Mutual fund companies can use web based long code SMS services to update NAV values, bonus, dividends, if using SIP (Systematic Investment Plan) so can send reminders to next due date of installment, fund value etc.
A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal.
Company to agents
• Send Daily NAV of all funds
• Update agents of recent funds and offers by the corporate.
• Inform agents of conferences, conferences command by the corporate.
• Inform agents of any changes in commissions etc
• Provide daily(or weekly) updates of NAV?s of the funds invested in
• Improve CRM- Send wishes on birthdays, anniversaries and other special days
• Inform investors of new funds and offers