Result
Total tax payable
₹3,250
- Gross gain₹150,000
- Gain typeLTCG
- Annual exemption₹1.25L LTCG exemption under Section 112A₹125,000
- Taxable gain₹25,000
- Tax rate12.50%
- Health & Education Cess (4%)₹125
- Effective rate on gain2.17%
How to use this calculator
- Choose fund type (equity / debt / hybrid).
- Choose whether purchased before or after 1-Feb-2018 (relevant for equity grandfathering).
- Enter buy amount + sell amount + FMV on 31-Jan-2018 (if applicable).
- Enter holding period in months.
- Choose your tax slab (used for debt/STCG).
- Read total tax including cess.
About this tool
Post 23-July-2024 Union Budget rewrite of Indian capital gains rules — this is the current framework for mutual fund taxation. EQUITY MF: LTCG (>12 months) taxed at 12.5% with ₹1.25L annual exemption; STCG (<12 months) at 20%. DEBT MF: ALL gains taxed at slab rate regardless of holding (post 1-Apr-2023 rule; earlier debt got indexation benefit at 20% for LTCG). Grandfathering: for equity MF purchased before 1-Feb-2018, cost of acquisition = MAX(actual cost, FMV on 31-Jan-2018 or sale price, whichever is lower) — protects pre-2018 unrealized gains from tax. Add 4% Health & Education Cess to all computed tax.
Frequently asked
Post 23-July-2024: EQUITY MF LTCG (>12 months) = 12.5% + 4% cess (was 10% before). Annual ₹1.25L exemption under Section 112A. STCG (<12 months) = 20% + 4% cess (was 15% before). DEBT MF (post 1-Apr-2023): all gains taxed at slab rate — no LTCG benefit anymore.
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