The Fragmented Reality of Mutual Fund Investing in India
Most Indian investors do not buy mutual funds from a single source. Over 5 to 10 years of investing, your wealth gets dispersed across:
- Discount Brokers (Zerodha Coin, Groww, AngelOne): Demat-held units locked inside their closed-loop apps.
- Direct AMC Portals: Folios initiated directly on AMC websites or via MFCentral, CAMS, and KFintech.
- Bank RM Portals: Legacy Regular plan folios sold by HDFC, ICICI, or SBI bank branch managers with 1-1.5% commission drag.
- Fintech Apps: Kuvera, INDmoney, or ET Money.
When tax season arrives, or when you want to calculate your real annualized portfolio return (XIRR), no single broker app has the complete picture. Logging into 5 different portals is tedious, and copying transactions into Google Sheets breaks after a few dozen SIP cycles.
How Arthavi Solves Mutual Fund Tracking
Arthavi provides a unified mutual fund portfolio tracker for India built around the official regulatory standard: the Consolidated Account Statement (CAS).
1-Click CAS Import
Upload your monthly password-protected PDF or Excel statement from CAMS or KFintech. Arthavi parses all historic buy, sell, SIP, and dividend reinvestment transactions in seconds.
Accurate Cash-Flow XIRR
Unlike simplistic CAGR that assumes a single starting date, our XIRR engine evaluates the exact timestamp and rupee value of every SIP installment, giving you institutional accuracy.
Portfolio Overlap Analyzer
Holding 3 different Flexi-cap or Large-cap funds? Arthavi reveals when you are paying double expense ratios for the exact same underlying shares of Reliance, Infosys, and HDFC Bank.
Zero Gmail Scraping & Zero Broker Login
We never ask for your email password, Google OAuth read permissions, or broker credentials. Your financial statements stay in your control without ad tracking or loan spam.
Comparison: Arthavi vs Other Tracking Methods
| Feature | Arthavi | Broker Apps (Zerodha/Groww) | Google Sheets / Excel |
|---|---|---|---|
| Cross-Broker Tracking | ✓ Full (via CAMS/KFintech CAS) | Partial (only their platform units) | Manual entry required |
| SIP XIRR Calculation | ✓ Automated per folio & overall | Often buggy or limited | Requires complex `=XIRR()` formulas |
| Stock-Level Fund Overlap | ✓ Automated stock breakdown | ✗ Not supported | ✗ Impossible without external APIs |
| Privacy & Zero Ad-Targeting | ✓ Zero spam calls or loans | Brokers cross-sell F&O and margin | ✓ Private, but tedious |
| Direct vs Regular Expense Drag | ✓ Highlights commission loss | ✗ Often hidden by distributors | ✗ Manual calculation |
Frequently Asked Questions
How can I track all my mutual fund investments in one place?
The cleanest and safest way is to import your Consolidated Account Statement (CAS) from CAMS or KFintech. This pulls every folio across all Indian AMCs (HDFC, ICICI Prudential, SBI, Nippon, Parag Parikh, etc.) into a unified dashboard without linking broker credentials.
Can I track both Demat and SoR (Statement of Record) mutual funds together?
Yes. While broker apps like Zerodha Coin only hold units in Demat mode and platforms like Groww hold them in SoR or Demat, an official CAMS/KFintech or NSDL eCAS consolidates both. Arthavi reads this unified file to display your combined portfolio.
Why is XIRR more accurate than CAGR for mutual fund SIPs?
CAGR assumes a single lump-sum investment at inception. SIPs involve dozens of monthly transactions at fluctuating NAVs. XIRR (Extended Internal Rate of Return) accounts for the exact date and cash flow of every purchase and dividend, showing your true annualized return.
How does Arthavi detect mutual fund portfolio overlap?
Arthavi decomposes every scheme into its underlying 50–70 equity holdings and weighs them by portfolio allocation. If you hold both Parag Parikh Flexi Cap and UTI Nifty 50, Arthavi reveals the exact percentage of overlapping stocks (e.g., HDFC Bank, ICICI Bank, Reliance) so you can avoid unnecessary duplication.