Received a 30-Year-Old Mutual Fund. Now Facing Taxes & Market Dip! Need Advice!

Here’s an interesting financial situation I found myself in. Back in 1991, my grandfather invested ₹10K each in two mutual funds (₹20K total). These investments were forgotten until the lockdown when I stumbled upon the original certificates while clearing out some stuff. Converting them into my Demat account was a long and frustrating process—it took 2.5 years to complete. But once done, I had: • Folio 1: ₹200K • Folio 2: ₹210K (including dividends over 30 years) The Problem: Market Dip & Taxes In June last year, I decided to switch Folio 2 and reinvest ₹210K into a different mutual fund. But now, thanks to the recent market dip, that fund has dropped to ₹180K. On top of that, there’s the capital gains tax issue: • My original investment: ₹10K • My redemption amount: ₹210K • Total profit: ₹200K • Exempted amount: ₹125K • Taxable gain: ₹75K • LTCG tax (12.5%): ₹9,375 What Should I Do? 1. Sell and rebuy the same fund to reset the investment? 2. Hold tight and wait for recovery? Would love to hear thoughts from those experienced in mutual funds and taxation. What’s the best move here? Edit : My calculations were wrong I need not pay any taxes, I have learned that I should check the nav of my fund on the date 1/4/2018 acc to that date I have done the calculation my gains fall below 125k so no Taxes