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Today Investments are not Risky, in fact they are Generating Productivity

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Startupcity, in this issue presents a list of ‘10 Best Mutual Funds Startups-2023’ who have leveraged their extensive industry expertise and experience in providing excellent services. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and our editorial board.

Technology has transgressed Banking and Finance industry to such an extent that we can operate any new or old scheme from anywhere, anytime. Technological advancements and its tools have ushered the most calculative benefits such as remote services. You need not struggle like before i.e. visiting the centers to get your work done. Similarly, various technology-based tools, software, apps, and websites initiated by startups are driving the growth of Mutual Funds and Investments.

Funding and investment are no more an alarming task. We can not only evaluate, in fact compare the schemes, know more about the past records of investors, and explore various options before deciding something major. AI, ML, and IoT have boosted the possibilities for various aspects like ex post performance data and comparison standards reflecting many investment horizons, reinvestment assumptions and investment parameters.

Technology is enhancing every step of Mutual funding process. Internet, intranet and extranet is helping in identifying investors, build connection and understand the mutual purpose & goals, learn the new aspects and unlearn the old ones. IoT is helping in researching and further keeping a proper track on the market, in order to take wise decisions without any fear. Current websites, tools, social media, apps, courses, and webinars are indeed helping to learn constructive knowledge and skills about Mutual Funds Distribution business.

Building loyalty chain and earning credibility was quite difficult earlier, but now AI-based tools helps MFDs to generate good digital marketing leads and reach their target audience. From laborious manual process to digitalized process, MFD business is evolving and shaping into the most trustworthy industry with the help of software. Each and everything is safeguarded with tight security process where only the individual investor can know the updates. Further, it has structured online processes to conduct activities such as customer onboarding, KYC verification, portfolio management, addressing queries, and more.

In order to streamline all the MFD operations, CRM software assists mutual fund distributors to maintain and balance relationship with the clients more effectively and efficiently. Therefore, Mutual Fund market is developing and evolving with new opportunities for the young generation to involve and play a major role in the market. Moreover, mutual funds are promoting young minds and new ideas to set a benchmark and make money.