# MFCentral Mutual Fund App

> Unified mutual fund investment management platform for Indian investors. (iPhone/iPad app by KFIN TECHNOLOGIES LIMITED.)

- Source: https://appshunter.io/ios/app/mfcentral-mutual-fund-app/id1600859014 (this page in markdown: same URL + `.md`)
- Developer: [KFIN TECHNOLOGIES LIMITED](https://appshunter.io/developer/763659403)
- Category: Finance
- Price: Free
- Rating: 2.40/5 from 9 App Store ratings · 60 written reviews indexed
- Age rating: 4+
- Requires: iOS 11.0 · 55 MB
- Languages: American English
- Released: 2021-12-30
- Data updated: 2026-08-26
- Monetization: free
- User reviews in markdown: https://appshunter.io/ios/app/mfcentral-mutual-fund-app/id1600859014/reviews.md

## What is MFCentral Mutual Fund App?

Introducing India’s First All-in-one Investment Management Platform to Transform the Mutual Fund Industry
MFCentral is the investor services hub conceived by CAMS & KFintech powering a new era of collaboration
by providing convenience to transact across all folios of an investor with unparalleled user experience.
MFCentral is introduced as a unified platform for all your Mutual Fund related needs. This is a Mutual Fund
Industry initiative to minimize the need to visit multiple industry players to access your portfolio,
statements, Service Requests and investments.

KEY FEATURES

MFCentral will cover all your Mutual Fund Folios having the same PAN/PEKRN and Registered Mobile
Number. Portfolio coverage will be offered across all such Folios in Demat or Non-Demat forms. However,
Service Requests are currently restricted to only your Non-Demat Holdings that are originated using MFU
(Mutual Funds Utility).
Managing your service requests can’t get any simpler!
My Portfolio - Fund house wise & Asset class wise details (SoA & DEMAT holdings)
Service Requests:
Change of IDCW Option
Change/Update Email Address
Change Regsitered Mobile Number
Consoldiation of Folios
Correction of erroneous data captured in Folio
Change of Banj Account Details
Multiple Bank Mandate Registration
Update Nominee Details
Update Bank IFSC
Change of Tax Status (Resident Indian / Non-Resident Indian)
Transmission Request
FATCA/CRS Declaration
Status Modification from Minor to Major
Update Form 15 G/H Details
Track Status
Unclaimed Payouts
Consolidated Account Statements
Your personal and investment data currently resides with the Registrar and Transfer Agents (RTA) and is
absolutely safe with them. MFCentral is a collaborative effort that only populates the data as available in the
RTA system. All such sensitive information is as secure as they were before MFCentral. A very limited log-in
credentials related information is stored in MFCentral in a highly secured environment.

## Key features

- Unified portfolio view (SoA & Demat)
- Initiate service requests
- Track investment status
- Consolidated account statements
- Manage nominee details
- Update bank and tax information

## Recent user reviews (10 of 60)

All indexed reviews: https://appshunter.io/ios/app/mfcentral-mutual-fund-app/id1600859014/reviews.md

### 3/5 — Good app but need some fix in UI/UX

*2026-06-05, version 1.0.5*

Issue 1: Mismatched Input Labels and Placeholders (UI Logic)

There is a mismatch between the selected "Redeem By" toggle and the corresponding input field/informational labels below it.

Scenario A (When "Amount" is selected):
when a user selects “Amount”, the text box correctly requests "Enter Amount." However, the helper text directly below displays "Redeemable Units" and "Remaining Units" instead of currency value metrics.

Scenario B (When "Units" is selected):
when the user toggles to “Units”, the text box updates to "Enter Units." However, the helper text below shifts to display "Redeemable Amount" and "Remaining Amount" in Rupees

Suggested Correction: 
Please have the development team align the lower helper text with the user's toggle choice. If "Amount" is selected, the helper text should display values in currency (₹). If "Units" is selected, it should display unit-based values.

Issue 2: Misleading "Total Balance Units" Logic for Locked/ELSS Funds

On the "View" breakdown screen, the data categorisation for funds with lock-in periods (like ELSS) is confusing and potentially incorrect.

Current Behaviour: the system displays a "Total Balance Units" which are in reality a free units and not a total accumulated units, additionally UI shows "Redeemable Units" as 0 which is inaccurate as are free units which are redeemable here.

The Problem: Because the system shows 0 redeemable units, displaying the total locked units under the main screen's dynamic balance can mislead users into thinking they have immediate liquidity, or conversely, create confusion about what their actual unrestricted balance is.

Suggested Correction: 
Kindly update the backend logic to clearly distinguish between total accumulated units and free/unlocked units:

1. Keep Total Balance Units to reflect the entire historical holding under the fund (locked + unlocked).
2. Ensure that Redeemable Units explicitly reflects only the un-free/matured units available for immediate transaction.
3. Consider adding a "Locked-in Units" field for clearer classification so users know exactly why their redeemable balance is zero.

### 3/5 — Inconvenient Navigation

*2026-05-01, version 1.0.5*

Overall app is good for lumpsum investment or withdrawal. But navigating the portfolio is pathetic. 
On portfolio page, default page is "Asset Allocation". 
Click on "Asset Class wise details" and go inside any of the holdings, on back button, expectation is that it will be back on "Asset class wise details" but it goes back to default page "Asset allocation". 
To view any other holding, one needs to click again on "Asset class wise allocation" and can navigate to another holding. It is so annoying. 
Secondly filters related to Zero or Non zero gets reset after navigating to any of the holdings. These are very small implementations but will give great experience to user. Hope to see them implemented.

### 1/5 — Support

*2026-03-12, version 1.0*

Support is pathetic. If any problem, then need to send mail, which will be replied after one day Most of the problem is not understood or general reply is sent.  There is no contact number. No one will call however urgent issue it may be.

### 1/5 — Not user friendly

*2026-02-03, version 1.0*

Broken eMandate process, pathetic user interface, constant failures, everything is abbreviated for god same please provide some details. Don’t use short forms everywhere. App aswell website both are pathetic

### 1/5 — Previous Sessions Active

*2025-12-26, version 1.0*

Previous Sessions Active, and doesn’t let you in

### 5/5 — Very good for MF

*2025-10-11, version 1.0*

Great job guys for building the app. Excellent to do all MF related stuff -nominee, change of phone etc., especially consolidation of multiple folios. Keep it up

### 1/5 — Useless App

*2025-10-04, version 1.0*

The App never works

### 1/5 — Worst App Ever

*2025-09-12, version 1.0*

The day was about to close, i had to redeem my mutual fund from this app. It suddenly logged me out. Ok fine i’ll log back in. But when i’m trying to login, it says you currently have a active session log out from it first and until then cannot login. Arey you are the first who logged me out, and when i’m trying to log back in, you again say session is active. It disnt let me login for 30 mins and locked me saying too many login attempts. Finally the day was closed and i couldnt reddem on time. Such a worst app this is!!!!!! Never use it.

### 1/5 — Poor service

*2025-08-12, version 1.0*

I had an error when trying to link one of my folio, and the error message stated that I have to send a mail to the support team, and on sending the issue, the support Team states that they do not have access to update. Not sure why a mail was provided to reach out in case of any issues and the support team regretting it all the time! Would rather prefer physical process.

### 3/5 — Need some improvement

*2025-07-25, version 1.0*

This app is very good and provide all the information except one simple XIRR return option. Kindly update the app with the option of showing XIRR return along with the existing Absolute Return option.

## Frequently asked questions about MFCentral Mutual Fund App

### What does the MFCentral Mutual Fund App do?

MFCentral is India's first all-in-one investment management platform designed to transform the mutual fund industry. It acts as an investor services hub, allowing you to transact across all your mutual fund folios with a unified user experience. You can view your portfolio, access statements, and manage service requests.

### What are the key features of the MFCentral app?

Key features include viewing your mutual fund portfolio across all folios (Demat and Non-Demat) fund house and asset class wise. You can also initiate various service requests for your non-demat holdings, such as changing IDCW options, updating contact details, consolidating folios, and updating bank account information.

### Is the MFCentral app free to use?

Yes, the MFCentral Mutual Fund App is a free service. It is an industry initiative to provide convenience to investors and does not involve any direct costs for users.

### What kind of mutual fund holdings does the app cover?

The app covers all your mutual fund folios that share the same PAN/PEKRN and registered mobile number. This coverage extends to both Demat and Non-Demat holdings. However, service requests are currently limited to Non-Demat holdings that were originated using MFU (Mutual Funds Utility).

### Is my personal and investment data safe with MFCentral?

Your personal and investment data is stored with the Registrar and Transfer Agents (RTAs) and is considered safe. MFCentral is a collaborative effort that populates data from the RTA systems, ensuring your sensitive information remains as secure as it was before. Only a very limited amount of log-in credential related information is stored in MFCentral in a highly secured environment.

## Version history (last 2 releases)

### 1.0.5 — 2026-04-16

Bug fixes and Performance Improvements.

### 1.0 — 2021-12-30

No release notes.

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## More apps by KFIN TECHNOLOGIES LIMITED

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All apps by KFIN TECHNOLOGIES LIMITED: https://appshunter.io/developer/763659403

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-26.*