Mutual Fund Transaction allowed for Stock Brokers

Stock broker to deal with Mutual Funds
SEBI has come up with an innovative idea to widen the distribution network in market especially in Mutual Fund sector by allowing registered stock brokers to do the transaction on behalf of their clients.

The brokers need to clear the certification exam by AMFI (Association of Mutual Funds in India).

Top Position to BeES
Banking Index Benchmark Traded Scheme, the scheme launched by Benchmark Mutual Fund in May 2004 emerged as a top performer in 3 and 5 year timeframes. However average results were seen in shorter timeframes.