Mutual Fund Utility

Sat, 16 May 2026 00:00:00 +0000

The Mutual Fund Utility (MFU), operated by MF Utilities India Private Limited and accessible at mfuindia.com, is an industry-utility transaction platform that enables investors and distributors to transact in mutual fund schemes across all participating Indian asset management companies (AMCs) using a single Common Account Number (CAN). MFU was promoted by the Association of Mutual Funds in India (AMFI ) and is owned by a consortium of the participating AMCs, structured as a non-commercial industry utility rather than as a commercial venture. The platform was launched in 2015 after several years of industry deliberation and was operational across the major AMC participants by 2016. It now serves as one of the foundational pieces of transaction infrastructure in Indian mutual fund distribution , alongside the registrar-direct portals (CAMS Online , KFinKart), the joint RTA investor portal (MF Central ), the exchange platforms (BSE StAR MF , NSE NMF II ), and the commercial distribution platforms (Groww , Kuvera , ET Money , Zerodha Coin ).

Transaction Platforms on WebNotes

Mutual Fund Utility