Cafemutual loves to celebrate the success of each SIP drive and inspire fellow MFDs to execute innovative drives. In the year gone by Cafemutual has covered more than 90 success stories, which has seen a whopping rise of 48% over the previous year. The actual number is much higher at individual MFD level as we have covered at least two distributors in one story.
Of late, we have been receiving multiple queries from MFDs/RIAs on how can they get their SIP drives covered on Cafemutual’s website.
Here are the top three frequently asked questions:
Q: What is the minimum number of SIPs to be booked?
A: Minimum 100 SIPs for MFDs/RIAs located in T30 geographies and minimum 50 SIPs for B30 geographies. Please note, all SIPs must be booked on a single day. Both, digital as well as physical SIPs can be considered in the total count.
Q: Are all drives with more than 100 SIPs covered?
A: We encourage theme-based SIPs with life goals like retirement, children education, cash flow management and so on. Further, we also give high weightage to SIP drives conducted for specific investor categories like women, millennials, etc. A unique and distinctive approach is also appreciated. Having said this, the decision to cover a SIP drive is at Cafemutual’s discretion. Our team takes utmost care to evaluate the drive details diligently before making any final call.
Please note that SIP drives executed for a particular fund or new fund may not qualify.
Q: How can I share drive details with Cafemutual?
A: You can send your stories at newsdesk@cafemutual.com, nishant@cafemutual.com or karishma@cafemutual.com. Alternatively, you can also get in touch with Nishant at 73039 03692 or Karishma at 84240 06892.
