Diversified Financial Services - RTAs Rollout ‘MF Central’, One Stop Mutual Fund Platform: ICICI Securities
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ICICI Securities Report
Computer Age Management Systems Ltd. in partnership with KFin Technologies Pvt. Ltd. launched MF Central, a digital platform to access all mutual funds.
The development comes after the regulator had asked registrar or transfer agents to come up with an interoperable platform for enhancing investor experience.
This platform currently offers consolidated holding views and service requests for MF holdings.
However, going ahead, according to CAMS, it will also incorporate provisions for buying/selling of MF units and also provide value for ecosystem partners (distributors and others).
It remains to be seen whether MF Central has the potential to become a one-stop window for all MF-related activities and in turn pose a threat to other digital platforms.
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