Latest


Investments in mutual funds in Kerala cross Rs.7,000 crore

  •   Fri, Aug 21 2015 04:52:40 PM

Thiruvananthapuram, Aug 21 (IANS): Mutual fund investments in Kerala have crossed Rs.7,000 crore, an official revealed on Friday.

Sudip Kumar Mandal, assistant vice-president (Marketing), DSP BlackRock Investment Managers, said the total assets under management in the 44 companies that are into the mutual funds sector in Kerala have crossed Rs.7,000 crore.

"We have a share of around Rs.350 crore. We have now come out with a strategic initiative for the individual financial advisors (IFA), aimed at easing the transaction process and offering a seamless and superior service for the clients. It is called IFAXpress and can be operated on smart phones, laptops or desktops," said Mandal.

DSP BlackRock is a premier Asset Management Company in the country.

Mandal said there were about 22,500 IFAs in the country, authorised to sell their products. Of them, 3,500 have registered with IFAXpress, which is available free of cost.

 
  

Top Stories

M'luru: Walk-In Builders & Developers' new office opens at Mallikatte

  •   13 hours ago    4

Leave a Comment

Title: Investments in mutual funds in Kerala cross Rs.7,000 crore



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.

You might also like