tax for gain from mutual funds?

i invested one lakh in mutual fund. tax is deducted from my salary and hence i have already paid the tax for one lakh. now the total value of fund is 1,50,000. If i withdraw this amount, do i need to pay the tax for whole 1,50,000 or for the gain (50,000) only?

3 Replies to “tax for gain from mutual funds?”

  1. Tax depends on the type of MF – equity, balanced or Debt.

    Tax on LTCGs (equity MF) – Nil
    Tax on STCGs (equity MF) @ 15%

    Tax on LTCGs (debt MF) @ 10% without indexation & @ 20% with indexation
    Tax on STCGs (debt MF) @ Personal slab rate.


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