STCG vs LTCG mismatch in reports (Motilal Oswal Nasdaq 100 FoF).


This query is : Resolved 

Quick Summary
An investor experienced a mismatch in capital gains reporting for their Motilal Oswal Nasdaq 100 Fund of Fund. While Kfintech reported the initial investment as Short-Term Capital Gains (STCG) due to a sale within three years, Groww reported all gains as Long-Term Capital Gains (LTCG). The advice given is to trust the Kfintech report for the STCG portion and declare the second investment as LTCG in the Income Tax Return (ITR) without needing to correct the Groww report.

25 August 2025 I invested in the Motilal Oswal Nasdaq 100 Fund of Fund - Direct Plan on 17/11/2021 and 28/05/2021, and sold all units on 10/06/2024. However, the Kfintech report shows the first investment as Short-Term Capital Gains (STCG), whereas the Groww report shows all as Long-Term Capital Gains (LTCG). How should I file my ITR for this?

25 August 2025 As such Kfintech report is correct as you sold before 3 years resulting it as short term.

25 August 2025 Okay, in this case simply should I file my ITR as STCG, or is there a reporting requirement to correct the Groww report?

25 August 2025 No need to correct Groww reporting. Just declare your First gain under STCG; while second under LTCG.

21 September 2025 Good luck....


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 26 August 2026
Article Assistant

ANIVESH CONSULTANTS LLP

Gurgaon

CA Inter

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
19 August 2026
Chartered Accountant - Financial Consolidation & Reporting

Synergy Keystone

Mumbai

CA

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details
Company
28 August 2026
Assistant Manager

NRS AND ASSOCIATES

Kozhikode

CA Inter

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
18 August 2026
Audit Assistant - Remote / Work From Home

CA ANOOP P K & ASSOCIATES

Kozhikode

CA Inter

View Details