Long-term capital gains (LTCG) refer to profits from selling mutual fund units held for a longer duration, with tax treatment varying between equity and debt mutual funds. What is Long-Term Capital Gain on Mutual Funds?LTCG arises when mutual fund units are sold after holding them for: Equity Mutual Funds: Held for over a year. Debt Mutual Funds: Held for over three years. Tax on LTCG in...