From now, All the Mutual fund investors will get a monthly consolidated statement of all of their transactions in different fund houses mutual funds, said – Association of Mutual Funds in India (AMFI) . “This is an investor-friendly initiative to allow investors a single-window view of all their transactions in mutual funds,” Chief Executive of AMFI H N Sinor said. The basis for consolidation and grouping for all the transactions will be PAN provided for the investments.
Note that this monthly statements will come to investors along with the regular statements they get from AMC’s .
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