Key Takeaways ● External mutual fund holdings can leave your client records and AUM view incomplete. ● CAS uploads and OTP fetching bring those investments into your portfolio records. ● A top mutual fund software in India like Wealth Elite brings held-away data into wealth reports and family AUM reviews. ● A complete portfolio view supports clearer advice and informed consolidation discussions. Your clients may hold mutual funds across several platforms. Some investments came from an earlier distributor. Others were made through direct plans or external apps. You may manage their active transactions, but those outside holdings can remain out of view. That leaves gaps in your client reviews and family AUM records. A top mutual fund software in India can help you bring these investments into one view. How Can You Collect External Portfolio Data? Wealth Elite supports three ways to bring external mutual fund hol...
The Rising of the Indian Mutual Fund Industry India has witnessed exponential growth in the mutual fund industry during the last decade, primarily due to the large size of the population of the country, with rising wealth. People now are more educated and aware of investing and they have started considering mutual funds as a second source of income. Not for individual investors only, mutual funds have become an important investment vehicle for institutional investors like EPFO as well. Therefore, Mutual Fund Distributors also need to upgrade with advanced Mutual Fund Software . The growth in the mutual fund industry is one of the major developments in the financial markets of India. As of November 2022, the assets under management (AUM) of mutual funds stood at ₹ 40,49,440 crore. The size was ₹ 7.93 trillion as on November 30, 2012, which means a rise of more than 5 fold in a period of 10 years. And as per AMFI estimations, the Indian Mutual Fund Industry has the potential ...