KFin Technologies, CAMS launch MFCentral - Indias first interoperable Investment Management platform

MFCentral is a collaborative effort of KFintech and CAMS, the Mutual Fund Registrar & Transfer Agents in association with AMFI.

KFin Technologies (KFintech) and CAMS, today, announced the launch of MFCentral, a one-of-its-kind digital solution for enhanced service experience for mutual fund investors. The platform expects to transform investor experience with the mutual fund industry through its single window view across all mutual funds.

MFCentral is a collaborative effort of KFintech and CAMS, the Mutual Fund Registrar & Transfer Agents in association with AMFI. For the first time ever in the industry, MFCentral offers digital access to investor lifecycle engagement with the entire MF industry under one roof. The platform aims to render all conceivable transaction types across the industry participants in a highly automated and digitized manner. The platform’s underlying strengths include standardized and uniform processes, inter-operability and future ready architecture for scale and speed.

Mr. Anuj Kumar, Managing Director, CAMS commented, “We are pleased to bring the MFCentral platform to the investor community. The platform will bring about simplification in mutual funds services and reduce turnaround times, while providing safe access. Leveraging the power of digital, MFCentral provides a unified gateway for friction-less services across all mutual funds”. 

The shares of CAMS bucked the bullish trend and managed to close down by Rs 14 per share at Rs 3418.95 per share. The share price of CAMS had jumped by ~91 per cent in 2021 alone and is on one the outperforming stocks which benefits from the increasing investments trend in India.