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

'To the point' kind of experience. No fancy options. Clear cut basic info. Earlier I was having issues with getting payment done, it was rejecting every time but now it is good. Best of all, you can do transactions without demat account and paying brokerage. No SIP via UPI mandate as of now.

The app is good but lots of improvement is required in the user interface. for example - 1. currently showing absolute gain/loss in portfolio but in MF XIRR is more accurate indicator of profit. so show this along with absolute value. 2. further in track status there should be an option to see completed, pending, rejected option separately. 3. it has an option for a detail report but is continuously downloading it since a month. so this needs an improvement. similary many others.

In so many years no update on this app. not yet added "showing annualized return or XIRR", weighed average days. In long investments absolute gain mean nothing. please add some analysis on portfolio. please add ongoing SIP Information and last six month transactions atleast.

What’s new

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