Is Securities Transaction Tax (STT) applicable on selling units of mutual funds?

Securities Transaction Tax (STT) of 0.001% will be applicable when you sell units of your equity-based funds, including tax saving funds and equity-oriented hybrid funds (minimum 65% investment in stocks of Indian companies).

STT will not be applicable when you sell your units of debt funds including liquid funds, super funds, international equity funds, and hybrid funds with less than 65% investments in stocks of domestic companies.