Mutual Fund Capital Gains Tax Calculator
How much tax will you owe when you redeem your mutual funds? Enter your purchase and sale amounts to calculate LTCG or STCG tax — with grandfathering for pre-2018 equity investments and the latest Budget 2024 rates.
Tax payable
₹21,875
Equity MF (≥65% equity)
Equity Mutual Fund • held for 1 year 2 months • Long-term capital gain of ₹3,00,000
Tax payable
₹21,875
Post-Tax Proceeds
₹7.8L
Net Gain
+₹2.8L
Effective Tax Rate
7.29%
Redemption Breakdown
Tax Calculation
Surcharge and 4% health & education cess not included. Actual tax may be slightly higher.
Tax-efficient exit
Equity LTCG is the most tax-efficient category at 12.5% with ₹1.25L annual exemption. Your effective tax rate is 7.3%.
Tax Rules Quick Reference
| Fund Type | STCG Rate | LTCG Rate | LT Threshold | Exemption |
|---|---|---|---|---|
| Equity MF | 20% | 12.5% | >12 mo | ₹1.25L |
| Debt (post-Apr '23) | Slab rate (always) | N/A | None | |
| Debt (pre-Apr '23) | Slab rate | 12.5% | >24 mo | None |
| Hybrid/Intl/Gold | Slab rate | 12.5% | >24 mo | None |
Per Finance Act 2024, effective 23 July 2024. Surcharge & cess additional. Equity grandfathering applies to units bought before 31 Jan 2018.
Disclaimer: This calculator provides an estimate based on Finance Act 2024 rates. It does not include surcharge (10-37% for high incomes) or 4% health & education cess. Equity LTCG exemption of ₹1.25L is per financial year across all equity transactions. Capital losses can be set off against gains — consult a CA for your complete tax picture.