Flowers

MF Utility (MFU) is an innovative “Shared Services” initiative by the Mutual Fund industry under the aegis of Association of Mutual Funds in India (AMFI), which acts as a “Transaction Aggregation Portal” through which a Mutual Fund customer is enabled to transact in multiple schemes across Mutual Funds using a single form/payment.

Features of MF Utility

MF Utility (MFU) provides a whole lot of features to the Mutual Fund customers like:-

  • Provides Common Account Number (CAN) facility to Investors
  • Facilitates KYC registration through KYC Registration Agencies (KRAs) for CAN creation
  • Provides standardization of forms, processes and MIS across the industry
  • Provides multiple modes of access and transaction submission options
  • Provides broad and neutral Points of Service (POS) footprint for enhanced coverage
  • Enables transactions through a common transaction form
  • Enables single payment for multiple scheme investments across various Mutual Funds
  • Accepts payments through various physical and electronic modes
  • Provides CAN based consolidated view of investments across the industry
  • Provides industry level alerts, triggers, reminders etc.
  • Provides a centralized complaint management and tracking system

Common Account Number (CAN)

CAN (Common Account Number) is an industry level Folio allotted by MF Utility (MFU) to an investor.

Using a CAN, the investors will be able to submit single request for multiple transactions in various schemes across Mutual Funds using a single form/payment.

Click hereto download Common Account Number (CAN) Registration and Transaction Forms for Individual and Non Individual

POS (Point of Service)

POS (Point of Service) is a front-office facility offered by MF Utilities India Pvt Ltd (MFUI) in various locations across the country to enable Mutual Fund customers to submit their transactions An MFUI POS will accept transactions across Mutual Funds participating in MFU.

Click hereto view the list of MFU Points of Service.

For more Information about MF Utility visit https://www.mfuindia.com/

Declaration

The information, opinion and data contained in this Website do not constitute a distribution, an offer to buy or sell or solicitation of an offer to buy or sell any Schemes/Units of YES Mutual Fund in any jurisdiction in which such distribution, sale or offer is not authorised. The material/information provided in this Website is for the limited purposes of information only for the investors. In particular, the information herein is not for Sale or distribution and does not constitute an offer to buy or sell or solicitation of an offer to buy or sell any Schemes/Units of YES Mutual Fund in the United States of America ('USA')/Canada to or for the benefit of United States persons (being persons resident in the US, corporations, partnerships or other entities created or organised in or under the laws of the US or any person falling within the definition of the term "US Person" under the US Securities Act of 1933, as amended) and persons of Canada. The material / information provided in this website is for the limited purposes of information only for the investors and in no event shall the directors, officers, employees, trustees, agents of YES Mutual Fund / group companies be liable for any direct, indirect, special, incidental or consequential damages arising out of the use of information / opinion herein.

By entering this Website or accessing any data /transacting on this website, I/We hereby confirm that I/We am/are not or corporations, or partnerships or any other entity created or organised in or under the laws of USA or any person/entity falling within the definition of the term 'US Person' under the US Securities Act of 1933, (as amended)persons resident in the United States of America (USA),, /resident of Canada. I/We hereby confirm that I/We am/are not giving a false confirmation and/or disguising my/our country of residence. I/We agree and acknowledge that YES Mutual Fund/YES Asset Management (India) Limited (YES AMC) is relying upon my/our confirmation and in no event shall the directors, officers, employees, trustees, agents of YES AMC associate/group companies be liable for any direct, indirect, incidental or consequential damages arising out of false confirmation/ information provided herein.

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Terms & Conditions:

I/We would like to invest in YES mutual fund Scheme’s subject to terms of the Statement of Additional Information (SAI), Scheme Information Document (SID), Key Information Memorandum (KIM) and subsequent amendments thereto. I/We have read, understood (before filling application form) and is/are bound by the details of the SAI, SID & KIM. I/We have not received nor been induced by any rebate or gifts, directly or indirectly, in making this investment. I/We declare that the amount invested in the Scheme is through legitimate sources only and is not designed for the purpose of contravention or evasion of any Act / Regulations / Rules / Notifications / Directions or any other Applicable Laws enacted by the Government of India or any Statutory Authority. I accept and agree to be bound by the said Terms and Conditions including those excluding/ limiting the YES Asset Management (India) Ltd.(YES AMC) liability. I understand that the YES AMC may, at its absolute discretion, discontinue any of the services completely or partially without any prior notice to me. I agree YES AMC can debit from my folio for the service charges as applicable from time to time. The ARN holder has disclosed to me/us all the commissions (in the form of trail commission or any other mode), payable to him for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/us. I hereby declare that the above information is given by the undersigned and particulars given by me/us are correct and complete. Further, I agree that the transaction charge (if applicable) shall be deducted from the subscription amount and the said charges shall be paid to the distributors.
I confirm that I am resident of India or I/We confirm that I am/We are Non-Resident of Indian Nationality/Origin and I/We hereby confirm that the funds for subscription have been remitted from abroad through normal banking channels or from funds in my/our Non-Resident External/Ordinary Account/FCNR Account. I/We undertake that all additional purchases made under this folio will also be from funds received from abroad through approved banking channels or from funds in my/our NRE/FCNR Accounts I/We confirm that payment for this transaction has been done through my/own bank account number which is registered in the folio and no third party account is used for such payments. In case of any non-compliance, I/We authorize you to refund the said amount to the account where it is debited and will liable for any consequences arising thereof. I/We hereby authorize the representatives of YES AMC, its Distributors to contact me through any mode of communication. This will override registry on DND / DNDC as the case may be.

Terms & Conditions:

I/We would like to invest in YES mutual fund Scheme’s subject to terms of the Statement of Additional Information (SAI), Scheme Information Document (SID), Key Information Memorandum (KIM) and subsequent amendments thereto. I/We have read, understood (before filling application form) and is/are bound by the details of the SAI, SID & KIM. I/We have not received nor been induced by any rebate or gifts, directly or indirectly, in making this investment. I/We declare that the amount invested in the Scheme is through legitimate sources only and is not designed for the purpose of contravention or evasion of any Act / Regulations / Rules / Notifications / Directions or any other Applicable Laws enacted by the Government of India or any Statutory Authority. I accept and agree to be bound by the said Terms and Conditions including those excluding/ limiting the YES Asset Management (India) Ltd.(YES AMC) liability. I understand that the YES AMC may, at its absolute discretion, discontinue any of the services completely or partially without any prior notice to me. I agree YES AMC can debit from my folio for the service charges as applicable from time to time. The ARN holder has disclosed to me/us all the commissions (in the form of trail commission or any other mode), payable to him for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/us. I hereby declare that the above information is given by the undersigned and particulars given by me/us are correct and complete. Further, I agree that the transaction charge (if applicable) shall be deducted from the subscription amount and the said charges shall be paid to the distributors.
I confirm that I am resident of India or I/We confirm that I am/We are Non-Resident of Indian Nationality/Origin and I/We hereby confirm that the funds for subscription have been remitted from abroad through normal banking channels or from funds in my/our Non-Resident External/Ordinary Account/FCNR Account. I/We undertake that all additional purchases made under this folio will also be from funds received from abroad through approved banking channels or from funds in my/our NRE/FCNR Accounts I/We confirm that payment for this transaction has been done through my/own bank account number which is registered in the folio and no third party account is used for such payments. In case of any non-compliance, I/We authorize you to refund the said amount to the account where it is debited and will liable for any consequences arising thereof. I/We hereby authorize the representatives of YES AMC, its Distributors to contact me through any mode of communication. This will override registry on DND / DNDC as the case may be.

Terms & Conditions:

I/We would like to invest in YES mutual fund Scheme’s subject to terms of the Statement of Additional Information (SAI), Scheme Information Document (SID), Key Information Memorandum (KIM) and subsequent amendments thereto. I/We have read, understood (before filling application form) and is/are bound by the details of the SAI, SID & KIM. I/We have not received nor been induced by any rebate or gifts, directly or indirectly, in making this investment. I/We declare that the amount invested in the Scheme is through legitimate sources only and is not designed for the purpose of contravention or evasion of any Act / Regulations / Rules / Notifications / Directions or any other Applicable Laws enacted by the Government of India or any Statutory Authority. I accept and agree to be bound by the said Terms and Conditions including those excluding/ limiting the YES Asset Management (India) Ltd.(YES AMC) liability. I understand that the YES AMC may, at its absolute discretion, discontinue any of the services completely or partially without any prior notice to me. I agree YES AMC can debit from my folio for the service charges as applicable from time to time. The ARN holder has disclosed to me/us all the commissions (in the form of trail commission or any other mode), payable to him for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/us. I hereby declare that the above information is given by the undersigned and particulars given by me/us are correct and complete. Further, I agree that the transaction charge (if applicable) shall be deducted from the subscription amount and the said charges shall be paid to the distributors.
I confirm that I am resident of India or I/We confirm that I am/We are Non-Resident of Indian Nationality/Origin and I/We hereby confirm that the funds for subscription have been remitted from abroad through normal banking channels or from funds in my/our Non-Resident External/Ordinary Account/FCNR Account. I/We undertake that all additional purchases made under this folio will also be from funds received from abroad through approved banking channels or from funds in my/our NRE/FCNR Accounts I/We confirm that payment for this transaction has been done through my/own bank account number which is registered in the folio and no third party account is used for such payments. In case of any non-compliance, I/We authorize you to refund the said amount to the account where it is debited and will liable for any consequences arising thereof. I/We hereby authorize the representatives of YES AMC, its Distributors to contact me through any mode of communication. This will override registry on DND / DNDC as the case may be.

Terms & Conditions:

I/We would like to invest in YES mutual fund Scheme’s subject to terms of the Statement of Additional Information (SAI), Scheme Information Document (SID), Key Information Memorandum (KIM) and subsequent amendments thereto. I/We have read, understood (before filling application form) and is/are bound by the details of the SAI, SID & KIM. I/We have not received nor been induced by any rebate or gifts, directly or indirectly, in making this investment. I/We declare that the amount invested in the Scheme is through legitimate sources only and is not designed for the purpose of contravention or evasion of any Act / Regulations / Rules / Notifications / Directions or any other Applicable Laws enacted by the Government of India or any Statutory Authority. I accept and agree to be bound by the said Terms and Conditions including those excluding/ limiting the YES Asset Management (India) Ltd.(YES AMC) liability. I understand that the YES AMC may, at its absolute discretion, discontinue any of the services completely or partially without any prior notice to me. I agree YES AMC can debit from my folio for the service charges as applicable from time to time. The ARN holder has disclosed to me/us all the commissions (in the form of trail commission or any other mode), payable to him for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/us. I hereby declare that the above information is given by the undersigned and particulars given by me/us are correct and complete. Further, I agree that the transaction charge (if applicable) shall be deducted from the subscription amount and the said charges shall be paid to the distributors.
I confirm that I am resident of India or I/We confirm that I am/We are Non-Resident of Indian Nationality/Origin and I/We hereby confirm that the funds for subscription have been remitted from abroad through normal banking channels or from funds in my/our Non-Resident External/Ordinary Account/FCNR Account. I/We undertake that all additional purchases made under this folio will also be from funds received from abroad through approved banking channels or from funds in my/our NRE/FCNR Accounts I/We confirm that payment for this transaction has been done through my/own bank account number which is registered in the folio and no third party account is used for such payments. In case of any non-compliance, I/We authorize you to refund the said amount to the account where it is debited and will liable for any consequences arising thereof. I/We hereby authorize the representatives of YES AMC, its Distributors to contact me through any mode of communication. This will override registry on DND / DNDC as the case may be.