Press Releases


MF Utilities Expands Footprint; Opens 1st Regional Office In Bengaluru

MF Utilities continues its plans for operational expansion with the opening of its first regional office in Bengaluru. This expansion has been carried out with the view to reach out and introduce MFU to MFDs and RIAs in the region and increase the overall partner numbers from South India.


Unboxing the MFU BOX (Back Office eXpert)

MF Utilities launched MFU BOX in the presence of Industry Leaders and market experts.
Unboxing MFU BOX event showcased insightful discussions with industry leaders and market experts in the Mutual Funds Industry


MF Utility Launches Two New Features - CaST & CaRT

CaST is a feature that allows distributors placing a future dated order for their clients. The orders so created will be automatically executed on the scheduled date. ... With the CaRT facility, the frequently ordered transactions (Purchase, Redemption and Switch) can be created and retained as a template for use for later execution with a SINGLE CLICK.


DHFL Pramerica Mutual Fund has joined MF Utility

DHFL Pramerica is the Third Mutual Fund to join MF Utility in 2017. Last month, Mahindra Mutual Fund joined MF Utility and their schemes were offered for transacting through MF Utility from 10th April, 2017. With the addition of DHFL Pramerica, the AUM of the funds participating in MF Utility is over 96% of the industry AUM.


MF Utility records significant growth during FY 2016-17

Over ₹ 7,26,000 crore worth of Mutual Fund Transactions were put through MFU during 2016-17. During the Financial Year 2016-17, over 76,000 CAN applications were received, which is about 250% increase compared to previous year. As on date, there are over 1.2 lakh CAN holders covering over 7 lakh folios.


BNP Paribas Mutual Fund has joined MF Utility

The schemes of BNP Paribas Mutual Fund are offered for transactions on MF Utility from 2nd January 2017. With the addition of BNP Paribas Mutual Fund and the acquisition of JP Morgan by Edleweiss, the AUM of the funds participating in MF Utility is close to 94% of the industry


MF Utility conferred yet another award - “The Best Industry Infrastructure Initiative”

This was awarded at the Banking Technology Awards evening held on Thursday 1st December in London by Banking Technology, a magazine, who has been at the forefront of the print and online publishing for the international community of bankers, financial services professionals, IT professionals, vendors, consultants, analysts and other industry participants, as part of their 17th edition of the Banking Technology Awards programme.


Launch of eCAN - An easy and paperless Account Opening facility

With eCAN, investors can fill the CAN registration data online and submit electronically. The required proof documents can also be submitted electronically, by using an upload link provided for the purpose.


India's Most Promising Brand 2016

MF Utility is “The India's Most Promising Brand 2016” in the Financial Services Category. This was awarded at the Annual Brand Summit “Ideas Fest 2016” held in Goa on 30th August, 2016 by World Consulting & Research Corporation (WCRC)


Best Industry Infrastructure Initiative

MF Utility (MFU) has bagged the prestigious “The Annual Golden Globe Tigers 2016 Awards” for “BEST INDUSTRY INITIATIVE AWARD” in the Financial Services category, announced on 11th April 2016 at Kuala Lumpur, Malaysia.


Launch of FillEezz

... enables Individual Investors or their distributor to fill up the form online. The filled up CAN form shall be printed, signed by the investor and submitted at any of the MFU Point of Service. The investor / distributor can also save the form electronically for their reference. This eases up the process of form filling ...


Launch of TransactEezz and PayEezz

... Combined with the PayEezz, the TransactEezz feature offers tremendous convenience to both distributors and their clients. Investors have the ease of instructing the distributor through a phone call, SMS, email, Fax, letter or in person to create transaction on their behalf which the distributors can do by simply logging into MF Utility. ...