Prudent Corporate Advisory services, an online mutual funds platforms for financial advisors announced the launch of Fundzbazar.com, an online guidance and distribution platform for investors looking to put their money into instruments mutual funds, FDs, bonds, etc.
A wide network of 62 branches in 17 states with 8163 channel partners cater to more than 2,80,000 clients. The newly launched site is meant for end-to-end guidance on investing in various financial instruments along with providing their detailed tracking to the consumers. The aim has been to make investing quicker, more convenient, and easier for both beginners as well as experienced investors.
Right from registration to executing transactions, no paperwork is required. With FundzBazar, investor can manage all the investments of family members with a single login. Combining the online investment platform with investment advisory service is the need of the hour. FundzBazar is designed to address this need where investor gets investing flexibility to invest anytime and from anywhere with its best in class technology backed by research based advisory support.
Mutual fund industry, having a current AUM of INR 14.41 Lakh Cr. (as on June 30, 2016) and live SIPs of more than 1 crore, is expected to grow at 15 per cent to 20 per cent CAGR for next couple of years. To tap this business opportunity, IFAs require a technology platform which helps in connecting and reaching out to more investors at once. With FundzBazar, Prudent has provided a smart and powerful platform to its large pool of IFAs to reach out and service maximum number of investors at one go, with more efficiency and less effort. At present, besides Mutual Fund, the platform also provides the online investment facility for Bonds and fixed deposits.
Apart from normal purchase and redemption transactions to enhance the investing experience, the platform also provides unique features like Step-up SIP, SIP Pause, multiple types of trigger and ready-to-invest WRAP portfolios. Investora will be able to choose from the various payment options – NetBanking, One Time Mandate, NEFT/RTGS for making the payment for their investments and SIPs.