How to show sell of mutual fund

When selling mutual funds, any profit is typically treated as capital gains for income tax purposes. If you've held your investments for over a year, it's considered long-term capital gains (LTCG). LTCG is exempt from tax up to £100,000 per financial year. For gains exceeding this threshold, a 10% tax rate usually applies. It's advisable to obtain a capital gains report from your fund registrar (like CAMS or KFintech) to accurately calculate your taxable gains.