Canara Robeco Mutual Fund allows transaction via MF Utility portal

Himadri Buch Moneycontrol News

Canara Robeco Mutual Fund has allowed its mutual fund investors to use MF Utilities India's MF Utility portal for transactions in addition to the existing platforms, the fund house said in a notice.

MF Utility is a 'transaction aggregator portal' and a shared service initiative of various asset management companies in India, wherein it enables the investors to transact in multiple schemes across fund houses.

To use the portal, Canara Robeco Mutual Fund has signed an agreement with MF Utility India.

Unit holders availing MF Utility can either transact electronically or physically in the authorised points of service approved by MF Utility India.