Capital gain on switch out
This query is : Resolved
04 June 2016
Dear experts, Will there be attraction of capital gain tax in case of switch out with regards to mutual fund?
04 June 2016
In case of Switch In Switch Out Transaction, Capital Gains will arise based upon the time you hold the mutual funds.
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.
04 June 2016
Thank u so much.
04 June 2016
Thank u so much. 👍
16 October 2021
After all in switch out there is "TRANSFER" of old scheme !!
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