The tax treatment of fund transactions done through an STP is no different from any other buy and sell transaction
If I do STP from large cap equity to mid cap equity after one year of investment will there be any taxes?
- Anup Kumar Nandi
The gains from an equity mutual fund, which you have held for more than 1 year, are exempt from tax. Therefore, you will not have to pay any tax on your STP.
This article was originally published on May 29, 2017.
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