Mutual fund corporations will use internet based mostly Short Code SMS services to update NAV values, bonus, dividends, if mistreatment SIP (Systematic Investment Plan) thus will send reminders to next day of the month of installment, fund price etc.
A Mutual fund may be a trust that pools the savings of variety of investors WHO share a standard money 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