Do STP (Systematic Transafer Plan) attract STCG/ LTCG?

Jeevan (Others) (51 Points)

01 August 2023  

Hi,

I invest in mutual funds via the STP route. I do not prefer the SIP route.

For this I regularly switch funds from a Liquid fund to a Equity (or Thematic) fund - in the same mutual fund house.

I do not redeem anything into my bank account.

Would this attract STCG/ LTCG?

thanks

Jeevan