MFCentral Mutual Fund App

Computer Age Management Services Ltd

About this app

Introducing India’s First All-in-one Investment Management Platform to Transform the Mutual Fund Industry
MFCentral is the investor services hub conceived by CAMS & KFintech powering a new era of collaboration by providing convenience to transact across all folios of an investor with unparalleled user experience.
MFCentral is introduced as a unified platform for all your Mutual Fund related needs. This is a Mutual Fund Industry initiative to minimize the need to visit multiple industry players to access your portfolio, statements, Service Requests, and investments.

KEY FEATURES

MFCentral will cover all your Mutual Fund Folios having the same PAN/PEKRN and Registered Mobile Number. Portfolio coverage will be offered across all such Folios in Demat or Non-Demat forms. However, Service Requests are currently restricted to only your Non-Demat Holdings that are originated using MFU (Mutual Funds Utility).

Managing your service requests can’t get any simpler!
• My Portfolio - Fund house wise & Asset class-wise details (SoA & DEMAT holdings)
• Service Requests:
Change of IDCW Option
Change/Update Email Address
Change Registered Mobile Number
Consolidation of Folios
Correction of erroneous data captured in Folio
Change of Bank Account Details
Multiple Bank Mandate Registration
Update Nominee Details
Update Bank IFSC
Change of Tax Status (Resident Indian / Non-Resident Indian)
Transmission Request
FATCA/CRS Declaration
Status Modification from Minor to Major
Update Form 15 G/H Details

• Track Status
• Unclaimed Payouts
• Consolidated Account Statements

Your personal and investment data currently resides with the Registrar and Transfer Agents (RTA) and is absolutely safe with them. MFCentral is a collaborative effort that only populates the data as available in the RTA system. All such sensitive information is as secure as they were before MFCentral. A very limited log-in credentials-related information is stored in MFCentral in a highly secured environment.

Ratings and reviews

Was trying out some new "Mitra" feature and it didn't look helpful. But while clicking on back, it took me to the login page and now I can't login as it gives error that an active session is there. Can't go back to active session, can't login from web either. Seems many have fallen into this pitfall. And no support exists. What a disastrous app.

Overall: Average experience. Pros: 1) We can view all our funds in single place. 2) Many useful services like SIP, Update Bank, Update Nominee etc. Cons: 1) Sometimes I get wrong transaction status (shows 'in progress' even days after the transaction is success) 2) No customer care contact no. We need to mail them & wait days for days. If anything goes wrong, we can't expect any support. This is a big headache. 2) No transparent timelines specified for their services or addressing complaints.

Extremely bad user experience in the name of security. Firstly it doesn't allow login from both laptop and mobile at the same time. secondly when I finally logged in from mobile I got an error "too many accounts login from this device" but in reality I am logging in first time. These guys should first go through the app experience of Fintech and learn how to design a decent user experience and incorporate those learnings instead of building a third class app

What’s new

All-in-one Investment management platform, brought to you by CAMS & KFINTECH