{"id":1959,"date":"2024-04-25T10:39:56","date_gmt":"2024-04-25T10:39:56","guid":{"rendered":"https:\/\/jamawealth.com\/askguru\/?p=1959"},"modified":"2026-03-02T19:22:01","modified_gmt":"2026-03-02T19:22:01","slug":"is-sbi-blue-chip-mutual-fund-capital-tax-free","status":"publish","type":"post","link":"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/25\/is-sbi-blue-chip-mutual-fund-capital-tax-free\/","title":{"rendered":"Is SBI blue chip mutual fund capital tax free?"},"content":{"rendered":"\n<p>If you make gains in any mutual fund or stock, then you are liable to pay <a href=\"https:\/\/maxiomwealth.com\/resources\/calculators\/capital-gains-tax\">capital gains tax<\/a>.<\/p>\n\n\n\n<p>For investments over 1 year, these are considered Long Term Capital Gains. However if your gains are below one lakh, then you are indeed \u2018capital tax free\u2019.<\/p>\n\n\n\n<p>If you sell before one year, then any gains you make come under Short Term Capital Gains.<\/p>\n\n\n<!-- mw-cta-block -->\n\n<div class=\"mw-cta-block\" style=\"background:#EEF3FC;border-left:5px solid #1C52A0;padding:22px 26px 20px;margin:36px 0 24px;border-radius:0 10px 10px 0;\">\n  <p style=\"margin:0 0 4px;font-size:11px;font-weight:700;color:#276FC4;letter-spacing:1px;text-transform:uppercase;\">Maxiom Wealth \u2014 Free Tool<\/p>\n  <h3 style=\"margin:0 0 10px;font-size:19px;font-weight:700;color:#113E81;line-height:1.3;\">How Much Tax Will You Save \u2014 or Pay \u2014 This Year?<\/h3>\n  <p style=\"margin:0 0 18px;color:#444;font-size:15px;line-height:1.65;\">Capital gains tax on equity, HRA exemptions, 80C deductions \u2014 it all adds up. Use our tax calculators to plan smarter before the financial year ends.<\/p>\n  <a href=\"https:\/\/maxiomwealth.com\/resources\/calculators\/capital-gains-tax\" style=\"display:inline-block;background:#1C52A0;color:#fff!important;padding:11px 22px;border-radius:6px;text-decoration:none;font-weight:600;font-size:14px;margin:0 10px 8px 0;\">Capital Gains Tax Calculator \u2192<\/a>\n  <a href=\"https:\/\/maxiomwealth.com\/meeting\" style=\"display:inline-block;border:2px solid #1C52A0;color:#1C52A0!important;padding:9px 22px;border-radius:6px;text-decoration:none;font-weight:600;font-size:14px;margin-bottom:8px;\">Talk to a Financial Advisor<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>If you make gains in any mutual fund or stock, then you are liable to pay capital gains tax. For investments over 1 year, these are considered Long Term Capital Gains. However if your gains are below one lakh, then you are indeed \u2018capital tax free\u2019. If you sell before one year, then any gains&hellip;&nbsp;<a href=\"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/25\/is-sbi-blue-chip-mutual-fund-capital-tax-free\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">Is SBI blue chip mutual fund capital tax free?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,96],"tags":[],"class_list":["post-1959","post","type-post","status-publish","format-standard","hentry","category-mutual-funds","category-tax-saving-mutual-funds"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=1959"}],"version-history":[{"count":1,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1959\/revisions"}],"predecessor-version":[{"id":3253,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1959\/revisions\/3253"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=1959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=1959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=1959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}