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How can I manage segregated portfolio funds (side pocket units) in MProfit?

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  • Tanmay Keni
    replied
    Dear Zomby,

    Please send the exact scenario with original purchase, segregated fund units, partly paid details so we can review.

    Leave a comment:


  • zomby
    replied
    What about the case with Nippon short duration fund where segregated fund was partly paid but units were not extinguished. One cannot make and entry for such a transaction since quantity has not changed.

    Leave a comment:


  • How can I manage segregated portfolio funds (side pocket units) in MProfit?

    At times, certain Mutual Funds are required to create segregated portfolios for unrated debt in case of default.

    It is important to note that entries for segregated portfolios of Mutual Funds SHOULD NOT be directly imported from a CAS statement, so that MProfit can accurately compute your capital gains.

    In such cases, you will be required to make a demerger entry for the affected mutual fund in your MProfit portfolio.

    We have provided an example below for Franklin segregated funds. Please follow the steps below:


    1. From your PMS portfolio summary screen, right click on fund and go to Other Transactions > Add Find D'merger Details.

    Click image for larger version  Name:	How_to_manage_Franklin_Segregated_Portfolio_funds_1.png Views:	25 Size:	184.8 KB ID:	1426


    2. Enter the record date. To add a new segregated fund, click on a blank field and press CTRL+N.

    Click image for larger version  Name:	How_to_manage_Franklin_Segregated_Portfolio_funds_2.png Views:	18 Size:	123.1 KB ID:	1427

    3. Select the fund from the list, add folio number and click on OK.

    Click image for larger version  Name:	How_to_manage_Franklin_Segregated_Portfolio_funds_3.png Views:	18 Size:	133.9 KB ID:	1428

    4. Enter the quantity but keep the amount zero. Click on Save.

    Click image for larger version  Name:	How_to_manage_Franklin_Segregated_Portfolio_funds_4.png Views:	18 Size:	115.2 KB ID:	1429


    Click image for larger version  Name:	How_to_manage_Franklin_Segregated_Portfolio_funds_5.png Views:	18 Size:	100.3 KB ID:	1430
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