• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

Mutual Fund Tax Harves

Rdspam

TF Premier
does day of redemption order of the units count for tax harvesting? Or the day of realisation of funds in the bank account?

Supposing I redeem on 29 March before 3pm but receive funds only on 2 April or something. Does it count for this FY or next FY?
 
Last edited:

Zacobite

TF Ace
VIP Lounge
does day of redemption order of the units count for tax harvesting? Or the day of realisation of funds in the bank account?

Supposing I redeem on 29 March before 3pm but receive funds only on 2 April or something. Does it count for this FY or next FY?
redemption date of actual units.. not funds.. so nav date
 

timva

TF Premier
VIP Lounge
I had invested 5 lakhs lumpsum in a hybrid fund a little more than a year ago. Today, I redeemed all units and the amount was around 6.18 lakhs. Could someone let me know how much tax will I be liable to pay?
 
Top