How to generate a Common Account Statement for all your mutual fund holdings?

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How to generate a Consolidated Account Statement (CAS) for all your mutual fund holdings?

by Rajeev Pathak



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As we know that at present there are two RTAs (Registrar & Transfer Agents) to serve the entire mutual fund industry. You may recall that earlier there were two more RTAs namely Sundaram and Franklin Templeton, serving mainly Sundaram AMC and Franklin Templeton India Investment Services. Both AMCs have since handed over their RTAs operations to Kfintec & CAMS RTAs respectively. As such now, investors have to approach either Kfintec or CAMS (Computer Age Management Services) for any task related to their investment in mutual funds. If you have your investment in various AMCs, you have to visit the office/websites of both RTAs as some AMCs are serviced by Kfintech while others are by CAMS.

In addition to this, there are platforms provided by respective AMCs (Asset Management Companies), Mutual Funds Utility (MFU), Bombay Stock Exchange & National Stock Exchange.  In this post, we will learn How to generate a Consolidated Account Statement (CAS) for all your mutual fund holdings?

Now at the instance of SEBI (Securities & Investment Board of India), the whole industry has come together and launched a common platform to service mutual fund investors irrespective of RTA and AMC. The name of the platform is Mutual Fund Central. 

Mutual Fund Central platform provides a PAN-based facility. You will be able to view the valuation of your entire investment portfolio and also generate statements for folios registered under your PAN. This facility will include your mutual fund holdings whether in Demat or in physical form.  

In the following paragraphs, we will discuss step by step process to register at MF Central platform:

How to register at MF Central?

  • Go to mfcentral.com and choose to Sign up.
  • Put your PAN number.
  • You will receive OTP (One Time Password) on your registered mobile number (RMN). Please importantly note that at present the platform supports only Indian mobile numbers.

As an additional security layer, the platform has introduced a 2-factor login system. You have to answer five questions related to you. These questions may be like this. It is better if you frame answers to such questions beforehand to save time during the signing up process:

Hint Questions: 

  • What is your first mobile brand:  
  • What was your first car/bike:  
  • Which city you were born in: 
  • What is your favorite food:  
  • Where did you go to High School/College: 

Next time when you log in, the system will ask for replies to questions from such a saved list only. Please note these questions are given only for illustration purposes and not comprehensive. 

Once logged in successfully, you can view your portfolio at a glance. You can also generate a Consolidated Account Statement (CAS).

Services available at MF Central:

The platform will implement more facilities in phases. At present, it provides the option for Service Requests for transactions initiated at their platform. Services presently available are:

  • View your Portfolio & CAS,
  • Change in bank details,
  • Registration of Multiple Bank Accounts,
  • Modifying Bank IFSC code
  • Change in IDCW (Income Distribution & Capital Withdrawl) option,
  • Change in Contact details,
  • Change in Registered Mobile Number (RMN),
  • Submission of Form 15G/15H,
  • Nomination details- New & modification,
  • FATCA Declaration
  • Transaction status and so on.

Please importantly note that at present, the common portal facility is available to only resident individuals. As such, NRI investors will not be able to access MF Central platform. They may continue to use their present systems of getting statements or making any service requests.

You may also like to read, How to identify the best tax saving fund in 2021-22. 

Another related article by the author, Financial Planning for Sr. Citizens

If you have any questions, you can visit the FAQ section at the site or write to us. You may also share this information with your friends and relatives for their benefit through the SHARE button given below this blog post. Your feedback/suggestions are welcome in the Comment Box.


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