Sip in Mutual Fund - how to calculate LT gains Chandresh, 09 Aug 2013

Sir, i have invested Rs.3000 monthly sip in Reliance MF for 5 yrs. so i have total investment rs.180000 now i have sold total units of reliance mf and my surplus is 20000 - how to calculate L.T. gains

Fintotal Answer

The long term capital gains tax on the sale of equity mutual fund units is zero. You can refer article Taxation on equity mutual funds

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