STCG is acronym for Short-Term Capital Gains. In India, Returns from equity funds sold with in one year of purchase will be treated as Short-Term Capital Gains (STCG). The returns on such equity funds will be taxed at 15%. For more details how mutual fund returns are subject to STCG read this article about Tax on Mutual Fund Returns

Tax on Mutual Fund Returns

Many mutual fund investors have questions about how the income obtained from Mutual Funds are taxed. Well, the fact is the taxation varies for various mutual fund schemes. This article targets the budding investors and tries to explain the tax rates applicable on fund returns for equity and debt mutual fund schemes in simple terms.