Your equity gains this year
Count listed shares and equity mutual funds held for more than 12 months. Your broker or fund statement shows both figures.
₹
Profit on anything you have sold since 1 April.₹
Profit on holdings older than 12 months that you have not sold.
Tax-free gains you can still book in
₹0
This year's limit₹1,25,000
Used so far₹0
Future tax this removes₹0
Days left0
What it is worth over time
Across the family
How to do it
Harvesting means selling units with long-term gains and buying them back. You still own the same thing. Only your purchase price moves up, so less of your future profit is taxable.
- Pick units older than 12 monthsSell anything younger and the gain is short-term, taxed at 20%. Funds sell your oldest units first, which helps.
- Sell enough to book the gain, not the amount
- Check the exit loadMost equity funds charge nothing after a year. Confirm it for each fund before you sell.
- Buy backReinvest once the money arrives, usually within two or three working days. You are out of the market for that gap.
- Leave ELSS alone until the lock-in endsEach ELSS instalment is locked for three years.
- Do it before the last week of MarchA sale has to be dated on or before 31 March to count for this tax year. Leave room for market holidays and fund cut-off times.
Worth knowing
- Losses come firstIf you have long-term losses this year, or carried forward from earlier years, they reduce your gains before the limit applies. You may have more room than this shows.
- Small costs applySecurities transaction tax and stamp duty are charged on the sale and the repurchase. They are small, but they make harvesting very small gains pointless.
- It is not the same as tax-loss harvestingThat is selling at a loss to offset gains elsewhere. Both are allowed. They solve different problems.