According to the Analysis of Association of Mutual Funds in India, for the AMC attract more investors is not that easy and cheaply, contrary for them it is more expensive than the others and they are just focusing on the t-15 cities for the business, furthermore, the situation didn’t change at all as it now, and as the result distributors do not have the large market for their establishment, neither have many investors, to which they can offer their services. Data says 89.75% distributors assigned by the AMC are limited to the T-15 cities; moreover, the rates of active distributors are just 18% of reported figure of AMFI.
On the basis of all those reported data the situation isn’t much favorable for the distributors, and in this condition, Mutual fund software works as the trump card for the distributors, no matter in which city they have their office, they can still convert any investor into their customer through this software, because it has online accessibility, so you can offer your services to your clients without thinking regarding the place and the time. With the advanced technology of this software, they can offer high-tech services to their customers and hammered their name among the investor’s society by winning the trust of their customers, while keeping their phase with the modern and hi-tech era of the money market. They can maintain the record of transactions, report as well as manage the portfolio of their clients. Along with all others facility, they can also perform the online transactions of their registered AMC for your clients. This way wealth E-office works as the growth booster for the mutual fund distributor’s business.
Although competition is so high and the chances are so low for the distributors compare to the banks, IFAs and corporations but with the help of this perfect software they can get the win over them and attract many investors from the various cities.
�One can extend limits by pushing themselves�
Mutual Fund Software works as the prominent tool to push the growth of mutual fund distributor’s business, and extend the limits of them and their market, so that, they can provide their services to the more and more investors, without worrying about the investor’s city.