Use our CAMS, KFIN Auto Upload, Auto Download Invoices for a seamless experience.
Reconcile Receipts, File GSTR‑1, 2 ITC, 3B and your entire books in a single place — purpose-built for MFDs in India.
Import, reconcile, invoice, and file — without spreadsheets or re-entry.
Upload your CAMS or KFintech or other vendor invoice — AI pulls vendor, GSTIN, amounts, and tax breakup. Prefer typing? Fill the form yourself. Need volume? Use bulk. Review either way before you generate.
Auto-calculate CGST, SGST, and IGST from state and vendor rules — correct SAC codes and rates on every line, every time.
Manage multiple ARNs, companies, or vendor accounts under one login — each with its own GSTIN and billing settings. Works for MFDs with multiple entities and any business with multiple vendor relationships.
Generate invoice files in the exact format CAMS and KFintech expect — with AMC codes, product codes, and member codes pre-filled. No re-entry, no rejections.
Major AMCs and standard invoice narrations are preloaded — pick from the list instead of retyping AMFI codes and line descriptions on every GST invoice.
Match expected vs received payouts across AMCs, flag short payments, and lock each billing period with confidence.
Ledger-style books per ARN with standard narrations for sales invoices and credit notes — ready for your books export.
| Date | Narration | Debit | Credit |
|---|---|---|---|
| 03/05/2026 | To Sales Invoice Ref /Inv No: GR-2627-INV-1 (BM/26-27/00001) | 1,36,219.94 | — |
| 18/05/2026 | By Credit Note Ref/Crn No : GR-2627-CRN-1 (BM/26-27/CN00001) | — | 24,519.59 |
2FA, role-based access, complete audit logs, and period locking — bank-grade.
One ARN month. Six clear beats. Same numbers end to end.
Get the statements
CAMS Excel + ZIP from mailback. KFintech: one ZIP from the portal. Or Auto Download.
Load payouts with AI — or enter by ARN, AMC, and period.
Build the month
Eighteen gates — taxable value, 18% tax, and net checked hard before anything ships.
GST tax invoice PDF from approved lines — ARN, GSTIN, AMC, SAC, tax breakup.
Lock first. Files for RTA stay blocked until lock, duplicates, and signature clear.
Ship to the registrar
Upload to CAMS or KFintech — or Auto Upload. (KFintech captcha stays manual.)
Product gates — not a checklist written after a rejection.
See revenue trends, outstanding invoices, top vendors, and payment status — all at a glance.
All plan prices are exclusive of GST. WhatsApp us for plans, addon modules (worth asking about), a demo, or any questions. For a trial: onboard free and experience it.
Start Free, Pay anytime in Q1–Q2 and Continue for FY 26–27
Ideal for a single company getting started with AI-powered invoice automation.
For growing teams handling multiple companies and high invoice volumes.
Multiple ARNs? Try our workflow.
Custom infra, integrations, and SLAs for larger teams.
Replace scattered spreadsheets and manual Word invoices with one controlled workflow.
Practical guides on GST invoicing, RTA workflows, SEBI BER, and CAMS / KFintech uploads.
Under SEBI BER (from April 2026), GST-registered MFDs must upload a valid tax invoice so the AMC can reimburse 18% GST on trail commission. For many AMCs, that upload happens on the CAMS distributor portal.
Read articleMutual fund distributor commission is taxed at 18% under SAC 997152. The question is not the rate — it is the split:
Read articleAfter 1 April 2026, the useful question for most ARNs is not “what is GST?” — it is “am I leaving the 18% on the table?”
Read articleIf you are a GST-registered mutual fund distributor (MFD) or ARN holder, raising a correct tax invoice is only half the job. Every invoice you issue to an AMC must also appear in your GSTR-1 return on the GST portal —…
Read articleRaising a correct GST invoice for each AMC is only half the job. Every invoice must also reach the GST portal — either through a full GSTR-1 return or through IFF (Invoice Furnishing Facility) if you are on the QRMP s…
Read articleFrom April 2026, SEBI's Base Expense Ratio (BER) framework changed how mutual fund distributors get paid. Trail commission arrives net of GST. The 18% GST component is reimbursed only after you upload a valid tax invo…
Read articleIf you raise GST invoices for mutual fund trail commission, the service classification on every invoice should be SAC 997152 — financial intermediary / agency services under GST. Use a generic “business support” or “c…
Read articleFrom 1 April 2026, SEBI's Base Expense Ratio (BER) framework changed how mutual fund distributors get paid. Trail commission arrives net of GST. The 18% GST is reimbursed only after you upload a valid tax invoice to t…
Read articleMFDLedger is built by Suba Info — an India-based technology company focused on practical, compliance-ready tools for mutual fund distributors and GST-registered businesses.
We started with a simple observation: ARN holders spend too many hours every month on GST invoicing, receipt reconciliation, and RTA uploads — work that should take minutes, not days. MFDLedger is our answer — purpose-built workflows, audit-friendly controls, and exports that match how MFDs actually operate.
We are not a faceless platform.
We have a real office, a direct support line, and a team that stands behind the product. When you use MFDLedger, you work with people who understand distributor billing, GST compliance, and the pressure of month-end close.
Answers
Straight answers on GST invoicing, CAMS & KFintech, returns, pricing, and how your data stays private — written for MFDs evaluating MFDLedger.
Still have a question? Talk to usA quick summary of how MFDLedger handles your information.
Your message reaches a team with day-to-day expertise in RTA process, GSTR, and accounting — for MFDs across India.
Ready for this ARN month
Start free — pay anytime in Q1–Q2, continue for FY 26–27. Built for ARN holders across India who need invoices, registrar files, and books in one place.
Questions on plans or addons? WhatsApp us · See pricing