MF Utility (MFU) is an innovative initiative of the Mutual Fund Industry which offers
convenience and empowers the investors of Mutual Fund schemes. MFU facilitates the
investors with a Common Account Number (CAN) which enables them to transact in multiple
schemes of various Mutual Funds participating in MFU through a single transaction
and consolidated payment.
MFU provides INDIVIDUAL INVESTORS with multiple options for opening a CAN.
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