PAN Card: You will get complete details of your investment through PAN card, get details with just 1 click..

PAN Card: Any important work related to money is not possible in India without a PAN card. Whether it is filing income tax, buying property, or investing, a PAN card is required everywhere. The government keeps a record of every person's financial transactions through this. Nowadays, most people are investing in mutual funds, some through SIP, some in tax-saving schemes, and some by investing a large amount (lump sum) at once. The problem arises when, with time, it becomes difficult to understand how much money is invested where and how much return is being received.

If this is happening with you too, then now you can find out through your PAN card number only where you have invested, in how many funds, how much money is invested, and how much return you have received so far. That means now there is no need to open folders or search for papers to track the entire investment, just enter the PAN number and you will get complete information.

Why is it easy to track investments with a PAN number?

PAN number is not only for paying income tax, but it also works to link all your mutual fund investments together. Even if you have invested in many different companies or funds, with the help of PAN, all the information is available in one place.

This not only lets you know where you have invested money, how much return you have received so far, but it also makes it easy to know how much tax you have to pay, and how to calculate capital gains. That is, the PAN number has become the easiest way to clearly show your financial picture. Now getting investment information has become easier than ever. With the help of SEBI rules and digital technology, you no longer need to go to the website of every mutual fund company and log in separately.

Details will be available from this report.
You can see all the information from one place with the help of just your PAN number. For this, you get a Consolidated Account Statement, i.e., CAS. This is a report that contains complete information about all the mutual fund folios linked to your name. It shows when and in which scheme you invested, how many units you have, what the current value is, whether SIP is ongoing or has been stopped, and what return you have received so far. That is, with just one report, you can understand the account of your entire investment, that too easily, without any hassle.

Disclaimer: This content has been sourced and edited from News 18 hindi. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.