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The top Mutual Fund Software in India Help MFDs?

Managing finances accurately is one of the most critical aspects of being a Mutual Fund Distributor (MFD). Yet, many MFDs find themselves bogged down with endless calculations and paperwork. These tasks often consume the entire day, leaving little room for strategic planning or client interaction. Despite the effort, there’s still room for error, which can harm both client trust and business efficiency. This is why MFDs need reliable   mutual fund software for distributors   to streamline their processes and enhance accuracy. Challenges MFDs Face with Manual Calculations Every day, MFDs deal with complex calculations, market updates, and client demands. Managing these tasks manually presents several challenges: Error-Prone Processes Manual calculations are susceptible to mistakes, especially when dealing with large volumes of data. Even a minor error can lead to inaccurate reports and decisions, which can negatively impact clients’ investments. Time-Consuming Tasks Manually ma...
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Is Video KYC in Mutual Fund Software Beneficial for Advisors?



Few years back advisors used to collect KYC through manual method wherein physical documents and verification was involved in the process. This process even consumes lot of time of advisors and investors and ultimately proves costly. Such pattern hampers the growth of the firm and impacts other functions too.

The Mutual Fund Software easily solves the issue of the advisors through Video KYC feature that reduces the efforts of the advisors. Wealth Elite provides best services to the advisors through wealth management platform.

Benefits of Video KYC

  • Quick verification within no time.
  • Low cost solution.
  • Saves time of advisors and investors.
  • Online process of verification.
  • Access from anywhere.

Issues without Video KYC

  • Long time in verifying investors.
  • Advisors need to manage physical documents.
  • High cost of operation.
  • Limited number of investors can be verified.

Thus, video KYC is the first priority for the advisors in order to deliver effective and fast services to the clients and also improves the efficiency of the firm. The advisors not using the latest features and technologies are facing issues in their firm and finding it difficult to attract new investors and also managing the existing one.  

For more information, visit@-https://wealthelite.in/

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Location: Indore, India Indore, Madhya Pradesh, India

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