You can record write-off entries for Mutual Funds in MProfit. Please follow the below process:

1. In the MProfit portfolio summary screen, right click on the mutual fund that you need to add a Write -Off entry for. 

In the dropdown, select Other Transactions and then click on Write-Off Asset.

2. In the following window, enter Date and click Save.

You are done. The asset will now have been written off.