Realised gain
Regulation & taxProfit locked in by actually selling, as opposed to a paper gain.
In plain terms
Only realised gains are taxable. Unrealised ones are a number on a screen.
1492 terms
Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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P&L statement
Regulation & taxA broker report of realised and unrealised gains, split by holding period.
In plain terms
Use this at filing time, not the app dashboard. Every SIP instalment is its own purchase.