Holding period statement in mutual funds

A holding period statement is a mutual fund investor report that lists each lot of units (typically per-SIP-instalment or per-purchase) along with the holding period (months/years held). The statement enables FIFO-based tax computation per SIP tax FIFO and verifies LTCG vs STCG qualification for each lot.

For Indian retail investors using mutual funds for long-term goals, the holding period statement is particularly useful at tax-filing time to:

• Identify which units have crossed the 12-month LTCG threshold (equity).
• Identify the cost basis of each lot (FIFO ordering).
• Plan tax-efficient redemptions (preferentially redeem LTCG-qualified lots).

Statement structure

A typical holding period statement includes:

• Folio number and scheme name.
• Transaction lots: Each purchase listed separately with:
  • Purchase date.
  • Units allotted.
  • Purchase NAV.
  • Cost basis (units × NAV).
• Current holding details:
  • Current units (after any redemptions, FIFO-adjusted).
  • Current NAV.
  • Current value.
• Holding period: For each lot, days/months/years held.
• Tax classification: LTCG-eligible vs STCG.

Tax computation context

Equity-oriented schemes

• >12 months holding: LTCG under Section 112A at 12.5% above Rs 1.25 lakh annual exemption.
• ≤12 months holding: STCG under Section 111A at 20%.

Debt-oriented schemes (post-2023)

All gains taxed at slab rate regardless of holding period, per debt mutual fund taxation 2023 .

How to download

Via direct-plan platforms

• Zerodha Coin : “Reports” → holding period statement.
• Groww , Kuvera , ET Money : similar reports section.

Via CAMS / KFin portals

• CAMS Online : “Mailback Services” → capital gains / holding statement.
• KFinKart : equivalent feature.

Via AMC websites

Most AMCs provide holding period statements through their investor portals.

Use cases

• Tax-loss harvesting: Identify LTCG-qualified lots to redeem within Rs 1.25 lakh exemption.
• Goal planning: Verify holding periods align with goal timelines.
• Switch decisions: Understand tax cost of switching from FIFO-consumed lots.
• Estate planning: Document holdings for transmission.

See also

• Mutual funds in India
• SIP
• SIP tax FIFO
• SWP
• SWP tax
• Capital gains statement (MF)
• Equity mutual fund taxation in India
• Debt mutual fund taxation (post-2023)
• Section 112A
• Section 111A
• CAMS
• KFin Technologies

External references

• Income Tax Department of India
• AMFI India

References

1. AMFI Best Practice Guidelines on tax statements.
2. Income Tax Act 1961, Sections 111A and 112A.