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Showing mutual funds and shares as proof of funds: net worth statement vs. portfolio screenshots

Canada • Study Permit • study 0 views
By VisaBuddies Communityvia community — compiled from public visa forums

Documents Needed

  • CA-attested net worth statement

    Shows your total net worth in INR (with a note converting it to CAD for clarity) — preferred over raw portfolio screenshots.

  • Separate account statement for living/travel expenses

    Requested specifically when IRCC asks for evidence of funds for travel and living expenses, distinct from your original core proof-of-funds documentation.

Step-by-Step

A member applying under study + SOWP + kids visa, who had originally shown investment assets (mutual funds, shares) as proof of funds, received a follow-up request specifically for evidence of funds for travel and living expenses, and wasn't sure whether to submit portfolio screenshots or a consolidated report.

What the thread recommended:
  1. A net worth statement attested by a Chartered Accountant (CA), stating the amount in INR with a CAD conversion noted for clarity, is the preferred format — rather than raw screenshots from your investment platform (like ICICI Direct), which are harder for an officer to quickly verify and interpret.

  2. For a specific follow-up request about travel and living expenses, use a different, more liquid account (like a bank account) rather than your investment portfolio — the request for travel/living funds is distinct from your original core proof-of-funds documentation and calls for readily accessible funds evidence.


The practical takeaway: for showing mutual funds/shares as proof of funds, get a CA-attested net worth statement (with an INR-to-CAD conversion noted) rather than raw portfolio screenshots — and if IRCC specifically asks for travel/living expense evidence separately, use a more liquid bank account statement rather than reusing your investment documentation.

Dos, Don'ts & Tips

  • Do: Get a CA-attested net worth statement (with a CAD conversion noted) rather than submitting raw portfolio screenshots.
  • Tip: For a specific travel/living expenses request, use a liquid bank account rather than reusing your investment portfolio documentation.

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