8 Oct 2021 marks the formation of the Central India MFD Association (CIMA), which will work towards the welfare of MFDs across central India and its surrounding areas.
Six mutual fund distributors associations have come together to form CIMA. These associations are - Insurance & Investment Advisors Association (Indore), Gwalior Division Mutual Fund Distributors Welfare Association (MFDA), MFDA Ratlam, Mutual Fund Distributors Association (Bhopal), Nimar IFA Association and Individual Financial Advisors Association (IFAA), Jabalpur.
Rajesh Kulwal, President, CIMA said, “CIMA strives to reach out to every nook and corner of central India and its surrounding areas. It will act as a single point of contact for all six associations.”
Here are the signatories of the newly formed association:
President |
Rajesh Kulwal, Indore |
Vice President |
Manoj Sharma, Gwalior Krishn Kumar Sahu, Khandwa Jakir Husan Bohra, Ratlam |
Secretary |
Harish Krishnani, Bhopal |
Joint Secretary |
Amit Maheshwari, Bhopal |
Treasurer |
Saurabh Shrivastava, Bhopal |
Media Incharge |
Hrudayesh Patil, Jalgaon |
Board Members |
Vinod Agrawal, Gwalior Ajay Bhavsar, Ratlam Sanjay Kumar Mirani, Bhopal Anurag Shrivastava, Gwalior Rajesh Gupta, Indore |
Rajesh said, “CIMA already has around 400 members. MFDs who are not a part of any of the six associations can register with CIMA by getting in touch with the signatories in their nearby location.” He further added, “MFDs are required to pay nominal membership fees of Rs. 100 only.”