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Thread: Mutual fund capital gain tax

  1. #1
    Junior Member
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    Default Mutual fund capital gain tax

    Hi,

    I am planning to sell one mutual fund within 6 months as i earned 1000 Rs profit. I want to know, how much exit load and capital tax MF company deduct before giving my money back. They have 1% exit load.
    Is both deduction calculated on profit only or principal + profit.
    Also, once company deduct this short term capital tax, whether I need to show this profit into next year income tax return or no need, because company already deduct.

    Is there any online calculator which calculate exit load, capital tax and then show final amt

  2. #2
    LEARNER
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  3. #3
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    Default

    Thanks for the nice link. Site also having different calculators also

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