PAN CARD UPDATE: A PAN card is considered an essential document. Without it, financial transactions are jeopardised. Investors often face difficulty tracking mutual fund investments across different platforms. If you’re struggling to keep track of all your investments, a PAN card can be helpful.
With just your PAN card, you can view all your mutual fund investments in one place, regardless of the fund house. Tracking mutual funds using a PAN card is also essential. The process is simple, fast, and reliable.
The PAN card links all investments together, making it easier to identify and track all investments. Mutual fund KYC must be completed before tracking can begin. Failure to do so can lead to difficulties. Therefore, get this done first.
How much does a PAN card play in mutual funds and investments?
The PAN card is a unique number. It connects all your mutual fund schemes.
Identity verification (KYC) is required for investing in mutual funds.
You can view all your funds in one place using your PAN card.
If you change your address or mobile number for some reason, updating your PAN-linked KYC automatically updates all your investment records.
How to Check the Status of a PAN Card
Checking the status of your mutual fund using your PAN card is very easy.
Use a service like CAMS or KFintech, which handles records for most fund houses.
Then enter your PAN number and verify the OTP via your mobile number or email.
After verification, you will easily receive a Consolidated Account Statement (CAS). It will display all your investments.
This process also explains how a single PAN number connects all your investors.
How to Verify Your PAN Card for Mutual Fund Tracking
To do this, first go to CAMS or KFintech to check if all your investments are visible.
Then, update any missing records.
If a fund is not visible for some reason, you’ll need to contact the fund house to link your PAN.
Your PAN will only be valid on KYC if your KYC is complete and up-to-date.