How are Smartfolios investments taxed?
Smartfolios investments are taxed as you would be for transactions in stocks:
| Gain Type | Time Period | Tax (%) |
|---|---|---|
| Short-Term Capital Gains (STCG) | Gains on stocks sold within 12 months of purchase | 20% |
| Long-Term Capital Gains (LTCG) | Gains exceeding Rs. 1.25 lakh on stocks sold after 12 months of purchase | 12.5% |
Dividends are taxed based on your individual tax bracket
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