How To Track Your Mutual Fund Investments (2024)

Synopsis

In order to keep your portfolio up to date, you need to review it periodically. And this is how you can do so.

How To Track Your Mutual Fund Investments (1)

It’s easy to get overwhelmed by the information overload that is freely available on the Internet, making it important to know where to begin. This is where a financial advisor plays a crucial role. They can partner you in your investment journey to help keep track of your investment portfolio, and at the same time, offer sound financial advice. Also, CAS or consolidated account statement is issued on a monthly basis which provides a consolidated view and valuation of all your mutual fund investments across fund houses for those folios/accounts wherein unit holders are identical and a financial transaction has been carried out during a month, under your PAN number. Investors having MF investments and holding securities in Demat account shall receive a single Consolidated Account Statement (CAS) from the Depository.

However, it is interesting to note that the convenience of transacting online just at the click of a button has entered the financial services space as well. You can now track your investments yourself, with the various apps and portfolio trackers available, thus allowing a hassle free and safe view of your investments. You can also visit the AMC’s websites to know the current performance of your investments.

Do remember that however you choose to track your investments; it is prudent to review your portfolio at periodic intervals to ascertain whether it is meeting your financial goals and is in sync with your risk appetite and investment time frame. Also, it is important to keep your bank and personal details or KYC up-to-date with the fund house.

An engaging investor initiative is available from the Association of Mutual Funds in India (AMFI), via the ‘Track your MF Investments using Fund Fact Sheets’ on the AMFI website. You can refer to the links therein, for detailed information across various asset management companies (AMCs).

An investor education initiative.

Visit www.icicipruamc.com/note to know more about the process to complete a one-time Know Your Customer (KYC) requirement to invest in Mutual Funds. Investors should only deal with registered Mutual Funds, details of which can be verified on the SEBI website www.sebi.gov.in/intermediaries.html. For any queries, complaints & grievance redressal, investors may reach out to the AMCs and / or Investor Relations Officers. Additionally, investors may also lodge complaints on https://scores.gov.in if they are unsatisfied with the resolutions given by AMCs. SCORES portal facilitates you to lodge your complaint online with SEBI and subsequently view its status.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

How To Track Your Mutual Fund Investments (2024)

In order to keep your portfolio up to date, you need to review it periodically. And this is how you can do so.

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