Transformation is the key to success, whether it is in life or business. The 21 st   century is the era of digitalization & businesses are growing exponentially using cutting-edge technology across industries. The Indian mutual fund industry is also growing at a tepid pace & targeting to touch 100 trillion by 2030. In order to match the pace, Mutual Fund Distributors (MFDs) are also required to adopt the best-in-class technology in their fund distribution business, the best   mutual fund software . MFDs must understand that competent mutual fund software will not only simplify the management of their existing business but help them grow multi-fold. Therefore, it is equally important to wisely select the correct mutual fund software, offering a single window of fintech tools & techniques that work for the benefit of both MFDs & their clients. Wealth Elite is the best   mutual fund software in India   market that an MFD requires to manage its business. ...

The 21 st  century is the century of technology and digitalization.  Technology has not only enhanced the performance of all business operations but completely transform how businesses work across industries. Likewise, there is a prominent role of technology in transforming the work culture of Mutual Fund Distributors in India. With the intermediation of Fintechs offering Mutual Fund Software and other digital tools, MFDs are now able to focus on business development rather than daily firefighting activities. Various companies are offering  Mutual Fund Software , some of them are cheap and immaterial, and others are offered by large brokers to just create sub-brokers, with the main aim to make sub-brokers. Therefore, it is very important for MFDs to check the primary features while purchasing software that is going to run their business. Mutual Fund Software must offer a complete package to MFDs for their business, and the required tools to get a complete picture of the f...

  AMFI conducted a strong awareness campaign “Mutual funds Sahi hai”, that advocates mutual funds as the ‘right choice’ for investment. As a result, there is a steep rise in the volume of direct investors in the market. The latest updates by AMFI report that the AUM of the industry contributed by retail investors have increased from ₹8.5 trillion to ₹21.6 trillion since the launch of the campaign in March 2017. It is a rise of ~2.5x with an increase in the share of retail investors out of total AUM from 45.9 % to 55.4 %. Still, the Indian mutual funds industry is way smaller than many developed countries. Black Rock Funds is single-headedly managing assets worth US$ 10 trillion, which is much larger than the overall AUM of the Indian MF industry. It is also noticeable that there are not more than 60,000 mutual fund distributors in India despite substantial growth in the industry. The segment of Mutual fund distribution in India is outrageously under-penetrated where only one MFD is...