How to get capital gains statement for your Mutual Fund investments


When you sell an investment (e.g. stocks, bonds, Mutual Funds, real estate), the profit part of the sale value is called Capital Gains.

Since this is a type of income, capital gains are taxable in the year they are realised i.e. in the financial year when you made the sale.

Hence, in order to assess your tax liability and file your tax returns correctly, you need to know what capital gains you earned during the financial year.

This information is generally contained in a Capital Gains statement for your investments.

Note: In order to know more about taxation of Capital Gains you can read here. This post is about how to get your Capital Gains statement.

If you are investing in Mutual Funds in non-demat form (e.g. using Goalwise), there are 3 ways to get your Capital Gains statement for the financial year.

Method 1. Download Capital Gains Report from your online investment platform

If you are investing via an online Mutual Fund platform like Goalwise, it will usually provide a bunch of reports one of which will be the Capital Gains Report.

On Goalwise you can download it from your dashboard as shown below (also available in the side menu in the android app):

You can download this for all the online platforms that you are investing with respectively.

This is the most convenient approach especially if you are investing via only one or two online platforms.

Method 2. Download Capital Gains Report from Mutual Fund companies individually

In case you are investing via multiple platforms and/or have online and offline investments then you can download the Capital Gains Report from each Mutual Fund house that you have invested in separately.

You can do this even if you have never used their websites to make the investments.

The way to do it would be to create a login (if you don't already have one) on each of the Mutual Fund companies website. You will need to provide your folio info or PAN number and verify it via an OTP to the registered email-id/phone in order for them to correctly link the login to your investments.

Once the login is created, you can download the Capital Gains Report from each Mutual Fund company individually.

This is going to be a tedious process if you have made a lot of investments across different Mutual Fund companies.

But don't lose heart, there is a better way. See below. :)

Method 3. Get Consolidated Capital Gains Report from CAMS/KARVY

If you are investing via more than two platforms and/or investing offline as well, you can make use of the consolidated Capital Gains Report mailback service provided by RTAs like CAMS and KARVY.

Note: This method will only work if you have your email id registered in your Mutual Fund folios.

What are RTAs?

RTAs (Registrar and Transfer Agents) are SEBI approved intermediaries who handle the back-office operations of Mutual Funds like handling transactions etc so that Mutual Funds can focus on the investment management and marketing parts.

Most of the Mutual Fund companies have either CAMS or KARVY as their RTA. The two exceptions are Franklin MF and Sundaram MF who do it themselves i.e. they are their own RTAs.

Instead of getting the Capital Gains report from individual Mutual Fund companies, you can also get CG reports from the RTAs which will contain information of Capital Gains of all the Mutual Fund companies they work with respectively.

If you don't have any investments with Franklin or Sundaram, you only need to get the Capital Gains report from two places - CAMS and KARVY.

(If you have investments with Franklin and/or Sundaram then you will need to get it from them separately using Method 2.)

Here is how to get it from CAMS -

Step 1. Go to CAMS Investor Mailback Services here -
https://www.camsonline.com/InvestorServices/COL_ISMailBackServices.aspx

Step 2. Click on Consolidated Realised Gains Statement

Step 3. You will see a screen like this. Fill out the required details as below:

For period choose the default option of Current FY and Previous FY.

For email enter the email id registered in your investment folios. The report will be sent to this email-id only.

PAN is optional but if you provide your PAN number then it will also include those investments under your PAN where you may have not registered your email id. I have my email id in all my investments,so I am leaving that out.

Select 'All My Funds'. (This option will come once you have entered the email id).

Delivery option: Email an encrypted attachment.

Password: This is the password for opening the attachment. You can set it to anything you want eg 12345678 or your PAN Number.

Retype the password and hit Submit.

You won't get the statement immediately. It will be emailed to you in some time to the registered email id you provided above.

Wait for the email. It will usually take upto 30 mins but can take longer also depending on the load on their servers.

You can search for it with sender name 'CAMS Mailback Server'.

When you get it there would be two Capital Gains Statement files in it (both with the same password) - one for current FY and one for previous FY. Typically you would use the previous FY statement since you would be filing returns in June/July for the previous FY.

Here is how to get it from KARVY -

Step 1. Go to KARVY Investor Mailback Service for Capital Gains here -
https://www.karvymfs.com/karvy/InvestorServices/General/Invemailcapitalgains.aspx

Step 2. You will see a screen like this. Fill out the required details as below:

For email enter the email id registered in your investment folios. The report will be sent to this email-id only.

Password: This is the password for opening the attachment. You can set it to anything you want eg 12345678 or your PAN Number.

For From Date choose 1st April 2017 from the date picker and for To Date choose 31st March 2018 to get the Capital Gains statement for the previous FY.

Hit submit.

As with CAMS, you won't get the statement immediately. It will be emailed to you in some time to the registered email id you provided above.

However in case of KARVY you will get one email/statement per Mutual Fund company that you have invested with. For eg you will get one statement for all Reliance funds, one statement for all Axis funds etc.

You can search for the emails with sender name 'Support@karvy.com'.

Not as neat as CAMS but still better than getting it from different Mutual Funds companies individually.

So there you have it, your Capital Gains statements for all your Mutual Fund investments.