Did you know that you can track all mutual funds with PAN number? There are, in fact, several ways in which you can check your mutual funds status. With vast advancements being made in the industry, mutual funds remain popular for those of you who seek to grow your wealth. Mutual fund schemes offer diversification, liquidity, and professional management, which makes them quite an attractive option. However, it is equally important for you to monitor your mutual funds regularly so that you can remain on track and meet your financial targets.
 

In this article, we will talk about how to check mutual fund status with PAN number, the significance and advantages of PAN in mutual funds, and more.

The PAN number or the Permanent Account Number, issued by the Income Tax Department of India, is a unique 10-character alphanumeric identifier. The PAN remains an important document which is often required for financial transactions, including when you are investing in mutual funds. Your PAN is linked to any mutual fund investments you make, which makes your PAN number an important tool when it comes to tracking and managing your portfolio. Are you wondering how to check mutual fund portfolio with PAN number? Let us find out.

The PAN card remains an important document when it comes to opening a new bank account, receiving your taxable salary or professional remunerations, as well as making a mutual fund investment. So, to check mutual fund status with PAN number, you can use the following method:

1. Access the Official Website

First, you have to visit the Asset Management Company or AMC’s official website where your mutual fund investments are held. Most AMCs have an online platform where you as an investor can access and manage your mutual fund accounts conveniently.

2. Register or Log In

If this is your first time using the AMC’s online portal, you will be required to to sign up first. This will require you to input details like your PAN number, mobile number, and email address. Once registered, you will have to create a login ID and password for future access. If you are already registered, simply log in using your existing credentials.

3. Access Your Portfolio

Once you have logged in, go to the section that provides access to your mutual fund portfolio. This section is usually titled “Investor Dashboard”, or “My Portfolio”, or something similar. This is where you can view and manage your investments.

4. Enter Your PAN Number

In this portfolio section, you may be asked to enter your PAN number for verification. This step ensures that only you can access your investment information securely.

5. View Your Portfolio

Once the verification is done, you will be able to see the complete details of your mutual fund portfolio. This includes the names of the funds you have invested in, the number of units you own, the current market value, and performance data.

6. Track and Manage

Use the online portal to regularly monitor the performance of your mutual funds. The platform also allows you to make adjustments to your investments, such as buying more units, redeeming units, or even setting up new investment plans. This way, you can ensure that your portfolio stays aligned with your financial goals.

1. Consolidated Account Statement (CAS):

The CAS provides a comprehensive overview of your entire mutual fund portfolio. Issued by depositories (NSDL & CDSL) and registrars (CAMS & KFintech), it summarises all transactions across different fund houses linked to your PAN.

• Access the CAS through official websites: NSDL CAS request page, CAMS website, or KFintech website.
• Provide PAN, email address, and desired statement period (monthly, quarterly, or yearly).
• Authentication might involve a One-Time Password (OTP) to your registered email or mobile number.
• Receive the CAS via email containing details of all investments, transactions, and current portfolio value.

2. CAMS online services:

CAMS, a leading registrar and transfer agent (RTA), offers an online portal for tracking PAN-linked mutual funds.

• Register on the CAMS website.
• Navigate to "Investor Services" and select "Mailback Services."
• Enter PAN, email address, and other required information.
• Request a consolidated statement, transaction history, or specific period statements.
• Receive the requested information via registered email.

3. KFintech online services:

KFintech (previously Karvy Fintech) is another prominent RTA with online services for mutual fund investors.

• Register on the KFintech website with PAN and other required details.
• After registration, log in to view a consolidated summary of your mutual fund holdings.

4. Investment platforms and aggregators:

Several platforms and aggregators offer PAN-based mutual fund tracking. Examples include Bajaj Finserv mutual funds platform and many more.

• Register on the platform using your PAN and other details.
• Link your mutual fund investments by providing necessary authorisations.
• Access a consolidated view of your portfolio, including investment details, transaction history, and performance.

It is important to note that mutual funds PAN verification is a vital security measure. It is to ensure that you as an investor are the authorised person who gets to access your portfolio. This process of verification works as an additional layer of protection to your investments. This helps in preventing unauthorised access, and protects your mutual fund investments from potential fraud. At a time when online security is of great importance, PAN verification services are an essential measure to keep your mutual fund investments secure and confidential.

Now that you are aware of the steps involved with how to check mutual fund status with PAN number, let us also take a look at some tips for using your PAN number safely:

• Make sure that you keep your PAN number confidential. Do not share it with anyone - not even your family, closest friends, or colleagues at work.
• Use internet connections that you know are secure and trusted while you are accessing your mutual fund portfolio online.
• You have to monitor your portfolio on a regular basis, so that you would be able to identify any unauthorised discrepancies or transactions.

Tracking your mutual fund investments using your Permanent Account Number (PAN) comes with a range of benefits that can significantly enhance your investment experience. By linking your PAN to your mutual fund accounts, you gain a streamlined, secure, and efficient way to monitor and manage your portfolio. Here are some key advantages of using your PAN to track mutual funds:

Comprehensive View of Investments

When you use your PAN to track mutual funds, you gain a consolidated view of all your investments across various fund houses. This comprehensive perspective allows you to see your entire portfolio in one place, making it easier to assess your overall financial health. Understanding your portfolio holistically enables you to make more informed decisions and align your investments with your financial objectives.

Simplified Portfolio Management

Tracking mutual funds with your PAN simplifies the process of managing your investments. Instead of navigating through multiple fund house websites or dealing with separate account statements, you can view all your mutual fund holdings in a single location. This streamlined approach saves time and effort, making it easier to monitor your investments, assess performance, and make necessary adjustments to your portfolio.

Better Financial Planning

A consolidated view of your mutual fund investments, accessible through your PAN, greatly improves your ability to plan your finances effectively. By analysing the performance, asset allocation, and returns of your entire portfolio, you can identify trends and make strategic decisions. This enables you to optimise your investments and ensure they are working towards achieving your long-term financial goals.

Improved Compliance and Record-Keeping

Using your PAN to track mutual funds ensures that your investments are fully compliant with regulatory requirements. This compliance is crucial for maintaining the legitimacy of your portfolio. Additionally, it simplifies record-keeping, as all your investment data is organised in one place. This makes it easier to file your income tax returns, claim applicable deductions, and maintain accurate financial records, reducing the likelihood of errors or omissions.

To conclude, tracking your mutual fund investments using your PAN is a crucial method for managing your portfolio efficiently. This not only simplifies the process of managing your portfolio but also supports better financial planning and ensures adherence to regulatory requirements.
 

As an investor, it is essential to monitor your portfolio regularly, keep your contact details up to date, and use reliable tracking tools to stay well-informed. This approach enables you to make informed decisions, maximise your returns, and work towards achieving your financial objectives. For a more streamlined experience, the Bajaj Finserv Mutual Fund Platform offers access to over 1,000 mutual funds, providing a convenient and effective way to manage all your investments in one place. The platform additionally provides you with a mutual fund calculator that helps you compare mutual funds.