Sundaram MF in pact with MF Utilities

March 20, 2015 10:59 pm | Updated 10:59 pm IST - CHENNAI:

Sundaram Asset Management Company Ltd, asset managers of Sundaram Mutual Fund, has entered into an agreement with MF Utilities India Private Ltd (MFUI), an initiative taken by the mutual fund Industry for the convenience of investors investing in multiple schemes / fund houses.

MFU platform acts as a transaction aggregation portal enabling investors to transact in multiple schemes of various mutual funds with a single application form and a single payment instrument.

Following the agreement of Sundaram AMC with MFUI, all financial and non-financial transactions, pertaining to schemes of Sundaram Mutual can be done through MFU either electronically or physically through the authorised points of service.

This will be in addition to the existing official points of acceptance of the AMC.

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