What is Fixed Maturity Plan?

Certain mutual funds have fixed maturity period.

These are called Fixed Maturity Plans


Treatment on Extension of Period

If Mutual Fund Companies offer the period to extend the period of mutual funds (call roll over of mutual fund)

If unit holder avails this option to extend the period,it shall not be regarded as transfer and no capital gain will be computed.

Capital Gain will be computed at the time of redemption/sale/opting out of the scheme



Period of holding in case of unlisted shares and units of a mutual fund [other than an equity oriented

(fund)] to be more than thirty-six months to qualify as long term capital asset

Learn in your speed, with individual attention - Teachoo Maths 1-on-1 Class

Ask a doubt
CA Maninder Singh's photo - Co-founder, Teachoo

Made by

CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 13 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.