How to link Aadhaar to Mutual Funds folios online?

Recently there was news that from now onwards Aadhaar is mandatory for buying and selling of stocks and Mutual Funds. In this direction, it is better for you to be ready with all your Demat accounts and Mutual Funds be linked to Aadhaar. Let us see how to link Aadhaar to Mutual Funds folios online.

link Aadhaar to Mutual Funds folios online

As per recent amendments to Prevention of Money Laundering Act (PMLA) Rules, 2017, Financial Institutions like Mutual Funds are mandated to obtain Aadhaar Number from their customers and link the same to the respective accounts. For your convenience, CAMS is facilitating the process of linking your Aadhaar information in Mutual Funds (serviced by CAMS) where you hold account(s) / selected by you, in the submission form below.

CAMS (Computer Age Management Services Pvt. Ltd.) started the process of link Aadhaar to Mutual Funds folios online. Do remember that CAMS is like middlemen between you and Mutual Fund companies and acts as a Transfer Agency serving over 60% of assets of the industry across 15 Mutual Funds.

Hence, if you link Aadhaar to Mutual Funds folios online using CAMS platform, then you are able to link only to those 15 Mutual Fund companies to which it serves as Transfer Agents. The list of CAMS serving Mutual Fund Companies is as below.

  1. HDFC Mutual Fund
  2. DSPBR Mutual Fund
  3. Birla Sunlife Mutual Fund
  4. HSBC Mutual Fund
  5. ICICI Prudential Mutual Fund
  6. IDFC Mutual Fund
  7. IIFL Mutual Fund
  8. Kotak Mutual Fund
  9. L&T Mutual Fund
  10. Mahindra Mutual Fund
  11. PPFAS Mutual Fund
  12. SBI Mutual Fund
  13. Shriram Mutual Fund
  14. Tata Mutual Fund
  15. Union Mutual Fund

Hence, if you used CAMS online platform to link Aadhaar to Mutual Funds folios online, then it means that you automatically linked to all Mutual Funds which you are holding in these above listed mutual fund companies.

Along with CAMS, there are other Transfers Agents and they are as below.

  • Karvy Computers (Provides services to rest of AMCs)
  • Franklin Templeton International Services (Provides services only to Franklin Templeton Mutual Funds)
  • Sundaram BNP Paribas Fund Services (Provides services only to Sundaram and BNP Paribas Mutual Funds)

As of now, CAMS only started this process of link Aadhaar to Mutual Funds folios online. Others may also soon start the facility.

How to link Aadhaar to Mutual Funds folios online?

Link Aadhaar to Mutual Funds folios online – KARVY

Karvy also started the facility of link Aadhaar to Mutual Funds folios online. Let us see the types of options available.

Option 1Link Aadhaar to Mutual Funds folios online using Karvy platform

# Step 1-

Visit the KARVY Aadhaar linking portal. Enter your PAN number and they will send you OTP to your registered mobile number.

Link Aadhaar to Mutual Funds folios online Karvy

# Step 2-

Now you have to enter your PAN number, authorize Karvy for accessing your Aadhaar details for linking of Aadhaar with Mutual Funds folios online, and also enter your Aadhaar number. Then click on Submit tab.

Link Aadhaar to Mutual Funds folios online Karvy 2

# Step 3-

Once you complete this process, then you will receive an email from Karvy regarding the same as confirmation and also from Aadhaar about the authentication successful message.

Link Aadhaar to Mutual Funds folios online Karvy confirmation

That’s it and you linked your Aadhaar to all Mutual Funds where Karvy is R&T Agent.

Option 2Link Aadhaar to Mutual Funds folios through SMS facility

Along with the online process of linking, Karvy also started the process of linking Aadhaar to Mutual Funds folios using SMS facility. The process is as below.

Send (ADRLNK <PAN> <AADHAAR NUMBER>) to 9212993399 from your registered mobile number. On authentication, the same will be updated across all your folios where Karvy is R&T Agent.

Option 3Link Aadhaar to Mutual Funds folios through offline mode

If you have not registered your email or phone number, then you have to download the below form and submit it to any Karvy Branches or send to them through courier.

Aadhaar linking to Mutual Funds Karvy Form Download

Option 4Link Aadhaar to Mutual Funds folios through distributors

You can also link your Aadhaar to Mutual Funds folios through your distributors. They will scan and upload the file to Karvy platform for distributors.

Link Aadhaar to Mutual Funds folios online – CAMS

CAMS provided the link in its portal for link Aadhaar to Mutual Funds folios online. Steps are as below.

# Step 1

Visit CAMS portal and click on the tab “Investor Services”.

Link Aadhaar to Mutual Funds CAMS

# Step 2-

Then under “Investor Services”, you have to select the option “Link your Aadhaar”.

Link Aadhaar to Mutual Funds

# Step 3-

Next step is to provide your registered email id, PAN number, Aadhaar number and mobile number. Then click on the tab of Submit.

Link Aadhaar to Mutual Funds CAMS details

# Step 4-

Once you submit the details, then you will receive the OTP (One Time Password) to your registered Email ID and Mobile. You have to enter the same in below screen.

Linking of Aadhaar with Mutual Funds

Do remember that by authorizing CAMS to validate your Aadhaar, you are linking your Aadhaar to all your CAMS servicing Mutual Fund Companies where you are First Holder / Joint Holder / Guardian.

# Step 5-

Once this process is over, then you will receive the below success message.


# Step 6-

Once authentication is successful, then you also receive the email confirmation of the same as below.

Aadhaar link to Mutual Fund Success confirmation


Hope this information may be useful to all. Let us hope that other Transfer Agents also start such unique facility soon.

Link Aadhaar to Mutual Funds folios online – Franklin

Now Franklin also started the online service to link your Aadhaar to Mutual Funds folios online. The process is as below.

Visit the link of Franklin Templeton India Aadhaar linking to Mutual Fund and you can easily link Aadhaar to Mutual Funds folios which are with Franklin.

What happens if you do not link Aadhaar to Mutual Funds folios?

If you do not link Aadhaar to Mutual Funds within the deadline, then you may face the below situations.

  1. Purchase (New & additional purchase), Redemptions, Switches, New registration of SIPs, STP, SWP, DTP, unclaimed dividends/redemptions, Lien Marking, Minor Attaining Majority and Transmission (unless Aadhaar is provided) which are Customer Initiated Transactions will not be permitted.
  2. Dividend Payments, Pre-existing SIPs, SWP, STP, Close-ended fund maturity payout, KYC related changes, a Non-financial transaction, Lien invocation by the financial institution or Pledgee or any transaction pursuant to a Court or Regulatory Order, shall be permitted (as the same are not initiated by the customer).

Hence, hurry up and link Aadhaar to Mutual Fund folios at the earliest.

Refer other posts related to this-

72 Responses

  1. Hi – I have 3 mutual funds. The mobile number associated with them is very old, which I haven’t been using since 2011. When I am trying to link my Aadhar number through CAMS, it is sending an OTP to old mobile number, to which I don’t have access. How do I link my Aadhar number to these mutual funds? is there a way to do it online. I tried to contact the customer care, but no luck.

  2. In beginning of 2000s my lic agent helped me buy mutual funds for me offline, meaning i signed foem, he did the paperwork. It was before I got a demat account. I think it was a tax saver fund. He is not contact-able, and since we shifted house, no info of the fund.
    Is there any way I can find out which amc mf did i buy or which bank account is it connected to (if connecting mf to bank is possible)

  3. I invest through icici direct website. I put my aadhar, pan info in the site.
    Is that enough or should I put these aadhar, pan details again in cams, karvy etc sites.
    I have little amounts in various funds including franklin, pnb, etc. So do i have to put info in all sites as mentioned in your article?

  4. hi,

    I am investing Rs 12,000 p.m in the below funds.

    Axis long term equity fund: 2,000
    Franklin Build india fund: 2,000
    HDFC small cap fund: 3,000
    ICICI next 50 Index Fund: 2,000
    SBI Blue chip fund: 3000

    Please suggest me whether any changes are required in my portfolio. I am investing in all these funds for my wealth growth. So i choose all these funds of Equity in nature with high risk.

    Thanks & Regards
    K.Radhakrishna Reddy

  5. This article is really helpful in linking the aadhar with various Transfer Agents.

    Thank you for putting this information online.

  6. Hi Basavaraj,

    I am planning for my retirement. I am 46 yrs. Based on my affordability, I am planning to invest Rs.3000 in the following mutual funds for about 14 yrs duration, specifically in direct plans. Please do let me know your views. I have selected small/mid caps thinking that, in the long run, they would perform better compared to large cap.

    01. Franklin India Smaller Companies Fund (Growth/Direct)- Rs.1000
    02. Mirae Asset Emerging Bluechip Fund (Growth/Direct)- Rs.1000
    03. HDFC Mid-Cap Opportunities Fund (Growth/Direct)- Rs.1000


        1. Hi Basavaraj,

          Based on your inputs, I googled and got below information. My portfolio looks like:

          01. Franklin India Smaller Companies Fund (Growth/Direct) (Equity : Mid & Small Cap)- Rs.1000
          02. HDFC Mid-Cap Opportunities Fund (Growth/Direct) (Equity : Mid & Small Cap)- Rs.1000
          03. ICICI Prudential Long Term Fund (Growth/Direct) (Debt : Medium & Long Term)- Rs.1000

          Asset Allocation: Equity: 67% Debt: 33%

          I used online tool to understand asset allocation.

          I am right here? Please do suggest if I need to improve on.


          1. Hi Basavaraj,

            I also found that between Franklin India Smaller Companies Fund and HDFC Mid-Cap Opportunities Fund there is a 18% of portfolio overlap. Is it a safer margin?


              1. Hi Basavaraj,
                Thanks for the suggestion. Your helping nature is appreciable. Please do continue to contribute to new investors like me.


  7. Thank you for providing the detailed information. I was able to submit my details to Franklin Templeton only through the link provided in this blog; this I was not able to do earlier.

    I do hope you will continue to keep us up-to-date with similar blogs.

  8. Hi Basu,

    I had linked Aadhar thru camsonline(about 20days back)and also by physical submission of form and aadhar copy at CAMS centr(about 12days back). How much time do AMC’s/ CAMS take to let us know if the link has been successful. I presume there is no provision to check if aadhar is successfully linked to all MF’s

  9. Hi Basu,

    Is it mandatory to show the Gains in ITR even if it is redeemed after locking period of 1 Yr?


      1. Thanks Sir,
        how can i generate such statement which i can upload in ITR? Mine MFs are both server by CAMS & Karvy also. Can i generate one statement or need to generate separately.

  10. Hi Basavaraj,
    Sir, I have a CAN number from MF Utilities. I am buying MF’s via mfuonline portal. While registering there, i have not given aadhaar number but PAN. Now since i have linked PAN with aadhaar, is it fine i.e. no need to separately link aadhaar. Otherwise please let us know how to link aadhaar to CAN number provided by MF utilities. Thanks in advance.

    With Regards

      1. Hi Basavaraj,
        Thanks for the reply. When you say “using above procedure”:
        i) Are you saying to link aadhaar via CAMS. I have already purchased MF’s from SBI, Kotak, Birla sunlife amc’s which can be covered by CAMS.
        ii) But i also have one MF from motilal oswal. How to go about it?

        Please reply.






    1. Jayanti-If you are not the first holder of the folio, then usually the first holder name ONLY display. However, all holders of Mutual Funds must link their Aadhaar to Mutual Fund Folios. Also, check whether the fund you are investing will be managed by CAMS or some other R&T Agents. Based on that you have to update. What error you are getting?

  12. Hi,

    I want to invest Rs.1,00,000 lumpsum amount in SIP for 15years. This is to teach my son the power of compounding who is 10 years now. So when he attains age of 25 years he understands the importance of investments. Planned SIP amount is Rs.500 per month. Following are my queries:
    (a) How to invest in systematic transfer plan since it is lumpsum amout?
    (b) Which is the best mutual fund available in market today for investment? can you suggest top 3 of them that can be started with Rs.500?
    (c) Please mention the reason behind suggesting best funds?
    (d) Should I go with regular or direct plan? Will thre be any difference in returns or NAV between them?


    1. Skanda-I really appreciates your thought process. But keeping the money in the liquid fund for so long and STP of Rs.500 means you are not generating enough return from the capital of lump sum. Instead of keeping that money particularly for this goal of teaching your kid, better you utilize that money for your other financial goals and start a SIP separately for educating him.
      a) I already replied.
      b) Use single fund if your amount is Rs.500 like HDFC Balanced Fund.
      c) Equity and Debt allocation in ratio of 65:35 as default and tax efficient than separating the same. Also, with such Rs.500 it hard to diversify.
      d) Direct. Yes, the difference in return of around 1%. Never judge the fund based on NAV.

      1. Hi Basavaraj,

        Thanks a lot. I appreciate your quick reply. Your blogs are really an eye opener for beginners.


  13. Hi Basu,

    Thanks for the detailed Info. Would you be able to guide further on Franklin Templeton Mutual Fund (i.e. which site to go, steps etc.)? This is not serviced by either CAMS or Karvy. When I reached out to Customer Service of FT, they were clueless.

    Many thanks for your help.

    Thanks and regards
    Amol Tamhane

  14. Dear Basu, I need your opinion on my financial planning. My father died 5 yrs back. Now I’ve inherited 30 Lakh rupees from him. He didn’t made any house, instead he saved & invested money.

    I bought a flat with home loan of 12 lakhs @ 9%, I do prepay the home loan by 50k every 3-4 month from my FDs interest & monthly savings (3 Lakhs already paid off). I believe in debt free life so that I don’t have to compulsorily do a job under anyone. I’m unmarried 28 male, with plan to marry by 30. Is this correct way? Or should I invest the amount and let the loan EMI continue?

    Another thing is I’ve not taken any life insurance as I’ve 30 lakhs FDs which I inherited from my father. My theory is that why pay for premium when I have that much amount in cash with me which my family will get after my death. Although I’ve adequate PA insurance coverage so that I can get money if I survive any major accident. Is this theory correct?
    I’ve some MF investments and wish to put those 50Ks after loan closure as SIP in MFs.

      1. Dear Basu,

        What details you need? I’ve already given all info above. I’ve two questions basically, from the info given above.
        1. Should I prepay my Home-loan with 50k installments or Should I invest the lump-sum amount and let the loan EMI continue?
        2. Is my logic correct of not taking life insurance as I’ve 30Lakh corpus in FDs which my family will get anyway after my death. Then why waste money on insurance premium.

        I’ve some MF investments and wish to put those 50Ks after loan closure as SIP in MFs.

          1. Dear Basu, Thanks for the reply. Tell me what else information you need.

            I’m planning to start investing in stock market this year with small amount. Your articles (or a series of them) can be really helpful for many of us. Starting with some basics along with some methodologies you follow for picking stocks or creating/maintaining your stock portfolio. You’ve a good way of explaining things.

            I’m also curious on your learning curve about stocks, how your started and how you reached the position you’re in today. How your mentality changed from beginner as you matured in this avenue.

  15. Sir, I just tried to do that. The website is throwing programming script error after I submit the form after filling-in the required information. So, I guess it is back to maintenance mode now.

      1. This time it did work and I was able to successfully seed Aadhaar Number with my MF Folios. Thanks to you Sir.

  16. Thanks a lot Basu for this very important and informative article. I had completely forgotten about linking Aadhaar to my MF folios.

    Moreover, Government is asking all the link Aadhaar with various service providers such as with Mobile Numbers, Mutual Funds, Income Tax, and Bank Accounts etc.

    Please keep posting such posts at regular intervals.


    RK Bhuwalka

  17. Thank you Basu for sharing this step by step guide. This one is completely gone out of mind and you have shared this topic at the right time. These days almost everything is getting linked with Aadhaar and I forget about this.

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