Under the 'Invest Easy' initiative, investors will be able to start a SIP for MF (mutual fund) with Reliance Capital by sending an SMS through their registered mobile numbers
Reliance Capital Asset Management (RCAM) on recenly launched a SIP (systematic investment plan) in mutual funds through SMS under its 'Invest Easy' initiative..
As per the initiative, fund investors will be able to start a SIP by sending an SMS through their registered mobile numbers.
Mr. Sundeep Sikka, Chief Executive, Reliance Capital Asset Management said, "SIP through SMS is the latest service offering from RCAM. This feature will make it cost efficient and convenient for above 90 crore mobile users across pan India to participate make investments in mutual funds.'
Invest Easy' Initiative..!
This new feature has been launched under the company's 'Invest Easy' initiative, which aims to use technology for making it convenient for customers to invest in mutual funds.
Mr. Sikka also said "We already have above 2.5 lakh customers under the 'Invest Easy' initiative that allows investors to transact online on the net, on their mobiles, through call center and now using SMS. A large number of our customers are already migrating to the online platform and we see this number growing exponentially through this facility. The company would strengthen its reach among small-ticket investors through this initiative."
This is really educational in some way. Plus it is an interesting way of teaching it to us. I did learn from this.
ReplyDeletellc