GETAKA / WITHDRAWAL PLANNING
Mutual Fund Redemption Calculator
Know what you can spend. See which SIP units you would sell, the tax to set aside, and how much stays invested.
Before you start: use one equity-oriented growth scheme and one folio, with unlocked units bought from February 2018 onwards. This is a resident-individual estimate before surcharge, unused basic exemption and personal tax reliefs. Debt, international, ELSS lock-ins and NRI withholding need different treatment.
YOUR REDEMPTION ESTIMATE
Cash left after setting aside tax
- Gross value of units redeemed
- Exit load + estimated STT
- Estimated bank credit
- Tax to set aside, including cess
For resident investors, capital-gains tax is generally paid separately. Bank credit and spendable cash are different. This estimate is not a tax return or a redemption instruction.
What a larger withdrawal changes
Gross value and cash after tax on the same scale, using your NAV and lots. Each point is an alternative single redemption.
FOLLOW THE NUMBERS
Which units are redeemed?
Gain = gross value − exit load − acquisition cost. STT reduces cash received, but is not deducted when calculating capital gains. Amounts below are rounded for display.
| Purchased | Units sold | Cost (₹) | Gross (₹) | Exit load (₹) | Gain / loss (₹) | Tax class |
|---|
How to calculate tax on a SIP redemption
A SIP creates a new purchase lot every instalment. Even after investing for several years, recent units can still have short-term gains. This calculator uses your outstanding lots, rather than assuming every rupee has the same purchase date or return.
- Copy the allotment date, remaining units and cost per unit from your fund statement. Remove units already sold.
- Enter the NAV you want to test, your planned redemption date and the scheme’s exit-load rule.
- Choose a gross withdrawal, all units, or the amount you need after reserving tax.
- Check the lot breakdown and reconcile the estimate with your AMC’s capital-gains statement before acting. The actual applicable NAV and rounding may differ.
A worked example: ₹1.5 lakh is not all spendable
Assume 1,000 units bought at ₹100 are redeemed at ₹150 after more than 12 months, with no exit load. Gross value is ₹1,50,000 and long-term gain is ₹50,000. If only ₹25,000 of your annual exemption remains, the taxable gain is ₹25,000.
Tax is ₹3,125 plus ₹125 cess = ₹3,250. Estimated STT is ₹1.50. Bank credit is about ₹1,49,998.50; cash after reserving tax is about ₹1,46,748.50. This illustration assumes no surcharge, other losses or personal reliefs.
Method and limits
Lots are sorted by purchase date. A partial redemption consumes older units before newer ones. This model classifies a lot as long-term after its 12-month anniversary; on the anniversary it remains short-term. A simple exit load applies through the specified month anniversary. Check boundary dates and non-working-day processing with your AMC.
Short-term gains are taxed at 20%. Long-term gains above the entered unused annual exemption are taxed at 12.5%. Both include 4% cess. Losses within this redemption are netted within each category; an excess short-term loss can reduce long-term gains. Long-term losses do not reduce short-term gains. STT is estimated at 0.001% of the repurchase amount after exit load, before STT.
The cash-goal mode solves for the number of units needed at the supplied NAV. It does not forecast NAV, execute a trade or recommend selling. Personal basic-exemption adjustments, surcharge and marginal relief, other current-year or brought-forward losses, tax treaties, grandfathering, scheme mergers, segregated portfolios and specialised exit-load rules are excluded. Estimates can differ from your final liability; use a tax professional for those cases. Supported redemption dates: 23 July 2024–31 March 2027.
Common redemption questions
Is tax charged on the full withdrawal?
No. Capital-gains tax is based on the gain in the units redeemed, subject to applicable exemptions and loss adjustments. The purchase cost is not itself a capital gain.
Does stopping a SIP redeem my existing units?
No. Stopping future instalments and selling existing units are separate actions. This tool estimates a sale of units you already hold.
Does every mutual fund get a separate ₹1.25 lakh exemption?
No. The annual exemption is shared across your eligible equity long-term capital gains. Enter what remains for the financial year of this redemption, not a fresh exemption for each fund.
Can I use the average purchase NAV?
For one original lump-sum purchase, one row is sufficient. For SIPs, an average cost can hide different holding periods and the cost of the oldest units. Use separate outstanding purchase lots for a partial redemption.
Can I paste my complete transaction statement?
Paste only the three supported columns for outstanding purchases in one folio and one scheme. This tool does not process redemptions, switches or account statements automatically. Keep names, PAN, folio identifiers and other personal details out of the pasted data.
Sources and review
Prepared by Getaka. Rules and calculations checked on 27 September 2026. Scheme documents and your full tax position take precedence over this planning estimate.