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Checking your mutual fund status using the folio number is a straightforward process that empowers investors to stay informed about their investments. Always keep your folio number, PAN, and mobile number handy to access the details you need. The folio number not only facilitates tracking but also simplifies transactions, making it a valuable component of your mutual fund journey.

Data Linked to You

All mutual fund schemes including open-ended, closed-ended, and interval schemes across equity, debt and hybrid categories have NAVs which are driven by market movements. The mutual fund house or the Asset Management Company (AMC) issues an investor a particular identification number, the folio number, after they have invested in a mutual fund scheme. This distinctive identification number can be used to track different aspects of an investor’s mutual fund account, including the fund’s performance, losses or gains, and more. Furthermore, the AMC uses the folio number to communicate important information to investors.

1. Selling stocks requires finding a buyer in the secondary market at a desired price.
2. The increasing number of folios demonstrates investor confidence, aided by regulatory reforms and the digitalisation of financial services.
3. A folio number is a unique identification number assigned by an Asset Management Company (AMC) when you invest in a mutual fund.
4. This alphanumeric code is linked to your Permanent Account Number (PAN), which is essential for Know Your Customer (KYC) verification during the investment process.
5. In fact, as per the Association of Mutual Funds in India (AMFI), the total number of mutual fund SIP accounts in India stood at 6.05 crore with a cumulative value of Rs. 13,306 crore as of November 2022.

Reassess your mutual funds regularly after a few months and avoid hasty exits due to market corrections – as market movements are bound to reverse. Folio numbers are useful to bank creditors, lawyers, and regulators—their utility extends beyond just mutual funds and their unitholders. Folio numbers are also useful in catching duplicated ledger entries and ensuring the accuracy and fidelity of a company’s financial statements. If you are investing in different mutual fund schemes of the same AMC, no new folio number is allotted. In simple words, you can use the folio number issued by one AMC to invest in multiple MF schemes offered by that same AMC.

Check the status through registrar’s website:

Hence, the final investment decision shall at all times exclusively remain with the investor alone and BFL shall not be liable or responsible for any consequences thereof. When you make a mutual fund investment, you do so with an Asset Management Company (AMC) or a mutual fund house. After your investment in a particular mutual fund scheme is made, you get a distinct identification number allocated to you.

The continuous addition of new investors and increasing inflows into mutual funds highlight the sector’s rising popularity. This information is necessary for ensuring each investor is returned the money they are entitled to, and for determining what fee structure applies to each investor. Yes, it’s possible to have multiple folio numbers for investments in the same mutual fund.

They work like regular bank account statements that sum up all the transactions made through a particular bank account. The folio number is an integral part of your mutual fund statement since it acts as a unique identifier for your investments in the fund. MF statements present a consolidated record of all the investment transactions made through a single folio number. Since all your investments are made through this unique folio number, tracking and managing your investments with the AMC becomes easier. Therefore, understanding the significance of an MF folio number is crucial for investors looking to learn how to check mutual fund status. When you make any investment, including a mutual fund investment, it is necessary to keep a check on your investment accounts just as you keep track of your bank account.

Mutual fund statements are a compilation of your mutual fund transactions and contain your folio number (assigned to each new fund you invest in with the same AMC). As it is possible to consolidate different mutual fund schemes you have invested in under a single folio number, your investment tracking process becomes hassle-free and convenient. Capital markets have long been considered an excellent avenue for creating wealth. But this can be risky due to lack of diversification and active management. So, as an alternative, investors choose mutual funds that invest in a basket of equity stocks. Equity mutual funds are bifurcated into three categories based sbi mutual fund statement by folio number on the market capitalisation of the underlying companies, namely large cap funds, mid cap funds, and small cap funds.

Features of the Folio Number

Retail investors often shy away from the world of investing because they believe that you need a lot of money to start investing in the stock market. We are referring to Systematic Investment Plans or SIP offered by mutual funds. Popularised by the slogan, ‘mutual funds sahi hai’, India has seen a phenomenal growth in the number of registered SIPs.

1. It functions as a primary identifier, analogous to a bank account number.
2. But don’t worry as in this article we will decode everything about systematic investment plans.
3. There may be other/better alternatives to the investment avenues displayed by BFL.
4. Mutual fund redemption allows the systematic withdrawal of your investments.
5. The folio number is an integral part of your mutual fund statement since it acts as a unique identifier for your investments in the fund.
6. I downloaded latest version, after login i also made payment successfully then i closed app.

Other Large Mutual Fund Houses

In case you still face the same issue, please contact us on We would love to have your feedback on the new update. Note that the increase in electronic record-keeping further necessitates the need for effective digital tracking options, but also minimizes mistakes and allows for easier reconciliation of multiple entries. A folio number can also be used to identify journal entries or parcels of land. Different fund houses and providers of similar folio numbers will all use a slightly different method to create a number value.

When is the Redemption Amount Credited in your Account?

A folio number is a distinctive code assigned to each individual investor in a mutual fund. It functions as a primary identifier, analogous to a bank account number. This number is essential for maintaining accurate and systematic records of an investor’s mutual fund holdings, including investment amounts, returns, and transaction details. Typically, a folio number is generated by the mutual fund house or Asset Management Company through which an investor has made a mutual fund investment. Visit the Bajaj Finserv website, log in, and navigate to the mutual fund section.