Profit and Loss
What is Realized Profit/Loss?
Realized Profit/Loss refers to the profit or loss experienced upon selling your assets. It represents the actual gain or loss realized only upon the completion of the transaction and the subsequent sale of the holdings. For instance, if you own 1 ...
What is Unrealized Profit/Loss?
Unrealized Profit/Loss represents the potential gain or loss on a current position. These gains or losses are only hypothetical as long as you retain the security. Once you sell all or a portion of the security holdings, the unrealized gains or ...
Which prices are used to calculate unrealized profit or loss?
Irrespective of what period you select for reporting, unrealized profit or loss will always be reported on the basis of the latest market prices if the markets are open or close prices of the previous business day’s core market session.
What is cost basis?
Cost basis is the original price of an investment or asset used to calculate capital gains taxes. For US securities, the cost basis is calculated following the FIFO (First-In-First-Out) methodology. This methodology dictates that when selling of ...
How is realized profit/loss calculated?
Realized profit/loss is simply the difference between the sale proceeds (sell price * quantity sold) and the cost basis for the position, calculated based on the FIFO methodology discussed in the previous section.
How is unrealized profit/loss calculated?
Unrealized profit/loss is calculated by the difference between the current market value of the position and the investment amount (calculated by multiplying the average price of your holdings in that security and the quantity).
Which FX rate is used to show INR returns?
We use RBI reference rates for the translation of USD returns into INR.
Can I use the Profit and Loss reports for advance tax payment?
Yes. We have used the same approach for calculations here, which we use for our tax module. Additionally, we use the RBI reference rates for USD to INR adjustment, which is as per the guidelines of the Income Tax Department. Please keep in mind that ...
What are the different sections in the Profit and Loss report?
The first section of the report shows an overall summary of the realized and/or unrealized gains and losses incurred during the period you selected across all tickers (or for the ticker you selected, if applicable). The section below the first ...
Can I download Profit and Loss report?
Yes, we provide an option to download this report in an Excel format. The Excel file will have a sheet for your personal details and then multiple sheets for realized and unrealized summaries as well as breakdowns based on your selection.
Can I email the Profit and Loss report?
Yes, you can use the email functionality to send this report in an Excel attachment to your Vested-registered email ID.
Why are today's FX rates not reflected in the report for positions I sold today or for unrealized values?
We receive the RBI reference rates with a two/three-business-day delay (T+2/T+3). As a result, when calculating realized capital gains or losses for recent transactions and adjusting unrealized returns, we utilize the most recent available rates. If ...
Where can I get my realized and unrealized Profit and Loss?
You can use the ‘Profit and Loss Statement’ feature available in Profile → US Stocks to get details of your realized and unrealized profit and loss. You can extract the profit and loss details for any period you wish. You also have an option to see ...
Where I get a Profit/Loss overview for my portfolio and for each trade that I made?
The US Stocks dashboard reports the latest unrealized profit/loss for your account. To see details of realized profit and loss and a breakdown of unrealized profit and loss, you can use the Profit and Loss Statement feature available in the Profile ...
Where can I get my previous year's Profit/Loss?
You can use the ‘Profit and Loss Statement’ feature available in Profile → US Stocks to get details of your realized and unrealized profit and loss for any period you wish, including the previous year
Where can I get the last month's Profit/Loss to check my portfolio performance?
You can use the ‘Profit and Loss Statement’ feature available in Profile → US Stocks to get details of your realized and unrealized profit and loss for any period you wish, including the previous month.