15 July 2019
Sir, For calculating taxation on mutual fund ,indexation required to do or not. Sir, For identifying short term /long-term capital gain on mutual fund.Sir we have to consider 36 months or 12 months . Plz advise .
15 July 2019
The holding period of mutual fund units can be short-term or long-term. In case of equity mutual funds and balanced mutual funds, a holding period of 12 months or more is regarded as long-term. . A holding period of 36 months or more is regarded as long-term for debt funds. Period of holding less than mentioned would be short-term.
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