A folio number is the unique investor account identifier assigned by a fund house — it links all your investments across different schemes of the same AMC.
When you first invest with any AMC, they create an investor account and assign a folio number. All your investments in different schemes of that AMC fall under one folio (unless you open separate ones). Different AMCs assign separate folio numbers. A folio number is not a demat account — it's specific to each fund house. You can view, transact, and download statements using your folio number on the AMC's website or via RTA portals.
Think of a folio number as your customer ID at a mutual fund house. Just like HDFC Bank gives you one account number for all your accounts with them, HDFC Mutual Fund gives you one folio number for all your schemes with them. Mirae Asset gives you a different folio number. You need this number to track investments, update nominee details, or submit offline redemption requests.
Created automatically on your first investment with an AMC.
Multiple schemes of the same AMC can share one folio.
Separate folios can be created if needed (e.g., for joint holdings vs. sole ownership).
Folio numbers appear in your account statements, CAS, and AMC portals.
AMFI's MFCentral consolidates all folios across AMCs.
Ananya has investments in: - SBI Equity Hybrid Fund → Folio 1234567 with SBI MF (managed by CAMS) - HDFC Top 100 Fund + HDFC Bond Fund → Folio 9876543 with HDFC MF (managed by KFintech) - Mirae Asset Large Cap → Folio 5551234 with Mirae Asset MF Her Consolidated Account Statement (CAS) from NSDL/CDSL shows all three folios in one document.