Showing of mutual fund entries in AIS

If you're seeing unexpected 'sale of units' entries for your mutual fund investments in your AIS, don't worry. This can happen during fund mergers, like the L&T to HSBC transition. Instead of relying solely on AIS, it's best to obtain a capital gains statement directly from the fund's Registrar and Transfer Agent (RTA), such as CAMS or KFintech. Use this official statement to accurately declare your capital gains in your Income Tax Return.