This topic describes the systematic instruction to Capital Gains Report screen.

The profits or losses that an investor gets when he/she sells Mutual Fund units are called Capital Gains/ Losses. There are two types of capital gains – short term & long term. For example, In India gains /losses any equity investment sold within 12 months of purchase are treated as short-term gains/ losses. If the gap between purchase and sale is more than 12 months it’s called Long term capital gains/ losses. Short term gains tax rates tend to be higher compared to long-term capital gains taxes.

The retail user/ investor holding the mutual funds can download the Capital Gain report for the mutual funds that the user had transacted in for the current and past financial years.

The user can search the transactions and download the report.

Pre-Requisites

• Transaction access is provided to the Retail User.

Features Supported In Application

The module supports the following features:

• Search Transactions and Download the report

To search and download the capital gain report detail:

1. From the Dashboard, click Toggle menu, and then click Menu. From the Menu, click Wealth Management , and then click Reports. From the Reports, click Capital Gains Report.
2. Navigate to the above path.
   The Capital Gains Report screen appears.

   Figure 6-1 Capital Gains Report

   
   

   
   Description of "Figure 6-1 Capital Gains Report"

   
   

   Note:

   The fields which are marked as Required are mandatory.

   For more information on fields, refer to the field description table.

   Table 6-1 Capital Gains Report - Field Description

   Field Name	Description
   Search	Information specified in below fields are related to search.
   Investment Account	The investment account for which capital gains search is to be done.
   Financial Year	The financial year for which capital gains data is to be generated.
   Fund House	Allows the user to search based on fund house.
   Scheme Name	Allows the user to search based on orders placed in a specific scheme.
   Capital Gain/ Loss Type	Allows the user to search based on capital gain/ loss type. The capital gain/ loss type can be: Long Term Capital Gain/ Loss Short term Capital Gain/ Loss

3. From the Investment Account list, select the account number for transactions search.
4. Enter the other search criteria, if you want a specific capital gain/ loss transaction search and click Search.
   • The search results appear on the Transaction Report screen based on the search parameters.
   • Click Cancel to cancel the transaction.
   • Click Clear to clear the input search parameters.

Figure 6-2 Capital Gains Report - Report Details

Note:

The fields which are marked as Required are mandatory.

For more information on fields, refer to the field description table.

Table 6-2 Capital Gains Report - Report Details - Field Description

Field Name	Description
Report Details	Information specified in below fields are related to Report Details.
Scheme Name	Name of the scheme that has been redeemed resulting in capital gain/ loss.
Short Term Units	Number of units in the short term capital gain calculation.
Purchase Value	Purchase value of the short term units.
Redemption Value	Redemption value of the short term units.
Short Term Capital Gain/ Loss	Short term capital gains/ loss accrued from the redemption transaction.
Long Term Units	Number of units in the long term capital gain calculation.
Purchase Value	Purchase value of the long term units.
Redemption Value	Redemption value of the long term units.
Long Term Capital Gain/ Loss	Long term capital gains/ loss accrued from the redemption transaction.

5. Click Download link to download the capital gains report in password protected pdf format.