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MF investors can transact via WhatsApp, apps

Last Updated: Tuesday, March 24, 2015, 18:12

These new facilities will help investors in buying or selling mutual fund (MF) products in a simpler and faster manner.

Ease of doing biz: MF investors can transact via WhatsApp, apps

Last Updated: Sunday, March 22, 2015, 13:30

To attract retail investors, mutual fund houses are tapping social media platforms like WhatsApp and a host of other calling and messaging apps to facilitate transactions in MF products.

MF exposure to bank stocks surges to Rs 70,000 cr in Nov

Last Updated: Sunday, December 21, 2014, 11:06

MFs collect funds from various investors for investing in securities such as stocks, bonds, money market instruments and similar assets.

MF accounts drop by over 24 lakh during Apr-Nov

Last Updated: Wednesday, January 1, 2014, 13:48

Mutual fund industry has lost an estimated over 24 lakh investors, measured in terms of individual accounts or folios, in the first eight months of the current fiscal.

'Direct plans likely to bring down costs for MF investors'

Last Updated: Sunday, December 9, 2012, 18:08

"The move to implement direct plans will help in reduction in total expense ratio under a scheme by around 60-70 basis points," Quantum Mutual Fund Chief Executive Jimmy A Patel said.