Listen to this article
On the occasion of the World Investor Week held during October 9 and October 15, the members of Madhya Pradesh’s Central India Mutual Fund Distributor Association (Central India MFDA) have pledged that they will create awareness about mutual funds across the state and do at least 10,000 new SIPs in a month.
They took this decision during Bharat Nivesh Yatra recently conducted in Indore by AMFI.
Rajesh Kulwal, President, Central India MFDA and Harish Krishnani, Secretary, Central India MFDA told Cafemutual that over 600 members of the association will participate in this massive SIP drive starting from October 16 to November 15. In fact, a few MFDs have set an internal target of doing at least 100 new SIPs in a month.
The drive will be carried out across 7 cities – Bhopal, Burhanpur, Gwalior, Indore, Khandwa, Ratlam and Ujjain.
Kulwal and Krishnani further said that many AMCs have been helping the association by providing educational content and conducting training programs across cities.
