Introduction
Investing in mutual funds is a great way to grow your wealth, and HDFC Mutual Fund is a popular choice for many investors. One of the key aspects of mutual fund investing is keeping track of your investments and monitoring their performance. In this article, we will explain how to check the status of your HDFC Mutual Fund using your Folio Number.
What is HDFC Mutual Fund?
HDFC Mutual Fund is a subsidiary of HDFC Asset Management Company Limited, which was founded in 1999. It is one of the largest mutual fund companies in India, with a wide range of investment options and a track record of strong performance.
What is a Folio Number?
A Folio Number is a unique identifier assigned by mutual fund companies to individual investor accounts. This number is used to track the performance of your investments, and it is important to keep it safe and secure.
Steps to Check HDFC Mutual Fund Status with Folio Number
Go to the HDFC Mutual Fund website (https://www.hdfcfund.com/) and click on the "Investor Corner" tab.
Click on the "Investor Services" option and select "Account Statement".
Enter your Folio Number and select the period for which you want to view your account statement.
Click on "Submit" and your account statement will be displayed on the screen.
Alternative Ways to Check HDFC Mutual Fund Status
Apart from the online method, there are other ways to check the status of your HDFC Mutual Fund. They are:
Through HDFC Mutual Fund Mobile App: Download the HDFC Mutual Fund app from Google Play Store or Apple App Store, login with your credentials and check the status of your investment.
Through SMS: Send an SMS in the format "HDFCMF <SPACE> AccountNumber <SPACE> TRANSACTION PASSWORD" to 5676712 from your registered mobile number to receive the account statement.
Precautions While Checking HDFC Mutual Fund Status
It is important to keep the following precautions in mind while checking your HDFC Mutual Fund status:
Make sure you are accessing the HDFC Mutual Fund website or app from a secure device and network.
Do not share your Folio Number or other login details with anyone.
Always log out from your account and close the browser or app after use.
Benefits of Checking HDFC Mutual Fund Status Regularly
There are several benefits of checking your HDFC Mutual Fund status regularly:
You can monitor the performance of your investments and take corrective action if required.
You can keep track of your investments and plan your finances better.
You can ensure that there are no errors or discrepancies in your account statement.
Conclusion
In conclusion, checking your HDFC Mutual Fund status with your Folio Number is a simple and convenient process that can help you stay on top of your investments. By following the steps mentioned in this article and taking the necessary precautions, you can ensure that your investments are secure and performing well.
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