Capital Gains on transfer of Mutual Funds from Broker to COIN Account

Hey @Kinjal_Shah,

Here’s a read on the transfer of mutual funds to COIN:

With regards to tax implications, in case you sell the mutual funds, capital gains tax will be applicable. For funds held for more than 1 year, LTCG tax will be applicable at 10% and in cases where the holding period is less than 1 year, STCG tax at 15% will be applicable.

An exemption of ₹1 lakh is applicable on long-term capital gains.
Moreover, if you reinvest the LTCG in a house property, u/s 54F you can claim an exemption. However, if you reinvest in mutual funds itself, the exemption would not be allowed.

Hope this helps!