Overview

MF Utility for Distributors / RIAs

MF Utility (MFU) is an innovative initiative from the Mutual Fund Industry which offers convenience to Distributors / RIAs of Mutual Fund schemes. MFU facilitates the distributors / RIAs with online access to submit investor transactions thereby improving the service capability of distributors / RIAs by providing efficiency in handling transactions at their back office with substantial cost savings and also a potential for extended internal cut-offs.

MFU provides a 24x7 universal online access across Mutual Funds with improved visibility to distributors / RIAs with regard to the subscription and redemption requests of their investors, improved MIS and access to validated information and content.

MFU facilitates the investors of the Distributors / RIAs with a Common Account Number (CAN) which enables them to transact in multiple schemes of various Mutual Funds participating in MFU through a single transaction and consolidated payment. This reduces the duplicity of efforts for the investors or distributors / RIAs themselves as they essentially advise the clients to diversify their investments across Mutual Fund schemes.

To register with MFU, please Click Here to Signup online or fill, sign and send the Sign-up Form to MFU Office.

With a view to improve performance and enhance the high availability of MFU System, it has been decided that transactions older than the previous Financial Year i.e., transaction data prior to 1st April 2022 will be archived on 18th April 2023. * * * “If you have any dispute against a listed company and or its Registrar and Share Transfer Agent (RTA) on delay or default in processing your request, as per SEBI circular dated 30.05.2022, you can file for arbitration with Stock Exchange.” For more details, please see the web links of the stock exchanges: BSE - http://tiny.cc/m1l2vz NSE – http://tiny.cc/s1l2vz * * * Please ensure to validate your Nomination Details registered under CAN. Click here to complete the validation if not already done. * * * Please ensure to verify your Contact Details registered under CAN. Click here to complete the verification if not already done. * * * Check out the Videos about MFU and the features offered. * * * Explore the new and improved Schedule Transactions feature using which you can register a Scheduled Purchase Plan (SPP), Scheduled Redemption Plan (SRP) and Scheduled Switch Plan (SSP) * * * Download the MFU Mobile App Distributor Mobile App goMF available for Android and IoS * * * Use the Connect menu on the top menu bar to lodge a Complaint / Query / Feedback. * * * MPIN / Touch ID based authentication is now enabled on the goMF app. Please update the App to start using this feature.