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Capital gain on switch out

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(Querist)
04 June 2016 Dear experts, Will there be attraction of capital gain tax in case of switch out with regards to mutual fund?
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CA Pracheta Shirish Deshmukh

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CA Pracheta Shirish Deshmukh (Expert)
04 June 2016 In case of Switch In Switch Out Transaction, Capital Gains will arise based upon the time you hold the mutual funds.
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K Srinivas, CMA CS

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K Srinivas, CMA CS (Expert)
04 June 2016 Capital gains is attracted when there's a switch between funds. As Pratcheta ji said, the capital gains will be classified as short term or long term based on the duration invested.
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CA Ankith Jain

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CA Ankith Jain (Querist)
04 June 2016 Thank u so much.
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CA Ankith Jain

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CA Ankith Jain (Querist)
04 June 2016 Thank u so much. 👍
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
16 October 2021 After all in switch out there is "TRANSFER" of old scheme !!
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