Mutual Fund LTCG & STCG Tax Calculator (India)
Estimate Short-Term and Long-Term Capital Gains tax across Equity, Debt (Sec 50AA), Gold/Silver ETFs, and Hybrid mutual funds under Finance Act 2024 rules. Benchmarked against India’s published RBI Repo Rate (5.5%) and MoSPI Headline CPI Inflation (5.54%).
Sample Equity Mutual Fund LTCG Tax Breakdown (Finance Act 2024)
Purchase: ₹5,00,000 | Redemption after 36 Months: ₹9,50,000 | Total Gain: ₹4,50,000 | Sec 112A Exemption: ₹1,25,000 | Total LTCG Tax (12.5% + 4% Cess): ₹42,250 | Net Post-Tax Proceeds: ₹9,07,750.
Frequently Asked Questions
What are the current equity mutual fund capital gains tax rates in India?
Under Finance Act (No. 2) 2024, equity-oriented mutual funds (≥65% domestic equity) attract 20% STCG if held up to 12 months, and 12.5% LTCG on aggregate annual gains exceeding ₹1.25 lakh if held over 12 months, plus 4% cess.
How are debt mutual funds purchased on or after April 1, 2023 taxed?
Under Section 50AA, specified mutual funds investing less than 35% in domestic equities (such as liquid, money market, and debt schemes) are taxed at the investor’s applicable income tax slab rate regardless of holding period.
How are Gold ETFs, Fund of Funds, and International schemes taxed after July 2024?
Under rationalized holding-period rules, listed ETFs qualify for 12.5% LTCG after 12 months and unlisted FoFs/international/hybrid (35%–65% equity) qualify for 12.5% LTCG after 24 months, without the ₹1.25 lakh Section 112A exemption.