MF Tax Calculator
Capital gains tax on mutual funds
Inputs
Result
Total gain
Treatment
LTCG exemption (₹1.25 L)
Taxable amount
Tax payable
Net amount after tax
Tax rules (effective post Budget 2024)
Equity mutual funds (≥ 65% equity)
- Short-Term Capital Gains (held < 12 months): 20%
- Long-Term Capital Gains (held ≥ 12 months): 12.5% on gains exceeding ₹1.25 lakh per financial year. First ₹1.25 lakh of LTCG is exempt.
Debt mutual funds (acquired on/after 1 April 2023)
- Gains taxed at your income tax slab rate, regardless of holding period. No indexation benefit, no concessional LTCG rate.
Disclaimer: This calculator is for illustration. Securities Transaction Tax (STT), surcharge, and cess are not included. Tax laws change — consult a qualified tax adviser for your specific situation.