MC Explains: How to get your capital gains statement for MF investments
As the deadline for filing income tax returns nears, many individuals run around to get all relevant inputs pertaining to their income. One of these is the capital gains booked the previous financial year. With more and more people investing in mutual funds (MF), the capital gains computation is a growing requirement.
Most mutual funds houses and brokers offer a ready-made solution. However, some brokers do not offer one. Also, many individuals change their brokers over a period of time and all details are not available under one login. Plus, there are those who invest in direct schemes of MFs. For all such cases, registrar and transfer agents (RTA) such as KFin and CAMS offer an online tool to compute capital gains.