Mutual fund tracker: The PAN card is no longer a document to file tax. Due to technical and regulatory changes, it has become the central identity medium of every activity, from investment to property, banking and financial records. Especially the monitoring of mutual fund investment has now become easier than ever, only through PAN number.
All investment on the same platform
Investors can now see information about all their mutual fund investment through the instructions of the Securities and Acts Board of India (SEBI) and technical facilities like CAMS, KFINTECH, MF Central through Consolidated Account Statement (CAS). This statement covers all the fund houses and schemes related to your PAN. Even if you have done SIP, Tax Savings or Lumpum Investments through different AMCs.
How to invest track?
Investors can select the ‘Request CAS’ or ‘View Portfolio’ option by visiting the website of CAMS Online, KFINTECH, MF Central, NSDL or CDSL. After this, you can verify PAN number, registered email or mobile and date of birth and verification from OTP. The report can be seen online immediately or ordered on email. Users can also decide whether they need this report once or regularly every month.
What will be seen in CAS?
- In which scheme and how much investment was made.
- Existing units and their value.
- Position of active SIP.
- Returns so far
- Tax and capital gains status
This not only makes investment monitoring easier, but also helps in tax planning and portfolio analysis.
What to do if you do not see investment in the report?
If any investment information is not visible in the CAS, then it is possible that the investment is related to another PAN. If your KYC is incomplete, this problem can still occur. In this case, investors can update the EKYC process from Aadhaar by visiting the portal of CAMS or KFINTECH.
Also read: SIP Calculator: Investment of ₹ 5000 every month; How much money will be in the pocket after 5, 10 and 15 years?