{"id":1233,"date":"2018-06-23T06:29:31","date_gmt":"2018-06-23T06:29:31","guid":{"rendered":"http:\/\/blog.kuvera.in\/?p=1233"},"modified":"2019-12-11T07:38:23","modified_gmt":"2019-12-11T07:38:23","slug":"scheme-mergers-import-kuvera","status":"publish","type":"post","link":"https:\/\/kuvera.in\/blog\/scheme-mergers-import-kuvera\/","title":{"rendered":"Confused by Scheme Mergers: Import portfolio into Kuvera"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_40 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" area-label=\"ez-toc-toggle-icon-1\"><label for=\"item-69d12f7a00958\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-69d12f7a00958\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/kuvera.in\/blog\/scheme-mergers-import-kuvera\/#Now_look_at_your_AMC_Statement_again_and_you_will_realize_why_Scheme_Mergers_are_so_confusing\" title=\"Now look at your AMC Statement again and you will realize why Scheme Mergers are so confusing:\">Now look at your AMC Statement again and you will realize why Scheme Mergers are so confusing:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/kuvera.in\/blog\/scheme-mergers-import-kuvera\/#We_have_implemented_Scheme_Mergers_to_preserve_historical_transaction_information_for_easier_analysis\" title=\"We have implemented Scheme Mergers to preserve historical transaction information for easier analysis.\u00a0\">We have implemented Scheme Mergers to preserve historical transaction information for easier analysis.\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/kuvera.in\/blog\/scheme-mergers-import-kuvera\/#How_does_it_help\" title=\"How does it help?\">How does it help?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/kuvera.in\/blog\/scheme-mergers-import-kuvera\/#So_if_you_have_not_yet_then_log_in_and_import_your_portfolio_online_to_Kuvera\" title=\"So if you have not yet, then\u00a0log in\u00a0and import your\u00a0portfolio\u00a0online to Kuvera.\">So if you have not yet, then\u00a0log in\u00a0and import your\u00a0portfolio\u00a0online to Kuvera.<\/a><\/li><\/ul><\/nav><\/div>\n<div>\n<p>Pursuant to\u00a0<a href=\"https:\/\/www.sebi.gov.in\/legal\/circulars\/oct-2017\/categorization-and-rationalization-of-mutual-fund-schemes_36199.html\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en&amp;q=https:\/\/www.sebi.gov.in\/legal\/circulars\/oct-2017\/categorization-and-rationalization-of-mutual-fund-schemes_36199.html&amp;source=gmail&amp;ust=1529818929411000&amp;usg=AFQjCNH_yYBb0AvTgY_s1_wuiL3wAKsY3w\"><strong>SEBI Guidelines on Scheme Rationalization<\/strong><\/a>, fund houses implemented Scheme Mergers\u00a0across some of their\u00a0schemes.\u00a0<a href=\"https:\/\/kuvera.in\/merged-schemes\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en&amp;q=https:\/\/kuvera.in\/merged-schemes&amp;source=gmail&amp;ust=1529818929411000&amp;usg=AFQjCNHJ5PiA8O7vFgYSGtwcFam28sjTdg\"><strong>View the list of\u00a0scheme\u00a0mergers\u00a0and the effective date of\u00a0merger\u00a0here.<\/strong><\/a>\u00a0 As a result, <b>y<\/b>our holdings could have been impacted. Do check your account now if you haven\u2019t already.<\/p>\n<\/div>\n<p><a href=\"http:\/\/blog.kuvera.in\/scheme-mergers-import-kuvera\/question-3385451_640\/\" rel=\"attachment wp-att-1464\"><img loading=\"lazy\" class=\"wp-image-1464 size-full aligncenter\" src=\"https:\/\/blog.kuvera.in\/wp-content\/uploads\/2018\/06\/question-3385451_640.jpg\" alt=\"Avoid confusion due MF Scheme Mergers by importing your Portfolio into Kuvera\" width=\"640\" height=\"391\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2018\/06\/question-3385451_640.jpg 640w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2018\/06\/question-3385451_640-300x183.jpg 300w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<div>\n<p>In a\u00a0merger, units of the\u00a0Merged\u00a0Scheme (old\u00a0scheme) automatically convert into the units of the Surviving\u00a0Scheme\u00a0(new\u00a0scheme). Scheme Mergers related Switch are free of Exit Load. And they are supposed to be tax neutral.<\/p>\n<h5><span class=\"ez-toc-section\" id=\"Now_look_at_your_AMC_Statement_again_and_you_will_realize_why_Scheme_Mergers_are_so_confusing\"><\/span>Now look at your AMC Statement again and you will realize why Scheme Mergers are so confusing:<span class=\"ez-toc-section-end\"><\/span><\/h5>\n<\/div>\n<ul>\n<li><strong>How do you compare Scheme Performance?\u00a0<\/strong>Investment Amount went up and XIRR drops to zero! So, how do you compare your holdings in this Scheme with that in other Schemes?<\/li>\n<li><strong>How many units you can sell without exit load and STCG tax implication?<\/strong>\u00a0There\u2019s no transaction history information for the New Scheme?<\/li>\n<\/ul>\n<div>\n<h5><span class=\"ez-toc-section\" id=\"We_have_implemented_Scheme_Mergers_to_preserve_historical_transaction_information_for_easier_analysis\"><\/span><strong>We have implemented Scheme Mergers to preserve historical transaction information for easier analysis.\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p>We like keeping things simple. So, we replace each transaction in the Old\u00a0scheme with a transaction in the New\u00a0Scheme. In effect, each of your historical transaction gets updated as if it was a transaction in the new\u00a0scheme.<\/p>\n<h5><span class=\"ez-toc-section\" id=\"How_does_it_help\"><\/span><strong>How does it help?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<\/div>\n<ul>\n<li>You can see the history of each Unit Purchase in the New Scheme. This makes tax calculations much simpler to follow.<\/li>\n<li>Your holdings in the\u00a0scheme\u00a0retain continuity at their original cost. So, there&#8217;s no artificial re-pricing distorting your portfolio performance.<\/li>\n<\/ul>\n<h5><span class=\"ez-toc-section\" id=\"So_if_you_have_not_yet_then_log_in_and_import_your_portfolio_online_to_Kuvera\"><\/span>So if you have not yet, then<a href=\"https:\/\/kuvera.in\/import\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en&amp;q=https:\/\/kuvera.in\/import&amp;source=gmail&amp;ust=1529818929411000&amp;usg=AFQjCNHRiFs1PhDSU3ECNUa32WaTaXXahQ\">\u00a0<\/a><strong><a href=\"https:\/\/kuvera.in\/import\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en&amp;q=https:\/\/kuvera.in\/import&amp;source=gmail&amp;ust=1529818929411000&amp;usg=AFQjCNHRiFs1PhDSU3ECNUa32WaTaXXahQ\">log in<\/a><a href=\"https:\/\/kuvera.in\/import\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en&amp;q=https:\/\/kuvera.in\/import&amp;source=gmail&amp;ust=1529818929411000&amp;usg=AFQjCNHRiFs1PhDSU3ECNUa32WaTaXXahQ\">\u00a0and import your\u00a0<\/a><a href=\"https:\/\/kuvera.in\/import\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en&amp;q=https:\/\/kuvera.in\/import&amp;source=gmail&amp;ust=1529818929411000&amp;usg=AFQjCNHRiFs1PhDSU3ECNUa32WaTaXXahQ\">portfolio<\/a><\/strong><a href=\"https:\/\/kuvera.in\/import\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en&amp;q=https:\/\/kuvera.in\/import&amp;source=gmail&amp;ust=1529818929411000&amp;usg=AFQjCNHRiFs1PhDSU3ECNUa32WaTaXXahQ\"><strong>\u00a0online to Kuvera.<\/strong><\/a><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<div><\/div>\n<div><img loading=\"lazy\" class=\"alignnone size-full wp-image-1467\" src=\"https:\/\/blog.kuvera.in\/wp-content\/uploads\/2018\/06\/import.png\" alt=\"\" width=\"1342\" height=\"843\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2018\/06\/import.png 1342w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2018\/06\/import-300x188.png 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2018\/06\/import-768x482.png 768w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2018\/06\/import-1024x643.png 1024w\" sizes=\"(max-width: 1342px) 100vw, 1342px\" \/><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Pursuant to\u00a0SEBI Guidelines on Scheme Rationalization, fund houses implemented Scheme Mergers\u00a0across some of their\u00a0schemes.\u00a0View the list of\u00a0scheme\u00a0mergers\u00a0and the effective date of\u00a0merger\u00a0here.\u00a0 As a result, your holdings could have been impacted. Do check your account now if you haven\u2019t already. In a\u00a0merger, units of the\u00a0Merged\u00a0Scheme (old\u00a0scheme) automatically convert into the units of the Surviving\u00a0Scheme\u00a0(new\u00a0scheme). Scheme Mergers [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/kuvera.in\/blog\/scheme-mergers-import-kuvera\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":3,"featured_media":1464,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[91],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Confused by Scheme Mergers: Import portfolio into Kuvera - Kuvera<\/title>\n<meta name=\"description\" content=\"We have implemented Scheme Mergers to preserve historical transaction information for easier analysis. Each of your historical transaction in the Old Scheme has gotten updated as if it was a transaction in the New\u00a0Scheme.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kuvera.in\/blog\/scheme-mergers-import-kuvera\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Confused by Scheme Mergers: Import portfolio into Kuvera - Kuvera\" \/>\n<meta property=\"og:description\" content=\"We have implemented Scheme Mergers to preserve historical transaction information for easier analysis. Each of your historical transaction in the Old Scheme has gotten updated as if it was a transaction in the New\u00a0Scheme.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kuvera.in\/blog\/scheme-mergers-import-kuvera\/\" \/>\n<meta property=\"og:site_name\" content=\"Kuvera\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/kuvera.in\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-23T06:29:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-12-11T07:38:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2018\/06\/question-3385451_640.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"391\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Neelabh Sanyal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@kuverian\" \/>\n<meta name=\"twitter:site\" content=\"@Kuvera_In\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Neelabh Sanyal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Confused by Scheme Mergers: Import portfolio into Kuvera - Kuvera","description":"We have implemented Scheme Mergers to preserve historical transaction information for easier analysis. Each of your historical transaction in the Old Scheme has gotten updated as if it was a transaction in the New\u00a0Scheme.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/kuvera.in\/blog\/scheme-mergers-import-kuvera\/","og_locale":"en_US","og_type":"article","og_title":"Confused by Scheme Mergers: Import portfolio into Kuvera - Kuvera","og_description":"We have implemented Scheme Mergers to preserve historical transaction information for easier analysis. Each of your historical transaction in the Old Scheme has gotten updated as if it was a transaction in the New\u00a0Scheme.","og_url":"https:\/\/kuvera.in\/blog\/scheme-mergers-import-kuvera\/","og_site_name":"Kuvera","article_publisher":"https:\/\/www.facebook.com\/kuvera.in","article_published_time":"2018-06-23T06:29:31+00:00","article_modified_time":"2019-12-11T07:38:23+00:00","og_image":[{"width":640,"height":391,"url":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2018\/06\/question-3385451_640.jpg","type":"image\/jpeg"}],"author":"Neelabh Sanyal","twitter_card":"summary_large_image","twitter_creator":"@kuverian","twitter_site":"@Kuvera_In","twitter_misc":{"Written by":"Neelabh Sanyal","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/kuvera.in\/blog\/scheme-mergers-import-kuvera\/#article","isPartOf":{"@id":"https:\/\/kuvera.in\/blog\/scheme-mergers-import-kuvera\/"},"author":{"name":"Neelabh Sanyal","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/person\/b8d96f4a6b8190ab4c5a539b1af5a3d8"},"headline":"Confused by Scheme Mergers: Import portfolio into Kuvera","datePublished":"2018-06-23T06:29:31+00:00","dateModified":"2019-12-11T07:38:23+00:00","mainEntityOfPage":{"@id":"https:\/\/kuvera.in\/blog\/scheme-mergers-import-kuvera\/"},"wordCount":279,"commentCount":2,"publisher":{"@id":"https:\/\/kuvera.in\/blog\/#organization"},"articleSection":["Investment Advisor"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/kuvera.in\/blog\/scheme-mergers-import-kuvera\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/kuvera.in\/blog\/scheme-mergers-import-kuvera\/","url":"https:\/\/kuvera.in\/blog\/scheme-mergers-import-kuvera\/","name":"Confused by Scheme Mergers: Import portfolio into Kuvera - Kuvera","isPartOf":{"@id":"https:\/\/kuvera.in\/blog\/#website"},"datePublished":"2018-06-23T06:29:31+00:00","dateModified":"2019-12-11T07:38:23+00:00","description":"We have implemented Scheme Mergers to preserve historical transaction information for easier analysis. Each of your historical transaction in the Old Scheme has gotten updated as if it was a transaction in the New\u00a0Scheme.","breadcrumb":{"@id":"https:\/\/kuvera.in\/blog\/scheme-mergers-import-kuvera\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/kuvera.in\/blog\/scheme-mergers-import-kuvera\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/kuvera.in\/blog\/scheme-mergers-import-kuvera\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/kuvera.in\/blog\/"},{"@type":"ListItem","position":2,"name":"Confused by Scheme Mergers: Import portfolio into Kuvera"}]},{"@type":"WebSite","@id":"https:\/\/kuvera.in\/blog\/#website","url":"https:\/\/kuvera.in\/blog\/","name":"Kuvera","description":"Wealth Management, Simplified","publisher":{"@id":"https:\/\/kuvera.in\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/kuvera.in\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/kuvera.in\/blog\/#organization","name":"Kuvera","url":"https:\/\/kuvera.in\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/cropped-cropped-kuvera-logo-dark-3.png","contentUrl":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/cropped-cropped-kuvera-logo-dark-3.png","width":83,"height":13,"caption":"Kuvera"},"image":{"@id":"https:\/\/kuvera.in\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/kuvera.in","https:\/\/twitter.com\/Kuvera_In","https:\/\/www.instagram.com\/kuvera.in","https:\/\/www.linkedin.com\/company-beta\/10456535\/"]},{"@type":"Person","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/person\/b8d96f4a6b8190ab4c5a539b1af5a3d8","name":"Neelabh Sanyal","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/person\/image\/","url":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2020\/09\/Neelabh-Sanyal-150x150.jpg","contentUrl":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2020\/09\/Neelabh-Sanyal-150x150.jpg","caption":"Neelabh Sanyal"},"description":"Neelabh is the Co-founder and COO of kuvera.in.","sameAs":["https:\/\/twitter.com\/kuverian"],"url":"https:\/\/kuvera.in\/blog\/author\/neelabh\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/posts\/1233"}],"collection":[{"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/comments?post=1233"}],"version-history":[{"count":8,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/posts\/1233\/revisions"}],"predecessor-version":[{"id":1472,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/posts\/1233\/revisions\/1472"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/media\/1464"}],"wp:attachment":[{"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/media?parent=1233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/categories?post=1233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/tags?post=1233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}