The redemption of the MF that we make does that attract the Taxes

Your query is not very clear. Are you asking about TDS (tax deducted at source) when redemptions are done? If that is the query, then please note the following –

When you redeem any fund, the AMC applies or not applies the TDS based on two things – 1) Status of the individual, and 2) if the gains/loss from redemptions are short term or long term, i.e. period of holding. Accordingly, following TDS rules apply –

1. Long term capital gains for equity/ equity oriented funds (units held for more than 12 months) – In case of resident individuals and NRIs, it is NIL

2. Long term capital gains for schemes other than equity/ equity oriented (units held for more than 36 months) – In case of resident individuals it is NIL. In case of NRIs, it is 23.690%

3. Short term capital gains for equity/ equity oriented funds (units held for 12 months or less) – In case of resident individuals, it is NIL. In case of NRIs, it is 17.7675%

4. Short term capital gains for schemes other than equity/ equity oriented (units held for 12 months or less) – In case of resident individuals it is NIL. In case of NRIs, it is 35.535%