How can I add an entry for gifts received in Mutual Fund in MProfit?

Modified on Wed, 19 Jun at 8:16 PM

In this tutorial, we will explain how you can transfer assets in the form of a gift to someone whose portfolio is not present in MProfit

MProfit computes accurate capital gains for gifted MF units by retaining the original purchase price and date information.

To proceed, follow the steps below:

Step 1: Login to your MProfit account and right-click on the mutual fund for which you need to add a gift entry. 


Step 2: Select Advanced from the drop-down list.

Then click Transfer Asset to another Portfolio


Step 3: Select the Date of the transaction. 

Now, in the drop-down menu, if the portfolio to which you want to transfer the gift is not in MProfit, you need to click on the Other/Gift option, mention the Quantity, and click  Save


Step 4: A confirmation prompt will appear; click Yes


This is how you can seamlessly add a Gift entry for a Mutual Fund in MProfit!

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article