Mutual Fund Tax Calculator
Calculate STCG & LTCG on your mutual fund redemptions (FY 2024-25 rules)
Current Tax Rules (2024-25)
Equity Funds
STCG (<1yr): 20%
LTCG (>1yr): 12.5% above ₹1.25L
Debt Funds
All gains taxed at slab rate
(No indexation benefit post April 2023)
Hybrid Funds
>65% equity: Equity tax rules
<65% equity: Debt tax rules
Your Holdings
Holding 1
Holding 2
Holding 3
Total Invested
₹1,31,500
Current Value
₹1,50,000
Total Gain
₹18,500
Total Tax
₹1,000
Effective rate: 5.4%
STCG
₹3,500
LTCG
₹15,000
LTCG Exemption Used
₹1,16,667
of ₹1,25,000 limit
Per-Holding Breakdown
| Fund | Invested | Value | Gain | Days | Type | Rate | Exempt | Tax |
|---|---|---|---|---|---|---|---|---|
| HDFC Top 100 Fund - Direct | ₹78,000 | ₹92,000 | ₹14,000 | 979 | LTCG | 12.5% | ₹1,16,667 | ₹0 |
| ICICI Pru Bluechip Fund - Direct | ₹42,500 | ₹46,000 | ₹3,500 | 201 | STCG | 20.0% | — | ₹700 |
| SBI Magnum Gilt Fund - Direct | ₹11,000 | ₹12,000 | ₹1,000 | 770 | LTCG | 30.0% | — | ₹300 |
Tax Saving Tips
- ✓ Book equity LTCG up to ₹1,25,000 each financial year to use the exemption limit
- ✓ Wait for holdings to complete 1 year before redeeming equity funds to get lower LTCG rate
- ✓ Consider tax-loss harvesting — sell losing investments to offset gains
- ✓ Invest in ELSS funds for Section 80C deduction (up to ₹1,50,000)
This calculator provides estimates based on current Indian tax rules (FY 2024-25). Actual tax may vary based on your income slab, surcharge, and cess. Consult a qualified tax advisor for personalized advice.