Mutual Funds is our core business, and we have established clear leadership in the segment with difficult to replicate systems, processes and technology infrastructure. We have a rich legacy in this segment having shaped the industry’s development and introducing unique services. Our MF clients trust us to manage a large part of their operations efficiently.
Registrar and Transfer Agent (RTA) of MFs with 68% market share in AAuM
We are a trusted partner to ten of the 15 largest (based on AAuM) MFs in India, including all the four largest funds
Share in new SIP registrations
Investment in Fintuple Technologies Private Limited. The Company made a strategic investment in Fintuple by way of a primary and secondary acquisition amounting to 51% of the diluted total paid-up share capital in the form of Equity Shares. Founded in 2018, Fintuple is a new-age start-up which has launched niche technology offerings in the areas of client digital on-boarding, eKYC, fund reports, and other support digital solutions for AIF and PMS. In a short span, Fintuple has added marquee AIF brands and Banks to its client roster and is set to expand its footprint as the gateway connecting the digitally savvy consumers to digitally enabled manufacturers and providers, via APIs.
Agreement with Zerodha for acting as the Registrar and Transfer Agent (RTA) services – The Company has been appointed by Zerodha Asset Management Private Limited (“Zerodha”) as their Registrar and Transfer Agent for their proposed Mutual Fund business.
CAMS FIS/CAMSfinserv wholly owned subsidiary of the company collaborated with Microsoft India to develop Account Aggregator marketplace in India.
CAMSfinserv is working with Microsoft India to develop a robust technology foundation for the Account Aggregator (AA) marketplace in India, to accelerate digital transformation in areas such as credit lending, investment advisory and personal finance management. CAMSfinserv and Microsoft will work jointly to empower the Account Aggregator ecosystem by developing the digital capabilities necessary for stakeholders to seamlessly collaborate with each other, and drive inclusive financial growth in India.
CAMSfinserv is one of the first licensees to launch the path-breaking Account Aggregator services envisioned for consent-based data aggregation and sharing. Running on the Microsoft Azure cloud platform, CAMSfinserv’s AA offering will assure users with stringent commitments on uptime and speed of delivery while benefiting from Microsoft’s industry-aligned solutions supplemented by its strong R&D and product engineering capabilities.
CAMSfinserv AA will adopt some of the most stringent standards of privacy, security and data delivery standards that are envisioned by the regulator by integrating Microsoft’s security suite with the core architecture.
The Company has on a voluntary basis constituted a Board committee for considering the ESG initiatives. This committee will monitor, evaluate, and provide guidance on the Company’s policies, procedures, and practices with respect to ESG matters and will also oversee the Company’s public disclosure on ESG matters including any sustainability reports.
Company won the “Cloud Innovator of the Year” award in the Large Company Segment at the NASSCOM Enterprise Cloud Adoption Awards 2022. NASSCOM is the premier trade body and Chamber of Commerce of the Tech Industry in India and comprises over 3,000-member Companies including both Indian and Multinational organisations that have a presence in India.
CAMS and IIT Madras launch Fintech Innovation Lab. The lab is part of the CAMS CSR initiative to focus on ushering innovation & unravelling unique possibilities in the Fintech space and aims to be a world-class hub for research and applied technologies in financial technology space.
The Fintech Innovation Lab at IIT-M will develop research-based decision support systems to financial market players using fintech. The lab will see development of hi-tech solutions addressing the needs of the BFSI sector and will help develop Innovative Fin Tech models to drive Financial Inclusion. The lab will establish an exclusive R&D Cell to focus upon research leading to patents and developing algorithms for the broader use by capital markets and BFSI sector.
Ms. Nirmala Sitharaman, Hon’ble Union Finance Minister, inaugurated the lab at the IIT-M CSR Summit themed “CSR towards Technologies for a better tomorrow” on December 18, 2022 in the presence of IIT Director, professors, students and leadership teams from over 40 corporate houses associated with IIT-M.

The lab will establish an exclusive R&D Cell to focus upon research leading to patents and developing algorithms for the broader use by Capital market players and the BFSI sector.
The Company has received the In-Principle authorisation dated February 14, 2023 from Reserve Bank of India to operate as a Payment Aggregator (“Authorization”) under the Payment and Settlement Systems Act, 2007. As a specialised payment aggregator to the BFSI segment, the Company has been offering personalised payment options under the brand name CAMSPay to meet different use cases for Mutual Fund investors and Insurance policyholders for over a decade. CAMSPay has been an integral payments partner supporting Mutual Fund investors, Insurance policyholders and Loan borrowers for over a decade in enabling them move from paper-based mandate process to offering digital payment solutions. The in-principle authorisation from RBI to operate as a Payment Aggregator will widen the scope and coverage of CAMSPay.
CAMS Wins LACP Vision Platinum Award for its Integrated Annual Report FY 2021-22 The report has been ranked 15th among top 100 reports worldwide and has been given the additional honours of “Top 100 Report Worldwide” and “Best Report Cover Worldwide”.
CAMS has entered into definitive agreements with the founders of Think Analytics India Private Limited (“TAIPL”) and with TAIPL to make a strategic investment in TAIPL by way of a secondary acquisition amounting to 55.42% of the total paid-up share capital subject to the conditions set out in the definitive agreements referred above (“Transaction”).
TAIPL has become a Subsidiary of the Company became a Subsidiary. Think Analytics Consultancy Services Private Limited and Think360 AI, Inc. subsidiaries of TAIPL will become step down subsidiaries of the Company.
CAMS serviced Asset under Management (AuM)
Transaction volume
SIP Book
SIP Transactions
Unique Investors Serviced
Live Investor Folio
Investor Service Requests
Processed as pay-in/pay-out
*As on March 31, 2023 | **During FY 2022-23
We have taken our three decades of technology excellence and domain expertise, to diversify beyond mutual funds. These strategic business areas offer high growth potential, supported by regulatory developments and evolving investor landscape driven by technology. At CAMS, we seek to build on our market leading positions across these businesses and unleash growth potential.
We offer platform-based services to investors such as digital on-boarding, AML services, transaction processing, managing records, fund accounting and reporting, reconciliation and creation of MIS and reporting systems to alternative investment and other types of funds. We also offer intermediaries revenue and investor service management. To strengthen our competencies, we made strategic investment in Fintuple Technologies for a majority stake. A new-age start-up, Fintuple offers niche technology solutions for digital onboarding, eKYC, fund reports, and other support, and has marquee AIF brands and banks as its client. It is set to grow footprint as an API-enabled gateway connecting digitally savvy consumers, manufacturers and providers.
Our optimism in the business is driven by strong growth witnessed in the AIF and PMS space with number of SEBI registered funds rising from 649 in March 2020 to 1,044 in December 2022. Besides, the segment also offers potential for higher margins with customer willing to pay premium for better experiences.
Market leader in domestic AIF and PMS space – Serving 130 + fund houses (with 380+ schemes) with AUM of ₹ 1.50 trillion
1st AIF service provider in GIFT City

We offer policyholder platform through insurance repository to hold policies in dematerialised form. To the insurers, we offer a comprehensive service suite that enable policy servicing including support functions like renewal collection and benefit processing through digital as well as physical channels.
The segment is witnessing strong momentum with insurance policyholders proactively opting to dematerialise policies and undertake KYC, in response to IRDAI’s regulatory proposal. This highlights the intent of consumer in terms of aligning behaviour to take advantage of convenient regime. Also, with the mandate of KYC now finally in effect for general insurers, there is further scope to bring non-life on to insurance repository platform.
40% market share (by policies) in insurance repository business, with more than 5.2 million policies held.
4.2+ million e-Insurance accounts.
₹800 Crore Assisted Insurance companies to identify the policy holders in respect of unclaimed benefit amount.

The Company provides account aggregator (AA) services to banks, NBFCs and investment advisors amongst others, through CAMSfinserv, which has developed a robust aggregator platform. It acts as a single platform for consent-based financial asset data aggregation and sharing, and gives a unified view of all assets. It further facilitates in sharing specific financial information of user in an encrypted manner. Running on Microsoft Azure cloud platform, it ensures uptime and speed of delivery, and benefits from Microsoft’s industry-aligned solutions and R&D capabilities. It further integrates Microsoft’s security suite, adhering to the regulator’s stringent privacy, security, and data delivery standards.
Account aggregation is expected to witness significant growth given the huge data volumes across diverse industries like banking, insurance, pension and MF who have agreed for integration journey. Besides, there will also be scope for associated services like analytics and personal finance management. Our unique value proposition of coupling own digital solutions along with core AA offering has been well-received in the market, contributing to sign-ups with several marque clients.
We have also collaborated with Microsoft India to develop a robust technology foundation for the AA marketplace in India for accelerating digital transformation in credit lending, investment advisory, and personal finance management. It will enable stakeholders to seamlessly collaborate and drive inclusive financial growth.
Market leading position with 60+ significant FIU / FIP closures
Pioneered and became 1st to use AA data to validate customer bank accounts to eliminate risks and ease onboarding
1st to go live on the AA platform with pension data as a FIP
FIU – Financial Information User; FIP – Financial Information Provider;
TSP – Technology Solution Provider

We started the business in FY22, with the launch of industry first CRA platform on cloud in March 2022 to simplify customer journeys for eNPS. The platform and API stack has also been extended for point of presence (POP), to allow retail traffic on their website to use our platform for registrations. We further offer innovative features like using eKYC data to onboard pension customers and UPI-based bank account verification which are driving differentiation.
9.17% market share with 24.8k eNPS registrations
#2 in new eNPS sales during FY23 Achieved high subscriber satisfaction level
Above 90% CSAT (customer satisfaction) survey score for industry-defining registration journey that delivers satisfactory and intuitive experience

This business is a licensed KYC Registration Agency (KRA) for capital markets, providing services for verifying and maintaining KYC records of investors for use by financial institutions.

CAMSPay is an integral payments partner offering personalised digital payment solutions for MF investors, insurance policyholders and loan borrowers for over a decade. We manage mandated transactions, including registering of mandates, initiation of collections, reconciliation and the related reporting services for MFs, Insurance Companies and NBFCs. Our diverse payment solutions include UPI, UPI AutoPay, net banking, eSign Mandate and InstaNACH. The business is witnessing momentum supported by rapid strides made in the UPI (essentially P2P led). We are though focussed on UPI Autopay to ride this wave instead of UPI which is on zero-commission model.

The development centre for CAMS and clients technology requirements bringing deep domain specialisation in FS segment.
