If you’ve invested in mutual funds and it’s time to file your Income Tax Return (ITR), one document you’ll definitely need is your Capital Gains Statement. It summarizes your profits or losses from buying and selling mutual funds over a financial year. This statement is especially important for calculating short-term and long-term capital gains tax.

Let’s break down what it is, why it matters, and how you can easily get it.

What is a Capital Gains Statement?

A Capital Gains Statement gives you a detailed overview of:

• Mutual fund units you’ve sold
• Dates of purchase and redemption
• Duration of holding
• Capital gains or losses (short-term or long-term)
• Tax implications based on the type of mutual fund

It’s basically a ready-made report that makes tax filing easy and accurate.

How to Get Capital Gains Statement?

Depending on how and where you’ve invested, there are different ways to get this statement:

1. Through Your Mutual Fund Platform or App

If you’ve invested through any online investment platform or mobile app, simply log in and head to the “Statements” or “Reports” section. You’ll usually find an option for Capital Gains Statement. Select the financial year and download it in PDF or Excel format.

2. Through Mutual Fund Companies (AMCs)

If you’ve invested directly through individual mutual fund companies, log into their investor portal. After logging in, navigate to the section for account statements or capital gains reports. Choose your time period and download your statement.

3. Use RTA Services for Consolidated Report

If you’ve invested in funds from multiple AMCs, you can use the services of a Registrar and Transfer Agent (RTA) that supports multiple fund houses. They offer consolidated capital gains statements across different mutual funds using just your PAN and email ID.

Why Do You Need a Capital Gains Statement?

Here’s why this document is so important:

• To calculate capital gains tax on your mutual fund investments
• For accurate ITR filing under the “Capital Gains” income head
• To understand your investment performance
• To prepare for advance tax payments if applicable
• To track your profit or loss in detail for financial planning

Things to Keep in Mind

• Always check whether your gains are Short-Term Capital Gains (STCG) or Long-Term Capital Gains (LTCG) based on how long you held the investment.
• Equity mutual funds and debt mutual funds are taxed differently.
• If you invest through multiple platforms or AMCs, it’s best to get a consolidated statement using your PAN.
• Download your statement quarterly or annually for better tracking and planning.

Final Thoughts

Getting your capital gains statement is a simple but essential step, especially during tax season. Whether you invest through apps, AMCs, or multiple platforms, make sure to collect and review your statement to ensure you’re on top of your tax obligations.

Understanding your capital gains today will help you plan smarter and stay compliant tomorrow.