FV = P × (1 + r)n. Equity fund gains held over 12 months are taxed at 12.5% above ₹1.25 lakh a year (plus 4% cess).
FAQ
What will ₹1 lakh become in 10 years at 12%?
About ₹3.11 lakh before tax.
Sources (checked 6 Nov 2026): Income-tax Act 2025 (LTCG 12.5%).