How should I track mutual fund portfolio – across schemes and AMCs – in one place? This has been a common problem expressed by many investors.
If you happen to have investments in just 4 mutual funds, that is, HDFC, Quantum, Sundaram and Franklin Templeton, you are going to have an interesting time tracking all these investments with multiple folios in one single place.
Add to that investments in the name of family members and you have got a multiplication of your tracking problems.
Is there a solution?
Of course, there is.
All you need to ensure is that your email id is registered with your mutual fund investments.
Here is a step by step process of how you can do this.
Step 1: Download the consolidated account statement from CAMS
If you have registered an email address in your folios across funds serviced by CAMS, Karvy, FTAMIL (Franklin) and SBFS (Sundaram BNP), you can use the CAMS Mailback Service to obtain a consolidated PDF Account Statement at your registered email address.
Please note that only the CAMS consolidated statement PDF can be used to make this work.
Visit the following link: http://www.camsonline.com/InvestorServices/COL_ISAccountStatementCKF.aspx
If the link doesn’t work, see the following video for an alternative path to download the statement.
You will see a screen like this.
Select the various fields as suggested in the image and press submit.
You will receive a consolidated account statement in your email.
Please note: For reasons of security the statement will be encrypted using the password provided by you, and emailed only to the address provided earlier in your application form.
This service is linked to your email id. If you do not have your email id registered in your mutual funds, those transactions will not appear.
If you do not have an email registered with your mutual fund, here’s how to do it.
In case you registered multiple email ids for different mutual funds, then you have to download separate statements using each of the email ids.
Step 2: Upload and track mutual fund portfolio
Now, you can use several mutual fund platforms (new age fintechs) to upload this statement and see reports of performance, transactions and capital gains.
Another alternative that has emerged recently is that of MFCentral.com. It is an initiative of the 2 mutual fund registrars – CAMS and KFintech.
Actually, it is much easier to see all your holdings there. Read this note to know the details.