How to calculate Capital Gain on SIP Mutual Fund

This query is : Resolved

Deepak Rawat (Querist)
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13 March 2022 Dear Experts,
I have a monthly SIP for 2 Years. That is just expired. I want to understand how to calculate Capital Gain on the same as out of 24 Instalments, 13 have period more than 1 year and rest have period less that or equal to 1 year.
Should I have to calculate NAV difference of each buy NAV with last NAV (Redeem NAV) and multiply with monthly alloted NAV and then distibute the same into long term or short tem.
Please guide and is there any short way to calculate the same ?

CA Anita Bhadra

CA Anita Bhadra (Expert)
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13 March 2022 For 13 Units purchased and held for more than 1 year , Long Term Capital Gain is applicable and for the rest , you need to pay tax @ 15% under the heading Short Term Capital Gain ( Further , the period of holding for STCG / LTCG depends on fact that SIP was towards Equity Fund / Debt Funds .)