Taxation of Mutual Funds in one chart
Holding Period | Less than One Year | 1 to 3 Years | More than 3 Years |
Types of Funds | |||
Equity & Hybrid Mutual Funs |
15% Tax plus surcharge as applicable | 10% tax if gains>Rs. 1 Lakh plus surcharge as applicable | 10% tax applicable if gains are more than 1 Lakh plus surcharge as applicable |
Debt Mutual Fund | Taxed as per Income Tax Slab plus surcharge as applicable | Taxed as per Income Tax Slab plus surcharge as applicable | 20% Tax plus surcharge as applicable tax applicable with indexation benefits |