Screenshots of the new MF Utility online transaction portal

Published: January 1, 2016 at 10:43 am

MF Utility is a mutual fund transaction portal jointly run by 25 AMCs. From today, 1st Jan 2016, investors can use its online transaction portal to invest in direct mutual funds.

Instructions for how to go about this can be found here: MF Utility Online Platform is operational!

Here some screenshots of the transaction portal taken by Ravi Pathak.

mfu-online-1
Main Page

Ravi says, “main page includes zero balances mutual fund holdings as well”.  So if you are an ‘experienced’ mutual fund investor, expect to see a lot of entries here!

mfu-online-2
The Purchase screen

Ravi says, “After clicking proceed it ask for depositary details and if one wants fund in demat form, in payment page total of all transaction recorded is asked for payment. In image example Rs 1500 was final payment combined for both funds.

mfu-online-3
The redemption page

Ravi says, “This is redemption page. Multiple redemptions allowed in 1 go just like purchase. Overall good feature which was missing in mycams or karvy”.

 Thank you very much for sharing this, Ravi.
With MFU operational, and portals like Invezta, Unovest, Bharosaclub and Orowealth on the verge of opening,  I believe 2016 is going to the year of the ‘direct mutual fund plan’.
Note: All the missing posts have now been restored. Many images and download links in posts published before Aug 31st 2015 are still unavailable. They will be set right in the next couple of days. If you want any specific post immediately restored, please leave a comment. I have now got a cloud-based backup facility so that this kind of situation does not happen again. Thank you for your patience and understanding.

 

Wish you all a happy and healthy 2016. 

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