Would exemption of 1.25L on LTCG apply to Gold ETFs?

I checked Differences between Gold ETF and Gold Fund of Fund (FoF) but it doesn’t make that clear. If so, under which section 112A?

Hi @BB789,

The 1.25L exemption is only allowed on listed equity and equity-oriented MFs. In case of both Gold ETFs and Gold FOFs, this exemption will not be allowed.

Thanks.