Where to store your Mutual Funds and SIP's?

[praful47]

There was one famous case, user bought mf from groww and at the time of redemption he came to know that holding is zero...he shared mf statement also

So which app would be best ?

 

[sunit123]

So which app would be best ?

I am using mf utility from last 7 years and never faced any issue

 

[cardio_guycardio_guy is verified member.]

OK so by now I think OP would have got an idea of where to save MF units and all.

I am adding a comment here based on my recent experience. As we all know there are many apps to see our portfolio and see the MF performance.

• Starting with AMC apps - we can see only the AMC specific funds.
• Then there is CAMS and Kfintech apps (older KARVY) - we can see the RTA specific funds - All those ICICI, HDFC and others come under CAMS and Axis and the likes comes under Kfintech
• Then there is MF Central - where we can see both CAMS and Karvy together.
• Then there are apps that fetch data from MF central and show us reports - Like Tickertape. This is there I want to add one more - Paytm.

Paytm has an excellent MF report viewer facility, it fetches data from MF Central and generates a report.
That report is much better/insightful than tickertape or others. If you have a paytm account, scroll down and you can see Generate free MF report kind of an option. Or just search for MF Report.
You can refresh it once in 7 days. I have been using it since last 2-3 weeks. I would say it is excellent. Much easier to read, and see the growth than Tickertape or others. Give it a try if you haven't yet seen it.