Holding Period

Less than One Year

1 to 3 Years

More than 3 Years

Types of Funds

Equity & Hybrid Mutual Funs

15% Tax plus surcharge as applicable

10% tax if gains>Rs. 1 Lakh plus surcharge as applicable

10% tax applicable if gains are more than 1 Lakh plus surcharge as applicable

Debt Mutual Fund

Taxed as per Income Tax Slab plus surcharge as applicable

Taxed as per Income Tax Slab plus surcharge as applicable

20% Tax plus surcharge as applicable tax applicable with indexation benefits