@ac203 , the holding period requirements for stocks / mutual funds ( with underlying stocks ) for the USA is one year or more for long term the rest that is held for less than one year is generally short-term ( I think India uses a three holding period for long-term treatment) and yes for Mutual Funds ( and similar ) you use the l period you held the fund shares NOT the underlying shares/ investments .
FX losses are personal and not an investment ( unless you are an investor in Forex or Forex funds ) --- thus while the loss is not recognizable ( casualty loss ? ) , the gain may be.
Does this help ?
