Capital gain

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please clarify when it is called as LTCG and STCG of Mutual fund and shares
Replies (4)
Sr. No. Type of Security   Short Term Capital Asset Long Term Capital Asset
1 Unlisted Shares Holding Period 24 months or less More than 24 months
2 Listed Shares Holding Period 12 months or less More than 12 months
3 Equity oriented Mutual Fund Holding Period 12 months or less More than 12 months
4 Other Mutual Fund Holding Period 36 months or less More than 36 months
..Matual fund :

1. Listed equity funds and equity-oriented hybrid funds, if hold more than 1 year than LTCG

2. Unlisted equity funds, Debt funds and debt-oriented balanced funds and any other fund, if hold more than 3 year than LTCG

..Shares :

1. Listed share, if hold more than 1 year than LTCG

2. Unlisted share, if hold more than 2 year than LTCG

if hold for less than as mentioned above in all case than STCG
You can go with my article https://taxhub05.blogspot.com/2020/07/when-capital-assets-will-consider-as.H T M L
Thank you all


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