Mutual Fund Redemption Taxation

Samrat (Student) (42 Points)

26 October 2022  

Hi 

I want to redeem 2 of my MF portfolio which was started in 2015 .Its a direct fund.Non Debt 

My question is does MF house automatically deduct LTCG from my redeemed amount ? 

Fund House 

Axis MF 

ICICI Prudential MF

Thanks