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  • MF News Axis MF asks investors to consult financial advisors

    Axis MF asks investors to consult financial advisors

    The latest Axis MF campaign urges investors not to act upon news without checking its credibility.
    Team Cafemutual Jan 15, 2019

    In the wake of fake news getting forwarded among investors, Axis Mutual Fund has launched a campaign for investors to act responsibly when it comes to such messages on money and investments and urges investors to not act upon or spread news which they are not sure of.

    The underlying message is to consult a financial advisor instead of getting influenced by unverified news, and in this lies the act of responsibility.

    The campaign comes at a time when people are heavily influenced by news that gets circulated on social media and messaging apps.

    In a press release, Rohan Padhye, VP - Marketing, Axis MF said, “It is imperative to keep guiding investors on various aspects of investing which the financial advisors are anyway doing. As a responsible mutual fund, our objective is to create awareness about responsible investing practices and how one can become a responsible investor.”

    He further said, “While we consider ourselves responsible for playing the role of a credible and responsible asset management company, we would expect similar reciprocation from our large retail investor fraternity to be alert and disciplined in their approach and not fall prey to unsolicited, fake information and rumours.”

    Axis Mutual Fund’s latest campaign shows people randomly forwarding and reacting dramatically in different situations after reading a red alert message on markets. The video ends with a message urging investors to be responsible and not spread or act upon any fake news when it comes to investments and instead consult a financial advisor.

    Click here to watch this video.

     

     

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    4 Comments
    vikas Gupta · 5 years ago `
    Its a welcome initiative from an amc whose major part of aum comes from its associate bank & at a time where some amcs have assigned DIRECT targets to their staff with incentives.
    Vishal Rastogi · 5 years ago `
    Its nice if it is really done....... Further request from Axis Management is to stop miss-selling first at their counter first.
    Rajesh Tatia · 5 years ago `
    Great but still pending more
    Vinod Tantri · 5 years ago `
    It's a welcome step. Direct is going to be the synonym of missell in future MF industry. Informed investor can only become the long term Investor. That is possible only through responsible partnership between Manufacturers (AMC) and intermediaries ( distribution).


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