Mutual Fund Tax Calculator
Calculate LTCG and STCG tax on your mutual fund gains as per Finance Act 2024. Covers equity and debt funds with post-tax return estimates.
Fund Type
Held 12 months or more: Long-Term Capital Gains (LTCG) applies.
Total Capital Gains
₹2.50 L
Long-term
Tax Payable
₹15,625
Net Gains After Tax
₹2.34 L
Post-tax return 46.9%
How this tax is calculated
Of your ₹2,50,000 long-term gain, the first ₹1,25,000 is tax-free. Tax of 12.5% applies only to the remaining ₹1,25,000.
Tax rules as in effect from 23 July 2024 (Finance Act 2024), applicable for FY 2025-26. Equity STCG: 20%. Equity LTCG: 12.5% on gains above the Rs 1,25,000 annual exemption. Debt MF gains taxed at your income slab rate (post April 2023). The Rs 1,25,000 exemption is a per-financial-year limit across all your equity LTCG. Surcharge and cess are not included. Consult a tax adviser before filing.
What is the mutual fund tax calculator?
This calculator computes capital gains tax on mutual fund gains as per Finance Act 2024 (effective 23 July 2024). It handles both equity and debt mutual funds and shows LTCG, STCG, total tax payable and your post-tax return. For equity funds: gains held over 12 months attract 12.5% LTCG on amounts above the ₹1.25 lakh annual exemption. Gains held under 12 months attract 20% STCG. For debt funds bought after April 2023, all gains are taxed at slab regardless of holding period.
How to use the Mutual Fund Tax Calculator
- Choose fund type. Equity (65%+ in Indian equities) or Debt.
- Enter purchase value and date. What you invested and when.
- Enter current/sale value and date. The redemption value and the date.
- Read LTCG vs STCG breakdown. Calculator categorises the gain and applies the right rate.
- See post-tax return. Your true return after tax and the ₹1.25 lakh exemption (equity).
Formula and method
Finance Act 2024 simplified LTCG to 12.5% across asset classes (effective 23 July 2024) and raised the equity exemption to ₹1.25 lakh per financial year. Debt funds purchased after April 2023 lost the LTCG benefit and are now taxed at slab regardless of holding period.
When to run this calculator
- Before redeeming. Avoid a tax surprise at year-end.
- Plan harvesting. Realise up to ₹1.25 lakh of equity LTCG every year tax-free.
- Choose between equity and debt fund types. Tax now sharply favours equity for long-tenure investors.
- Plan SWP withdrawals. Stagger redemptions across financial years to use the exemption twice.
- Compare pre and post-tax returns. The headline NAV gain is not what you keep.