Today, there are several options available for you to transact online in mutual funds. However, there is a unique facility that you should definitely use for your MF holdings. I am talking about the Common Account Number or CAN. The CAN is issued by MF Utilities or MFU, a mutual fund industry initiative. A CAN comes with several […]
eCAN – Why the delay?
If you have applied for e-CAN lately, you might be facing problems. The confirmation and activation of your eCAN is pending for weeks sometimes. You are not sure why is this happening. From your side, you have submitted all the information and the required documents. You have also received the provisional CAN. But you cannot transact with a […]
Direct Plans of Mutual Funds – all that you want to know
Investing in direct plans of mutual funds are suddenly a hot topic of discussion. Every mutual fund investor wants to know what direct plans mean and how they invest in these direct plans of mutual funds. This post attempts to bring out the frequently asked questions and possible answers on these plans. Be ready to get more informed. What is the […]
Common Account Number for Mutual Funds – You CAN do it!
Life without a Common Account Number Rohit wrote to me recently asking for advice on his mutual fund portfolio. He shared with me an excel sheet that he used to track his investments. It had the names of the funds, the folio numbers, in whose name the holding was, the broker who had facilitated the transaction, amount invested and units. […]
