PAN Card– Many investors struggle to track their mutual fund investments across different platforms. If you’re also struggling to keep track of all your investments, a PAN card can help. With just your PAN number, you can view all your mutual fund investments in one place, regardless of the fund house.
Why is it important to track mutual funds using PAN?
Tracking mutual funds using your PAN is easy, fast, and reliable. PAN links all your investments together. This also highlights the importance of a PAN card in investing, as it makes it easier to identify and track all your investments. Before you start tracking, make sure your mutual fund KYC is complete. If not, update your KYC first to avoid any problems later.
Role of PAN in Mutual Fund Investments
PAN is a unique number that links all your mutual fund schemes. Its key benefits are as follows:
Mutual Fund KYC: PAN is required for identity verification (KYC) before investing.
Investment Tracking: With PAN, you can view all your funds in one place.
Accuracy of records: If you change your address or mobile number, all your investment records get automatically updated when you update your PAN linked KYC. The importance of PAN card is that it keeps your entire investment portfolio organized and easily accessible.
How to check mutual fund status by PAN number?
Checking your mutual fund status using your PAN is very easy. Follow the steps below:
- Visit a trusted website: like CAMS or KFintech, which maintain records of most fund houses.
- Fill in the details: Enter your PAN number and verify the OTP through mobile number or email.
- View Statement: After verification, you will get a Consolidated Account Statement (CAS), which will show all your investments.
- This process explains how a single PAN number links all your investments together.