“L” (MUTUAL FUND TERMS STARTING WITH )

KEY MUTUAL FUND TERMS

Long-Term Capital Gains (LTCG)

Long-Term Capital Gains (LTCG) tax is a levy on the profit from selling an asset held for a specific holding period (typically >12 months for equities and >36 months for most other assets). In India, listed equity gains up to Rs 1.25 lakh/year are tax-free; any excess is taxed at a flat 12.5% without indexation(Read More )

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