MF Central: Complete Guide for Mutual Fund Investors in India
In today’s digital age, managing multiple mutual fund investments across different Asset anagement Companies (AMCs) can become complicated. To solve this problem, the mutual fund industry launched MF Central, a centralized mutual fund platform in India.
Developed jointly by CAMS and KFintech, MF Central allows investors to view, manage, and track all their mutual fund investments in one place using just their PAN.
In this guide, you will understand everything about MF Central, its features, what investors can do, and its limitations.
Also Read: List of Mutual Funds managed by CAMS and KFinTech
What is MF Central?
MF Central is a unified, industry-wide platform created by CAMS and KFintech to simplify mutual fund investing. It offers a single dashboard for investors to:
- Track mutual fund holdings across different AMCs
- View both Statement-of-Account (SOA) and demat-mode investments
- Submit service requests
- Eventually, execute financial transactions (buy, redeem, switch) via the platform
Key Features of the MF Central Platform
Here are the core features that make MF Central valuable for mutual fund investors in India:
- Consolidated Portfolio View
- One can view all mutual fund holdings (across AMCs) from one place, including scheme-wise break-up, gains/losses, and folio details.
- Consolidated Account Statement (CAS) can be accessed via the portal.
- Online Mutual Fund Transactions
- Invest in mutual funds via lump-sum.
- Start, modify, or cancel SIPs.
- Redeem or switch mutual fund units.
- Set up or cancel STP / SWP.
- SIP and Mandate Management
- Create, modify, or cancel SIP mandates.
- Manage auto-debit mandates via bank/NACH.
- Folio & Nomination Management
- Consolidate multiple folios under one PAN.
- Update or add nominee details.
- Add, remove, or modify bank account linked to your folios.
- Statements & Reports
- Download capital gains statements, transaction history, and account statements.
- Useful for tax filing and portfolio analysis.
- Service Requests
- Submit non-transactional requests, like updating contact information, changing address, etc.
- Raise folio-related queries easily via the platform.
MF Central centralizes mutual fund execution and portfolio tracking for investors.
What Is Not Possible Through MF Central
While MF Central is powerful, it has some important limitations. Investors should be aware of what cannot be done — or where the platform may not offer full support.
- No Advisory or Goal Planning Tools
- MF Central is strictly an execution + tracking platform; it does not provide personalized investment advice, goal-based planning tools, asset-allocation guidance, or risk-profiling.
- Not for Non-Mutual Fund Products
- You cannot use MF Central to transact in non-MF products like equities, bonds, insurance, PPF, NPS, etc.
- Offline / Legacy Transactions May Be Required
- For certain service requests — such as change of unit-holder name, transmission upon death, or change of ownership — offline forms may be needed.
- Limited Support for Demat-Mode Mutual Funds
- MF Central can display mutual fund holdings held in a demat account (via NSDL / CDSL). However, transactional functionality (like redeeming, switching, or placing SIPs) for those demat-held mutual funds is not supported.
- This means if you have mutual funds in a demat account (via broker/DP), you might not be able to execute any financial transactions through MF Central; instead, you may have to rely on your broker or DP for redemptions or other changes.
Who Should Use MF Central?
MF Central is most suited for:
- DIY investors managing multiple mutual fund accounts
- Investors who prefer a single dashboard for all their mutual funds
- People looking to streamline their mutual fund reporting and tracking
- Long-term mutual fund investors who want consolidated views + easy statement downloads
However, if major parts of your portfolio are demat-held MFs, you should be mindful of the limitations mentioned above.
Final Thoughts
MF Central is a significant leap forward in making mutual fund investing more transparent, efficient, and user-friendly for Indian investors. By offering a consolidated view, digital transactions, and centralized service requests, it helps reduce the fragmentation many investors face with multiple AMC platforms.
That said, it doesn’t replace financial advice — and for demat-mode mutual funds, it may not support all transaction types. So, use it as a powerful execution and tracking tool, while continuing to consult your financial advisor for goal planning and strategic decisions.
Frequently Asked Questions
MF Central is a centralized digital platform for mutual fund investors in India, developed jointly by CAMS and KFintech, to manage and track all mutual fund investments in one place.
Yes, MF Central is completely free for investors. There are no charges for viewing holdings, downloading statements or making transactions.
Yes, investors can purchase mutual funds through MF Central across all AMCs using Net Banking, UPI or mandate-based payments.
Yes, MF Central allows investors to start, modify, pause and cancel SIPs for mutual fund folios held in non-demat (SOA) mode.
Yes, you can redeem mutual funds from MF Central only if the units are held in non-demat (SOA) mode. Mutual funds held in demat form must be redeemed through your broker or depository participant.
MF Central can display mutual fund holdings held in demat mode, but currently does not support transactions like redemption, switch, or SIP for demat-mode holdings.
Yes, investors can update bank details, nominee information, mobile number and email ID through MF Central, subject to verification by the respective AMC.
No, MF Central does not provide investment advisory services. It is only a mutual fund transaction and servicing platform.
MF Central is a unified platform combining services of both CAMS and KFintech, saving investors from visiting multiple registrar portals.
Yes, MF Central follows SEBI guidelines and uses OTP verification and encrypted architecture to ensure investor data security.
By: Vishal Shah, SEBI Registered Investment Advisor and founder of Bachhat
November 25, 2025
Disclaimer: This is not a financial advice and the readers should reach out to registered investment advisors for any financial advice. Registration granted by SEBI, membership of BASL and certification from National Institute of Securities Markets (NISM) in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
