Mutual Fund Capital Gains Tax Calculator

Know your exact tax liability before you file

Mutual fund capital gains tax in India is calculated using the FIFO (First-In-First-Out) method. Equity fund units held under 12 months produce short-term capital gains (STCG); units held 12 months or longer produce long-term capital gains (LTCG), which are taxed above a ₹1.25 lakh annual exemption. Moneyantra computes both from your CAS for any financial year.

Key facts

Calculation method
FIFO (First-In-First-Out), as mandated by Indian income tax rules for mutual funds.
Equity holding period
12 months is the threshold that separates short-term (STCG) from long-term (LTCG) gains.
LTCG exemption
₹1.25 lakh per financial year on eligible equity and equity-oriented funds, applied automatically.
Debt fund indexation
Not available on gains from April 2023 onward; debt fund gains are taxed at the applicable income tax slab rate.
ITR filing export
Schedule 112A CSV, pre-formatted for direct entry into ITR-2.
Multi-PAN CAS
Transactions are attributed per PAN, with a separate Schedule 112A CSV generated for each.

What is the Capital Gains Tax Calculator?

Our tax calculator processes your entire mutual fund transaction history from your CAS file and computes capital gains as per current Indian tax rules - for both STCG and LTCG, with ₹1.25 lakh exemption. No spreadsheets needed.

  • Automatic FIFO matching for all redemptions across every fund and folio
  • Separate STCG and LTCG computation with applicable tax rates
  • Financial year-wise reporting for easy ITR filing
  • Full support for joint and multi-PAN CAS files, automatically separating and attributing capital gains tax liabilities to each individual PAN.
  • Download Schedule 112A CSV pre-formatted for ITR-2 filing, for each PAN in a multi-PAN CAS

How It Works

  1. Upload Your CAS — Upload your Consolidated Account Statement from CAMS or KFintech. All transactions - purchases, redemptions, switches - are automatically parsed.
  2. Select the Financial Year — Choose the financial year you want the tax report for. You can view FY 2025-26 and beyond.
  3. View STCG & LTCG — Instantly see your short-term and long-term capital gains broken down by fund and folio.
  4. Download Schedule 112A — Export a Schedule 112A CSV for each PAN, ready for pasting into your ITR-2 filing — no reformatting needed.

Key Features

FIFO Method

Capital gains are calculated using First-In-First-Out (FIFO) as mandated by Indian income tax rules for mutual funds.

₹1.25L Exemption

The ₹1.25 lakh annual LTCG exemption is automatically applied to your calculation for eligible funds

Fund-wise Breakdown

See gains broken down by fund scheme, so you know exactly which funds contributed to your tax liability.

Multi-PAN Support

Attribute tax calculations to individual PANs from a joint or multi-PAN CAS automatically.

ITR-2 Ready Export

Download Schedule 112A as a CSV pre-formatted for direct entry into your ITR-2 — covering equity and equity-oriented fund gains.

Who Benefits Most

ITR Filers

Anyone who has redeemed mutual fund units during the year and needs accurate capital gains figures for their income tax return.

Active Rebalancers

Investors who switch, redeem, or rebalance their portfolio frequently and want to track cumulative tax liability.

CA & Tax Advisors

Tax professionals who need a reliable, detailed breakdown of client mutual fund gains to prepare accurate returns.

Frequently Asked Questions

What method does the calculator use?

We use the FIFO (First-In-First-Out) method, which is the standard method mandated by Indian income tax rules for computing mutual fund capital gains.

What's the difference between STCG and LTCG?

Short-Term Capital Gains (STCG) arise from equity fund units held for less specific period (depending on the fund type), taxed as per the rules. Long-Term Capital Gains (LTCG) arise from units held for 12 months or more, taxed at specified rate as per tax rules above ₹1.25 lakh per year.

Does the ₹1.25 lakh exemption apply automatically?

Yes. The annual LTCG exemption of ₹1.25 lakh is automatically for eligible funds, accounted for in the tax computation.

Is indexation available for debt funds?

As per current Indian tax rules (post April 2023), indexation is no longer available for debt fund gains. All debt fund gains are now taxed at your applicable income tax slab rate.

Does the calculator support joint accounts or multi-PAN CAS?

Yes, our tax calculator fully supports Consolidated Account Statements (CAS) with multiple PANs. It automatically identifies transactions corresponding to different PANs and allows you to view and attribute tax liabilities to each individual PAN separately.

Can I download the data for ITR-2 filing?

Yes. After calculating your tax, you can download a Schedule 112A CSV file pre-formatted for ITR-2. For multi-PAN CAS files, a separate CSV is generated for each PAN.