I have bought a debt Mutual fund in 2022 July (Edelweiss Bharat FoF). and sold it in March 2025 with a gain of INR 4 lakhs. What is the tax treatment on this?
Since this was bought before 1Apr 2023, and you held it for more than 2 years, it would qualify as LTCG to be taxed at 12.5%