Skip to main content
Scripbox Logo

What are the withdrawal charges? Are there any taxes to pay?

Scripbox does not have any withdrawal charges. However, at the time of withdrawal, depending on whether your investments are classified as short-term or long-term, you may incur exit loads (to the mutual fund company) or capital gains taxes.

Exit loads

Type of Investment

Exit Load

Equity *1% of sale proceeds if sold within 1 year of purchase *
DebtUsually none. 
Tax SavingNot applicable as these equity investments cannot be sold before the 3 year lock-in period, thereby exceeding 1 year.
US equity
Usually none. 


* Investment type: Equity
   Fund name: Parag Parikh Long Term Equity Fund (Growth)
   Exit load: 2% on or before 365 days OR 1% after 365 days but on or before 730 days.

Capital Gains taxes

Type of Investment

Holding Period to be
classified "Long Term"

Tax on Long-Term
Capital Gains

Tax on Short-Term
Capital Gains

Equity1 year from purchase10% capital gains tax on gains over Rs.1 Lakh.15% flat tax on the gain amount after exit load deduction + cess
Debt3 years from purchase20% tax after “indexation”: a process by which you can adjust your purchase cost upwards based on inflation
Tax based on your income tax bracket (10% or 20% or 30% + cess)
Tax Saving3 year lock-in for these equity funds to be eligible for section 80C income tax deduction
10% capital gains tax on gains over Rs.1 Lakh.
Not applicable as these investments cannot be sold before the 3 year lock-in period
US equity
3 years from purchase
20% tax after “indexation”: a process by which you can adjust your purchase cost upwards based on inflation.
Tax based on your income tax bracket (10% or 20% or 30% + cess)



Hope we helped! Why not get started with your Scripbox.
If you need further assistance please feel free to reach us at 1800-102-1265