Sip tax treatment

All types of equity funds (funds that invest in the shares of companies), debt funds (funds that invest in fixed-return investments) and balanced funds (funds that invest in both) offer a SIP.

So, the tax treatment depends on the type of Mutual fund.

Short term capital gain on Debt funds will be included in income and taxed whereas LTCG will be 10% w/o indexation or 20% with indexation w/e less.

STCG on Equity bases Mutual funds will be 15% and LTCG will be exempt if STT is paid.