Wednesday, June 8, 2022
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MFCentral – Track Mutual Funds in one place

How to track mutual funds in one place continues to be one of the top reads on the Unovest Blog. If you have been with Unovest since a few years, you may remember the app that allowed you to do that and presented some simple, awesome reports.

Sad, we had to discontinue it. One of the reasons was the proliferation of so many new mutual fund platforms that did the same thing and some, in fact, better.

Interestingly, in the year 2021, one more platform came up with a far more seamless experience.

This is – a joint initiative by the 2 mutual fund registrars – CAMS and KFintech.

Have you signed up for the Online Session?

Our next virtual session “How to go MarketLess in 2022” to talk about money, investing, money mindset, portfolios, markets, mutual funds, interest rates, inflation is going to be on Saturday, April 9, 2022 from 10:30 am to 12:30 pm.  Register here.

What’s different about

The biggest one is that there is no need to upload any PDF statements or Excel/CSV files.

Since MFCentral is run by both the registrars, they already have all the information about your investments made in the mutual funds serviced by them.

As soon as you create your account and login, it uses the PAN to bring up all the investments in your name (demat and non demat) and show them to you instantly.

It feels awesome!

Remember, if PAN is not mapped to the folio, it will not show up.

What else can be done on

Well, MFCentral really pushes the envelope by taking a whole host of services digital.

Want to update a nominee in your mutual fund folio?

Want to update contact details?

Consolidate your folios?

You can do it online without paperwork.

Some of the services may need additional but minimal documentation.

Who can create account on

Currently, only Resident individuals with a registered mobile number in their existing fund investments can create a account.

In other words, corporates and Non Residents cannot access As per the website, they will be allowed at a later date.

What kind of reports can I view on MFCentral?

  • Portfolio Summary Report with absolute gain/loss. (Annualised return feature is not available)
  • Capital Gain/Loss Report
  • Transactions Report
  • Asset Allocation (based on SEBI/AMFI categorisation – doesn’t reflect true allocations)

Can I also buy or sell on

Currently, no. It is expected to be available in the future.

How do I create an account on MFCentral?

Go to and click on SignUp at the top right corner. See image below.

Enter the PAN and registered mobile number/email to create your account.

If you don’t have a registered mobile number with your mutual fund investments, you cannot create an account.

More FAQs here.

This was a brief overview of MFCentral. I suggest that you go and create your account and explore it further.

The biggest benefit of MFCentral is that you can track your mutual fund investments in one place.

The cherry on top is the other services you can use in digital mode.

I hope that platform goes further to become a full fledged option for investors to track, invest and manage their investments.



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