Mutex is an application that serves as a complete Mutual Fund Distributor’s BackOffice Solution. Mutex supports multiple companies, Multi-ARN (AMFI Registration Number; AMFI=Association of Mutual Funds in India) and facilitates tracking at ARN level.

Mutex provides tracking of the transactions along with accurate brokerage calculations, brokerage reconciliation, commission calculations, and avoids duplicity in investor creation. The solution provides a web platform for the customers to check their portfolio with the current NAV (Net Asset Value), and profit and loss. The solution also provides features such as Monthly/Quarterly Portfolio Reports, Drilldown Reports, Finance Module and Audit Trail.

Features:

• Provides tracking at different levels that include 
  -  Registrar
  - AMC
  - Scheme
  - Branch
  - RM
  - Investor
  
  
• Prevents the investor duplication by taking RM and Branch at transaction level rather than investor level
• Supports:
  - Multiple Brokerage Schemes and Slabs
  - SIP/SWP/STP
• Imports:
  - Investor details
  - Transaction details
  - AUM details
• Calculates:
  - Brokerage Receivable
  - Commission Payable
  - Portfolio, Allocation, Returns
• Reconciles:
  - Brokerage
  - Commission
  - AUM
• Comprehensive Drilldown Reporting
• Multi-View Web Reporting for:
  - Client
  - RM
  - Audit log for all activities