SEBI registered Investment advisor (RIA) with Registration number – INA 000000342.

What you do if you require the details of your mutual fund investments for a review. What if you want to calculate the capital gains of the last year to find out your tax liability?

You will ask your agent to get the details. Not required anymore. You can get all these details online within minutes and it is free!

Yes you can get it online from CAMS or Karvy.

Mutual Fund Details Statement Online

What is the role of CAMs and Karvy in Mutual Fund?

As an investor you will be doing many transactions like buying, selling, switching units etc. You may do other activities like change of address, change in bank account details etc. Your fund house is supposed to maintain records of all these upto date.

But fund houses don’t want to do these jobs, which are purely clerical in nature. So, they have outsourced such non core activities to an entity called Registrar and Transfer agent (R & T agents). R & T agents maintain these records on behalf of the fund house, through offices across the country. These offices act as a single point window for the mutual fund investors to deal with multiple fund houses. This helps the fund houses in reaching to investors across the country without opening additional branches. As an investor you can do almost all transactions at the office of the R & T agent. Investors can invest, redeem and switch your investments in these offices. You need not visit individual fund houses.

These services are free for you because the fund house will be paying them for these services.

Computer Age Management Services (CAMS) and Karvy are the most popular R & T agents in India. Each fund house is utilizing the services of any of these R & T agents. Franklin Templeton Asset Management (I) limited (FTAMIL) and Sundaram BNP Paribas Fund Services (SBFS) are the other two R & T agents.

Mutual Funds serviced by CAMS

The following fund houses are using CAMS as the R & T agent and you can contact CAMS offices for any services pertaining to these funds. CAMS will act as single contact point for all the below fund houses.

  1. AIG
  2. Birla SunLife
  3. BNP Paribas
  4. DSP Black Rock
  5. L & T
  6. HDFC
  7. HSBC
  8. ICICI Prudential
  9. IDFC
  10. India Info line (IIFL)
  11. ING
  12. JP Morgan
  13. Kotak Mahindra
  14. SBI
  15. Tata
  16. Union KBC
  17. PPFAS
  18. Pinebridge

Mutual Funds Details serviced by Karvy

The following fund houses are using Karvy as the R & T agents.

  1. Axis
  2. Benchmark
  3. Baroda Pioneer
  4. Canara Robeco
  5. Edelweiss
  6. JM
  7. LIC Nomura
  8. Mirae Asset
  9. Morgan Stanley
  10. Principal
  11. Peerless
  12. Quantum
  13. Reliance
  14. Religare
  15. Sahara
  16. Taurus
  17. UTI
  18. Pramerica
  19. Bank Muscat
  20. Tata (select funds)
  21. IDBI

Mail back services offered by CAMS and Karvy

Consolidated Account statement – CAMS + Karvy + FTAMIL + SBFS

The R & T agents have come together to provide this facility to investors. If you have registered your email address while investing, you can request for this consolidated statement. You will get the statement in PDF format within minutes in the email address already given in the application form while investing. For security reasons, the statement will be encrypted using the password provided by you.

You can click on the below link now and get these details to your in box within minutes.

https://www.camsonline.com/InvestorServices/COL_ISAccountStatementCKF.aspx

Consolidated realized Gain Statement – CAMS serviced fund

This statement will provide your realized gain for current and previous financial year and will be useful for the tax calculation. This will contain all withdrawals made by you, realized gain/losses segregated as short term and long term for taxation purpose. You will get the capital gain/loss with indexation benefit also. If you are doing systematic transfer, this statement will be useful to calculate your tax liability.

Please click on the below link now and get your consolidated gain statement across all funds serviced by CAMS.

https://www.camsonline.com/InvestorServices/COL_ISGainStmt.aspx

Capital Gain statement – Karvy serviced funds

Here, you require the folio number to get the capital gain statement. If you are not having the folio number, you can first request for an account statement. After getting the statement with folio number, you can request for a capital gain statement. If you have the folio number with you, try the following link now to get this statement within minutes.

https://www.karvymfs.com/karvy/InvestorServices/PortfoilioDetails/Invcapitalgains.aspx

Consolidated Active Statement – CAMS serviced funds

This statement is much more than a statement. This gives you in a single form your transaction details, asset allocation etc across all CAMS serviced funds. You can update your details in your accounts through this option. Please clink on the below link to experience this facility from CAMS.

https://www.camsonline.com/InvestorServices/COL_ISActiveStatement.aspx

So, why are you waiting for? Request for your statements and update your records now. All you have to ensure is to update your email address in all folios. If you have not updated this at the time of investing, you can update this now by giving a written request to the R & T agent quoting your folio number. These facilities will be helpful, if you are investing in direct plan of mutual funds without agents.

 

4 Comments

  • SUSHIL SINGH Posted July 19, 2014 11:19 am

    Need to know that the dividend income on Mutual fund – ELSS, EQUITY are tax free or taxable. do we need to show in the IT return filing, I have not been doing so. where as fixed deposit interest is being show in the return as per norms , interest below 10K benefit, and above 10 k the tax…. please advice back.

    • Melvin Joseph Posted July 31, 2014 4:18 pm

      Dividend income is tax free. You can show these as exempted income in the IT return. Fixed deposit interest is fully taxable while interest from SB account upto 10,000 in a year is tax free.

  • Biju MG Posted March 11, 2015 7:39 pm

    I had started SBI Gold fund (G) three years ago as a long term investment for my girl child. At that time I was a beginner in mutual fund. Now I have acquired the basic knowledge about it. I need advice in three aspects about this fund. First, is it advisable to continue in this fund considering the continuing trend of gold in india given the latest steps by govt.? Secondly why this fund is not CRISIL rated? Finally, why Gold and SENSEX go in opposite direction? I mean when market was at its low Gold fund shines and vice versa.?
    Thanks

    • Melvin Joseph Posted March 17, 2015 6:35 pm

      Dear Biju, You should not plan for your daughter’s needs entirely through Gold fund. Gold will give only average return in the long term. I suggest you invest through diversified equity mutual funds for the long term goals. Gold fund can be around 10% of your allocation. It will be volatile in the short term. CRISIL have their own criteria for rating, which I am not sure. Yes, normally, when the equities perform well, people will sell gold and invest in equities and Vice versa.

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