MF SIF
MF SIF
You generally pay capital-gains tax on the profit when you redeem or sell SIF units, not on the full amount invested.
For a qualifying equity-oriented scheme, eligible short-term gains are generally taxed at 20%, and long-term gains (over 12 months) at 12.5% on aggregate eligible annual gains above ₹1.25 lakh, subject to STT and other conditions.
Qualifying debt-heavy 'specified mutual funds' are taxed at your applicable income-tax rate regardless of holding period.
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