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I get many requests from
friends and colleagues about how to track mutual fund investments carried out in
the past and lost track of since then. In
some cases, they do not even know which mutual fund scheme they have invested
in.
An investor can have investment
in numerous mutual fund schemes of several mutual fund companies over a period
of time. Though one receives transaction
statements and annual statements via email / post from such mutual fund
companies regularly, these statements are fund specific. In order to analysis all mutual fund
investments, one needs to consolidate all such statements received. Thus it becomes difficult to keep track of
all the investments made with various mutual fund companies, their current
status and calculate profit or loss on the same.
Mailback
Services
Here the mailback services
offered by CAMS and Karvy come handy.
These two transaction processing companies provides gamut of mailback
services to enable investors to keep track of mutual fund investments. The good thing about these services is it requires only an email id which
is registered with mutual fund company. By
specifying the registered email id, one can obtain transaction details of all mutual fund schemes linked to the registered email id. One can also track investment through PAN
Number or Folio Numbers.
Services
provided by CAMS:
1. Consolidated
ActiveStatement / Account Statement: By providing the registered email id, one
receives the details of all the transactions link to that email id. Consolidated ActiveStatement is interactive
wherein one can click and view the transactions carried out and check portfolio
composition. One can also redeem,
purchase or do any other transaction from the Statement itself by clicking on
the link provided. Consolidated Account
Statement is PDF file which list down all the transactions carried out over the
specified period.
2. Consolidated
Portfolio Statement: This provides portfolio
details about the mutual funds managed by CAMS.
It gives the cost, market value and return details.
3. Consolidated
Realised Gains Statement: In case one has sold any
mutual fund investment, this statement provides the details about the profit
made on such investments and also calculate the capital gains on such
investments.
4. Consolidated
Transaction Details: Similar to Consolidated Account Statement,
however here the statement is provided in excel format to carry out analysis /
reporting.
5. Single
Folio Account Statement: In case one has not registered any email id, one
can obtain folio statement by specifying the folio number.
Karvy also provides similar
mailback services for mutual fund managed by them.
Click here for CAMS mailback
services.
Click here for Karvy mailback
services.
These services are extremely
useful for a mutual fund investor and one can keep track of past as well as
existing mutual fund investments through these services.
Have you used any of the
above mailback services till date? Do
you find these services useful? Share your
comments on these services below.
End note:
Consolidated Account Statement gives listing of all mutual fund
investments irrespective of whether it is managed by CAMS or Karvy. However, all other reports are limited to mutual
fund managed by these agencies. For
eg: CAMS site shall provide report of
only those mutual funds which are managed by CAMS. Hence one need to check which agency covers
the mutual fund one has invested in and obtain the report accordingly. The listing of mutual funds managed by CAMS
and Karvy is as follows:
|
CAMS managed mutual funds
|
Karvy managed mutual
funds
|
|
AIG Mutual Fund
|
Axis Mutual Fund
|
|
Birla Sun Life Mutual Fund
|
Baroda Pioneer Mutual Fund
|
|
BNP Paribas Mutual Fund
|
Goldman Sachs Mutual Fund
|
|
DSB Blackrock Mutual Fund
|
Bharti Axa Mutual Fund
|
|
Fidelity Mutual Fund
|
Canara Robeco Mutual Fund
|
|
HDFC Mutual Fund
|
Daiwa Mutual Fund
|
|
HSBC Mutual Fund
|
Edelweiss Mutual Fund
|
|
ICICI Prudential Mutual Fund
|
Franklin Templeton Mutual Fund
|
|
IDBI Mutual Fund
|
JM Mutual Fund
|
|
IDFC Mutual Fund
|
LIC Nomura Mutual Fund
|
|
IIFL Mutual Fund
|
Mirae Assets Mutual Fund
|
|
ING Mutual Fund
|
Morgan Stanley Mutual Fund
|
|
JP Morgan Mutual Fund
|
Motilal Oswal Mutual Fund
|
|
Kotak Mutual Fund
|
Peerless Mutual Fund
|
|
L&T Mutual Fund
|
Pramerica Mutual Fund
|
|
SBI Mutual Fund
|
Principal Mutual Fund
|
|
Tata Mutual Fund
|
Quantum Mutual Fund
|
|
Union KBC Mutual Fund
|
Religare Mutual Fund
|
|
|
Reliance Mutual Fund
|
|
|
Sahara Mutual Fund
|
|
|
Tata Mutual Fund
|
|
|
Tarus Mutual Fund
|
|
|
UTI Mutual Fund
|
