What is the Common Account Number in Mutual Funds?

What is the Common Account Number in Mutual Funds?

Mutual Fund Utility helps you see all your mutual fund investments at one place. You can perform transactions like buying or selling mutual fund units, updating your contact details and so on from a single platform. You will need a common account number to use the services of the Mutual Fund Utility. CAN also helps you create One Debit Bank Mandate for multiple SIP registrations by using a Common Transaction Form while investing in mutual fund schemes that are part of the Mutual Fund Utility.

0:00 - Introduction
3:01 - What is MF Utility?
4:59 - What is CAN?
7:28 - How to create a Common Account Number?
8.40 - How to create CAN through a partial online process?
9.29 - How to create CAN through an online process?
10:52 - What are the pros and cons of a Common Account Number?
12:15 - Conclusion

Subscribe to Groww Mutual Fund Channel : bit.ly/2FX57wj

RA Disclaimer Link - groww.in/p/sebi-research-analyst-regulations

We also have a Kannada, Tamil, Telugu & a Malayalam channel
Please subscribe here:
👉 Groww Kannada - bit.ly/3ekyeKP
👉 Groww Tamil - bit.ly/3cbhN3Z
👉 Groww Telugu - bit.ly/39aLpwC
👉 Groww Malayalam bit.ly/3enG2LV
👉 Ipo review by Groww -    / @iporeviewbygroww  


Follow us on:
Facebook: www.facebook.com/growwapp/
Twitter: twitter.com/_groww
Instagram: www.instagram.com/mutualfundsatgroww/
LinkedIn: in.linkedin.com/company/groww.in

#groww #mutualfund

Disclaimer: These are not any recommendations for any funds or stocks and are meant only for educational purposes.

If you have any concerns with respect to Groww, please feel free to write to us at support@groww.in or you can call us at +91 910880