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MFuniversa Platforms from AMFI	No. of Comments: 28

By Shahaji Babar, KARAD Maharashtra, 107978 On 13-Dec-2017

Many of us are using various MF Platforms for our transactions& also paying Yearly fees ranging from 9000 to 25000.Now time has come that in discussions with MF Advisors AMFI select the best platform or create a new platform that will be most useful& costing anything between 2000to 3000. It will be very helpful for both as Advisors will get best technology,AMFI Will get new way for earning as 25000 Advisors× 2000 = 50000000 (5 Crore) per year. At lowest cost of Rs 2000 per year.It will be awin win situation for both as whatever we are paying goes to our Mother Association also AMFI gives us back top technology & earns 5 Crore which will be used for betterment of MF Industry. I request all my Advisor friends to share their more& more views so that it reaches to top AMFI functionaries & comes into reality

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	Posted by rajeev kumar garg on 11-Mar-2018 ARN NO :26506 City :delhi
not good because bse star mf was giving its terminal free of cost to ifa near two month before so it must be also provide us free of cost to ifa so ultimate benefit to amc so they charge from amc

Posted by SURESH A HARDIKAR on 09-Mar-2018 ARN NO :ARN-2905 City :HUBLI

It is a very good proposal and it is time AMFI should try to spend sometime to provide a common platform using the best of the softwares available.Some software developers are reaping profits by fleecing the distributors and advisors by collecting hefty annual fees.After all if SEBI wants to protect interest of MF Investors then a cost effective software platform may be made available to distributors.

	Posted by Anand Jain on 08-Mar-2018 ARN NO :100748 City :Virar
AMFI Must take initiative it well help both industry and intermediaries to grow at faster pace and also save costs of AMCs and IFAs. Request to share it more and more.

	Posted by p.kanaka Durga on 08-Mar-2018 ARN NO :31995 City :chennai
Pl ptrepare a useful guide for advisors to follow the usage of your platform.

Posted by Shyam Gupta on 07-Mar-2018 ARN NO :4605 City :CHANDIGARH

I had given additional purchase in Canara Robeco Balanced Fund for Rs.3 lac on 21st January 2018 in the branch and i asked for cheque in favor of what then they told me write Canara Robeco Mutual Fund so i write it but from there side no response, no refund of cheque, in March i cross check it from their AMC bank they are telling that Payee Name is not correct that is why the cheque bonce and no purchase done, from our side no mistake and AMC not informs us. I am asking you what action we have to take ?

	Posted by S J KHAN on 07-Mar-2018 ARN NO :30680 City :NAGPUR
Yes Sir, I am with you.

Posted by Nagesh K on 07-Mar-2018 ARN NO :26824 City :Bengaluru

Good Morning to all. As one of my distributor friend pointer out, there is already a platform called "MF Utilities". This is a platform promoted by AMFI and all AMC''s. Sadly AMC''s are not actively recommending it. I am one of the user, but not fully using it due to lack of training and have not devoted my time to study the manual and use it. I think it will be better if MF Utilities organises training on the same. But, they require sufficient no. of distributors to attend the same. I do not think it is wise to contribute to AMFI for a new platform. I am against the idea.

Posted by Sadanand Thakur on 07-Mar-2018 ARN NO :46061 City :Chiplun

MF Utilities - MFUONLINE.COM is the best platform, which is promoted by AMFI and participating AMC''s. Only few drawbacks are as under which required to be implemented at the earliest: 1) CASTP 2) Step-up/ Increasing SIP facility. 3) Children Gift Fund investment facility 4) Flex SIP/STP 5) Providing API free of cost to distributors for integrating with e-commerce website of distributors. 6) Portfolio Tracker for investors 7) Goal Planning tool with facility to create baskets.

	Posted by VINEET SHARMA on 07-Mar-2018 ARN NO :1737 City :Jaipur
Good going..

	Posted by Raju on 21-Feb-2018 ARN NO :Distributor City :Mumbai
Surprising that the initiator of this discussion and many who have commented does not know that MFU is a platform of AMFI. In fact, it is very convenient for use. Where is the need for creating one more. Best part is, MFU is free. Why dont you guys now start using it?

Comment(s) 1 to 10 of 28

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