.(a) - For the purposes of section 112A of the Income tax Act 1961 ,- equity oriented fund means- a fund set up under a scheme of a .....

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..... in the equity shares of domestic companies listed on a recognised stock exchange: Provided that the percentage of equity shareholding or unit held in respect of the fund, as the case may be, shall be computed with reference to the annual average of the monthly averages of the opening and closing figures; Provided further that in case of a scheme of an insurance company comprising unit linked insur .....

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