KFintech mutual fund account statement

The KFintech account statement (formerly known as the Karvy Fintech account statement) is the official transaction record and portfolio-valuation document issued by KFin Technologies Limited for mutual fund folios that it services as a Registrar and Transfer Agent (RTA). KFintech services a broad roster of AMCs including Axis Mutual Fund, DSP Mutual Fund, Franklin Templeton Investments India, ICICI Prudential Mutual Fund, Kotak Mutual Fund, Mirae Asset, and several others. The statement records every transactional event – purchases, redemptions, switches, dividend payouts, SIP instalments – along with the running unit balance and current market value.

Like the CAMS mutual fund statement, the KFintech statement is one of two RTA-level statements that feed into the Consolidated Account Statement (CAS). Investors holding folios with both CAMS-serviced and KFintech-serviced AMCs must obtain statements from both RTAs, or use the combined CAS or MFCentral portal.

About KFin Technologies

KFin Technologies Limited (NSE: KFINTECH) is an SEBI-registered RTA incorporated in 1988 as Karvy Computershare. It was rebranded as Karvy Fintech and subsequently as KFin Technologies after General Atlantic acquired a majority stake in 2019. KFintech also operates investor services for corporate registrar and transfer work (equity share registrar), pension fund services (NPS CRA), and alternative investment fund administration. Its mutual fund RTA operations are headquartered in Hyderabad.

KFintech’s investor-facing portal for mutual fund investors is KFinKart (kfintech.com/kfinkart), which allows unit holders to view holdings, download statements, update KYC details, and initiate transactions.

Regulatory framework

The obligation to issue account statements to investors is governed by Regulation 36 of the SEBI (Mutual Funds) Regulations, 1996. RTAs execute this obligation on behalf of AMCs. Key regulatory requirements include:

• Transaction-level confirmation: An account statement must be dispatched electronically (or by post on request) within five business days after a transaction is processed. For SIP first instalments, the statement must be dispatched within ten business days.
• Half-yearly statement: Where no transaction has occurred, a half-yearly portfolio statement is dispatched for the periods ending 31 March and 30 September.
• Monthly CAS: Within 15 days of the end of each transaction month, a CAS must be dispatched, with KFintech participating in the cross-RTA CAS coordination with CAMS.

Types of KFintech statements

Transaction confirmation statement

Generated automatically within five business days of each transaction. Fields include: folio number, scheme name, plan and option, transaction date, transaction type, rupee amount, applicable NAV, units transacted, and cumulative unit balance after the transaction. This statement serves as the investor’s immediate record of the transaction.

Detailed account statement

The full ledger from folio inception to any requested date. Available on demand from the KFinKart portal. It includes all transaction types in chronological order, the running unit balance, and a portfolio valuation section showing the current NAV and market value of the holding.

Portfolio valuation statement

A current-snapshot document showing only the closing unit balance, latest NAV, and current market value for each scheme in the folio, without transaction history. Useful for quick net-asset references.

Capital gains statement

The capital gains statement, discussed separately under CAMS/KFin capital gains statement, applies FIFO to compute realised gains on each redemption. KFintech generates this under the “Tax Report” or “Capital Gains” section of the KFinKart portal.

Accessing the KFintech statement

KFinKart portal (kfintech.com)

1. Visit kfintech.com and navigate to “Investor Services” then “KFinKart”.
2. Log in with the registered e-mail address and OTP sent to the registered mobile number.
3. Select “Reports” and choose the statement type: Account Statement, Portfolio Valuation, or Tax/Capital Gains.
4. Set the date range (for detailed statement) and submit.
5. The PDF is password-protected; the default password is the first holder’s PAN in uppercase.

MFCentral (mfcentral.com)

MFCentral is the joint investor portal operated by CAMS and KFintech. Investors can log in once with PAN-based OTP authentication and download a consolidated CAS that includes both CAMS-serviced and KFintech-serviced folios in a single document.

E-mail request

Investors may e-mail the registered e-mail address to mfservice@kfintech.com requesting a specific statement type and date range. KFintech processes such requests within one working day.

IVR and customer service

KFintech operates an investor services IVR (1800-309-4001 or 040-6716-2222). Statements can be requested verbally after identity verification using folio details and PAN.

Key fields in a KFintech account statement

Differences from CAMS statement

While the data fields and regulatory requirements are substantively identical for both RTAs, there are minor differences in user experience:

• Portal design: KFinKart uses a different interface and navigation flow compared to mycams.com.
• AMC coverage: CAMS and KFintech each service a distinct set of AMCs; an investor’s statement from one RTA will not include folios with the other RTA’s AMCs.
• PDF template: The PDF layout and branding differ between the two RTAs.
• Capital gains computation: Both use FIFO, but there may be minor differences in how bonus units, dividend reinvestments, or unit splits are treated in the gain calculation. Investors should cross-verify with the Annual Information Statement (AIS).

KFintech statement for ITR filing

The capital gains data from a KFintech statement is used alongside the CAMS capital gains statement to populate Schedule CG in ITR-2 or ITR-3. Dividend income reported in the KFintech statement (under IDCW payouts) must be included under “Income from other sources” (Schedule OS) in the ITR. TDS deducted on dividends is reported on Form 26AS and the AIS, and should match the IDCW entries in the KFintech statement.

Data reported to the Income Tax Department

KFintech, like CAMS, files SFT-015 (Statement of Financial Transactions for mutual fund transactions) under Section 285BA of the Income Tax Act with the Income Tax Department. This data populates the AIS. Investors should reconcile KFintech statement figures against their AIS before submitting a tax return to avoid discrepancy notices.

Statement retention

KFintech retains folio transaction data indefinitely and investors may request a “statement from inception” at any time. Investors are advised to retain KFintech statements for eight to ten years for income-tax audit purposes.

KFintech’s other investor-facing tools

KFin eATM

KFintech operates an eATM (electronic Any Time Mutual fund) facility under which investors can transact (purchase, redeem) in KFintech-serviced AMC schemes through a card-swipe-based kiosk. The eATM integrates with the KFintech folio database and generates an SOA for each transaction. For investors in semi-urban or rural areas where internet access may be limited, the eATM offers an alternative transaction channel.

KFin Whatsapp service

KFintech has introduced a WhatsApp-based investor service (available through a registered WhatsApp number) that allows investors to request their portfolio valuation and recent transaction details. The response is a text-based summary, not a full PDF statement. Investors must register their WhatsApp number against their folio to use this service.

KFintech statement for ELSS investments

ELSS (Equity Linked Savings Scheme) units have a three-year lock-in from the date of each purchase. The KFintech account statement marks locked-in ELSS units as “Locked” or shows the lock-in expiry date for each lot. This is important for investors who want to redeem ELSS units after the lock-in ends or who want to track their Section 80C deduction eligibility.

For ELSS SIP investors, each monthly instalment has a separate three-year lock-in. The KFintech statement’s lot-level holding period data effectively serves as the ELSS lock-in tracker.

Error correction and investor grievance

If the KFintech statement shows an incorrect transaction, the investor should contact the relevant AMC. The AMC coordinates with KFintech to investigate and, if warranted, reverse or correct the transaction. KFintech’s investor helpline (1800-309-4001) and the SEBI SCORES platform are available for escalation.

SEBI monitors investor complaint resolution timelines across RTAs. KFintech’s complaint resolution metrics are disclosed in AMFI’s annual investor service statistics.

KFintech and the KRA ecosystem

Like CAMS, KFintech is an SEBI-registered KRA (KYC Registration Agency). This means investors who complete their KYC through KFintech’s KRA have their KYC records stored centrally and shared with all mutual fund AMCs (regardless of which RTA services their folio). The KFintech account statement reflects whether the KYC on the folio is verified (mandatory for ongoing SIPs and fresh purchases above certain thresholds).

Transmission of units (deceased investor)

For a deceased investor’s KFintech-serviced folios, the transmission process is handled by KFintech on behalf of the AMC. Required documents include the death certificate, KYC of the claimant (nominee or legal heir), bank account proof, and where required by the AMC, a succession certificate or probate. KFintech provides a dedicated transmission form and processes the transmission within the AMC’s prescribed turnaround time (usually 7-10 business days after complete documentation is received).

Comparative ecosystem: CAMS vs KFintech

While the regulatory requirements and data content are identical for both RTAs, some practical differences affect investor experience:

• Customer service: CAMS has a wider physical service centre network in southern and western India; KFintech is stronger in central and northern India.
• Portal uptime: Both portals have similar SLA uptime commitments; downtime during peak filing season (March) can affect both.
• AMC transitions: Occasionally, an AMC changes its RTA. When this happens, the folio data migrates from the old RTA to the new RTA. Historical statement availability after such a migration may require requests to both the old and new RTA for the respective periods.
• MFCentral integration: Both RTAs feed data into MFCentral, which is increasingly the primary access point for investors who do not want to manage two separate portal logins.

See also

• Consolidated Account Statement (CAS)
• CAMS mutual fund account statement
• CAMS/KFin capital gains statement
• ITR-ready capital gains statement
• Annual Information Statement
• Form 26AS – TDS on MF dividend
• Mutual fund

References

1. SEBI (Mutual Funds) Regulations, 1996, Regulation 36 – Account statement obligations.
2. SEBI circular SEBI/HO/IMD/DF2/CIR/P/2021/024, 4 March 2021.
3. KFintech investor services documentation, kfintech.com (accessed May 2026).
4. SEBI circular CIR/MRD/DP/31/2014, 27 October 2014 – Cross-RTA CAS coordination.
5. Income Tax Act, 1961, Section 285BA – SFT reporting obligations.