Is transferring Mutual Funds and Stocks from one broker to another taxable?


Just wanted to know, if I am transferring my mutual funds and stocks from one broker to another, will it be considered a transfer or redemption? If redemption, i will be applicable for Long Term tax payments. right?

If you are transferring to your account itself - it won’t be taxable


Will be taxed accordingly

1 Like

Yeah, just transferring from one broker to another. Thanks for the quick response.

1 Like