Long term Capital gains tax (if held for more than a year) for equity mutual funds is 10%. Short Term Capital gains tax (if held for less than a year) on equity mutual funds investments is 15%.
For debt mutual funds, Long Term Capital gains tax (if held for more than 3 years) is applicable. You have two options here. You can use tax indexation, and then pay 20% tax on the gains after indexation. Or if you do not choose to use indexation benefit, you can simply pay tax at 10%.
For Short Term Capital gains tax (if held for less than 3 years) are added to your income and taxed as per your income slab rate.
Ocean Finvest would provide you Capital gains statement to assist you in your tax computation.