SUBSCRIBE NEWSLETTER
  • Change Language
  • English
  • Hindi
  • Marathi
  • Gujarati
  • Punjabi
  • Tamil
  • Telugu
  • Bengali
  • MF News New and improved mailback services for distributors

    New and improved mailback services for distributors

    CAMS has introduced new features in its reporting system to provide you a more convenient mailback service.
    Nishant Patnaik Mar 17, 2018

    CAMS has improved its existing mailback services by doing away with the restriction on AMC reporting, increasing the number of scheduled requests, and longer duration of data retention so that distributors are able to report conveniently with a single click.

    Mailback services help distributors get their business reports in an email. From gross commission statements across CAMS serviced fund houses to assets under advisory at the fund house level, mailback services take care of all business details.

    In an email sent to distributors, CAMS said, “We understand and appreciate the importance of mailback services for you and your business. With an aim to scale up existing mailback services to improve usability & convenience, we have enhanced our existing mailback services. You will not have to face restrictions in mailback reports, restrained data availability and limited validity of report links anymore.”

    CAMS has done away with the restriction on AMC reporting. This means you can select multiple AMCs in a single report. “No more separate reports for each AMC for reports on transaction, static information, AuM and unit balances,” CAMS said.

    The registrar and transfer agent has also increased the number of scheduled mailback requests from 7 to 10. CAMS issues mailback on close to 65 reports.

    Another important development is longer data retention. The data will have an extended validity of seven days instead of the current two days.

    Have a query or a doubt?
    Need a clarification or more information on an issue?
    Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

    Click to clap
    Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.
    0 Comment
    Be the first to comment.
    Login or Sign up to post comments.
    More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

    Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.
    Cafemutual is an independent media platform and focuses on providing knowledge and information for the benefit of finance professionals. We do not promote any particular brand or asset category.