Mutual fund investment entry

Dear Sir,

We Invest 5,00,000/- in Mutual Fund, as in NAV has decreased last 2 months respetivley, presently the market vakle is Rs. 4,50,000/- so how we can show this entry in tally , whether the diffence amount can show in Short Term Capital Loss ? or how to show the decreased amount in tally ?

Replies (12)

Any gain or loss is calculated only at the time of redemption. Till that period the investment value remains same...

Thanks for the clarification Sir.

My pleasure.....

Dear Sir, We are investing in mutual funds every month Rs.5000/- from 2014 on wards. Total units as on June-2017 is 7353 and we redeemed 4045 units. How to account these entry. NAV as on June-2017 is Rs.37.

Dear Sir,

 

How to account switch out and switch in of Mutual funds.

Switch out

No of Units: 10000

Price: 14.9850

Total :149848.50

Switch in:

No of Units 4677.941

Price: 32.033

Total Amount: 149848.50

Please gude me how to account above switch out and switch in of mutual funds.

Originally posted by : Shiva Karnati
Dear Sir, We are investing in mutual funds every month Rs.5000/- from 2014 on wards. Total units as on June-2017 is 7353 and we redeemed 4045 units. How to account these entry. NAV as on June-2017 is Rs.37.

 

Check your statement as on June 30, 2017.....

Also download/request for capital gains statement for FY 2017-18......

You will be clear about the entries......... or come back for clarification........

Good luck ...

When there is switch out of scheme 'A' with switch in of scheme 'B' ....

Scheme 'B'  149848.50 Dr.

Cr. Scheme 'A' 149848.50  .......

 

Dear Sir, Initial investment for Scheme A is Rs. 100000/- only . At the time of Switch out the prices was Rs.149848.50/-. What should we treat this difference as Capital gain?

Yes, If initial investment of Scheme 'A' is 1 lakh for the switched units..

Scheme 'A'  49848.50 Dr.

Cr. LT/ST capital gains 49848.50 

Thank You SIr.

Welcome, Dear .....

Same question. If you got clarification please give answer to me as well

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details