Union KBC launches two investor centric initiatives: Prabodh, a series of investor awareness programs and ATMfunds@Union Bank which would allow investors to conduct MF transactions through Union Bank of India ATMs.
Varanasi: Both these initiatives were launched by U. K. Sinha, Chairman, SEBI in the presence of M. V. Nair, Chairman, Union KBC and G Pradeepkumar, CEO, Union KBC, according to a press release
“Through Prabodh, Union KBC commits to awaken retail investors’ interest in mutual funds, and enlighten them towards the opportunities that mutual fund investing can offer. One such campaign has been active in Uttar Pradesh since the beginning of September 2011 and we have succeeded in getting thousands of SIP applications so far from retail investors into the Union KBC Equity Fund,” says M. V. Nair.
This is a key initiative from the AMC. G Pradeepkumar says, “Prabodh is a commitment to provide 1000 AMFI investor awareness programs for ordinary investors across India over the next 12 months. It is a multi-layered initiative which not only focuses on education, but also on the practical goal of getting more informed clients to invest in mutual funds.”
