How does Mutual fund software for distributors sufficient in India?

REDVision Tech is designed to be a comprehensive tool that provides various features and functionalities to meet the needs of mutual fund distributors. Here are some ways in which mutual fund software for distributors is considered sufficient in India:

1. Portfolio Management: MF software allows for efficient portfolio management, including tracking investments, monitoring performance, and generating reports. It provides real-time updates on the status of investments and helps distributors manage their clients’ portfolios effectively.
   
2. Transaction Processing: Best Mutual fund software automates transaction processing, including purchase, redemption, and switching of mutual fund units. It streamlines the entire transaction process, eliminating the need for manual paperwork and reducing the chances of errors, thereby saving time and effort for distributors.
   
3. Client Management: Mutual fund software for distributors enables efficient client management, including capturing and storing client data, tracking investments, generating account statements, and facilitating client communication. It helps distributors keep track of their client’s investments and stay connected with them through regular updates and notifications.
   
4. Commission Calculation: Mutual fund software for IFA automates commission calculation based on various commission structures prevalent in the mutual fund industry in India. It simplifies the commission calculation process, ensures accuracy, and helps distributors generate commission statements for their clients.
   
5. Compliance and Regulatory Reporting: Wealth management software helps ensure compliance with regulatory requirements by generating reports as per the guidelines of the Securities and Exchange Board of India (SEBI), the regulatory authority for mutual funds in India. It helps distributors stay compliant with the regulations and streamline their reporting processes.
   
6. Analytics and Reporting: Mutual fund platform provides robust analytics and reporting capabilities, allowing distributors to generate various reports, including investment performance reports, transaction reports, and client reports. These reports provide insights into the performance of investments and help distributors make informed decisions.
   
7. Ease of Use:  MF Distributors software is designed to be user-friendly and easy to navigate, with intuitive interfaces and workflows. It allows distributors to efficiently manage their mutual fund operations without requiring extensive technical expertise.

Mutual fund software for distributors in India provides a comprehensive solution for managing mutual fund operations, including portfolio management, transaction processing, client management, commission calculation, compliance, and reporting. It is designed to be user-friendly and helps streamline operations, save time and effort, and ensure compliance with regulatory requirements, making it sufficient for the needs of mutual fund distributors in India. For more information, visit @-https://www.redvisiontech.com/

How Mutual fund software creates the importance of the business?

Mutual fund software can create importance for a business in several ways:

1. Improved efficiency: By automating the processes of mutual fund management, the software can help businesses operate more efficiently. This can lead to cost savings and better returns for investors, which can enhance the reputation and importance of the business.
2. Data analytics: Mutual fund software can analyze vast amounts of data quickly and accurately, which can help businesses make informed investment decisions. By making good investment choices, the business can generate strong returns, which can increase its importance in the market.
3. Customer service: Best Mutual fund software can improve customer service by providing investors with a user-friendly platform to access their accounts, view their investments, and receive information. A positive customer experience can enhance the business’s reputation and increase its importance in the eyes of investors.
4. Risk management: MF software can help businesses manage risk by providing real-time insights into market fluctuations and investment performance. By identifying and mitigating potential risks, the business can improve its investment outcomes, which can boost its importance in the market.

Mutual fund software for MFDs & IFA can help businesses operate more efficiently, make informed investment decisions, provide better customer service, and manage risk effectively. These benefits can enhance the reputation and importance of the business in the eyes of investors and stakeholders. For more information, visit @-https://www.redvisiontech.com/

Why Redvision technologies is best mutual fund software for distributors and IFA India?

Redvision Technologies is a software company that offers a mutual fund software platform for distributors and Independent Financial Advisors (IFAs) in India. Their software is designed to simplify mutual fund investment processes, improve customer engagement, and enhance overall productivity for IFAs.

Some reasons why Redvision Technologies’ mutual fund software may be considered as one of the best options for distributors and IFAs in India are:

• Comprehensive features: Redvision’s mutual fund software offers a wide range of features, including portfolio management, customer relationship management, financial planning tools, and real-time tracking of mutual fund investments.
• User-friendly interface: The software is designed with a simple and intuitive interface that allows distributors and IFAs to easily navigate and use the platform.
• Customizable reports: The software offers customizable reports that can be tailored to meet the specific needs of individual users.
• Customer support: Redvision Technologies provides dedicated customer support to their users, ensuring that any technical issues are resolved quickly and efficiently.
• Compliance: The software is compliant with all regulatory requirements and guidelines, ensuring that users can operate within legal and ethical boundaries.

Overall, Redvision Technologies’ mutual fund software offers a comprehensive, user-friendly, and compliant solution for distributors and IFAs in India. However, it is important to conduct your own research and due diligence before selecting any software platform for your business. For more information, visit @-https://www.redvisiontech.com/

Mutual Fund Software is Right for your Fund Distribution Business

The Mutual fund Industry is growing at a tremendous speed, which will pick up more pace in the upcoming years. As per AMFI, its AUM (Assets Under Management) rose by Rs 2.2 lakh crore or 5.7% to reach a total of Rs 39.88 lakh crore in 2022. And between 2022 and 2027, it is estimated to grow at a CAGR of 9.76%. With such tremendous opportunity, there will be also large competition for mutual fund distributors and larger responsibility to serve their clients in the most beneficial way. The Mutual Fund Software for Distributors can help MFDs in this task and lead their firm toward growth and scalability.

In modern times, MFDs cannot rely on manual labor work and needs automation, which only mutual fund software can provide. It will help MFDs in dealing with more clients at a faster speed. The online platform assists distributors to conduct their work 24/7 irrespective of their location. A set of tools completes even the lengthy, slow & monotonous tasks quickly without directly involving MFDs.

The Key Features of Mutual Fund Software are discussed below:

Potential to handle multiple clients: An MFD must be able to handle multiple clients at once and no investor should go unaddressed. Mutual fund software can give such potential to MFDs to deal with multiple clients at a time. It helps MFDs in delivering effective services which empower business growth and also improve the relationship with clients in the long term.

Goal-Based Planning: A mutual fund software must provide specialized tools to MFDs to conduct goal-based planning for their clients. It should be based on their future goals, return expectations, and level of risk. Mutual fund software should be able to assist in converting the negative portfolio of a client into a return-generating investment.

Portfolio GPS & Portfolio Rebalancing: An MFD must be able to keep a constant eye on its clients’ portfolios to make adjustments from time to time as per the market and client’s situations. The adjustments in the portfolio should be made automated with the help of specialized tools like portfolio rebalancing.

Thus, mutual fund software for distributors is very important for business sustainability and growth. Moreover, business growth comes when customers are satisfied. That means Mutual Fund Software is benefiting both MFDs and Investors at once. For more information, visit @-https://www.redvisiontech.com/

Why REDVision Tech is the Best Mutual Fund Software Provider for MFDs in India

The financial services industry continuously evolving at a very fast pace, and thus mutual fund distribution becomes a very important matter. Investors want to be closer to their funds to generate larger revenues while decreasing costs. Therefore, digitized solutions like mutual fund software have become a key to the distribution value chain.

Current State of Indian Mutual Fund Industry and Opportunities for MFDs:

Indian mutual fund industry is managing an AUM (Assets under Management) of around ₹39.89 trillion as on December 31, 2022. It increased by more than 100% (approx) during the past 5 years from ₹ 21.27 trillion on December 31, 2017.

As per AMFI, the total number of accounts is close to 14.11 crore (141.1 million) as on December 31, 2022, but only 60,000 individual mutual fund distributors are available in India. That means there is a lesser number of mutual fund distributors in India and there is a huge number of untouched investors available in India. All these data, facts, and figures are indicating a huge opportunity for MFDs in India, and there is a large market to capture. MFDs just need to integrate their expert knowledge with technology and automate their business.

REDVision: One-Stop ERP Platforms for MFDs in India

REDVision offers the best Mutual Fund Software for Distributors Mobile Apps and Financial Websites with more features. REDVision offers the required technology to the MFDs with a system that can effectively drive that technology. It will not only automate your business but grow your business into a sustainable, scalable, and profitable fund distribution firm.

Wealth Elite is the top mutual fund software, which is an AI-based white labeled Multi Assets SaaS platform, equipped with digital Client Lifecycle Management (CLM) solutions offering Powerful Business Intelligence, Automated onboarding with Video KYC, Online Transactions, Online ATM, Goal GPS, Portfolio Re-Balancing, and much more.

Advisor X is a trusted Business Management App that offers Mutual Fund Distributors & IFA to control their entire business using their Mobile Phones. MFDs can place Mutual Fund transactions on behalf of clients and share Valuation & Tax Package reports on Whatsapp. The app is equipped with valuable features like Video KYC, Goal GPS, Portfolio Analysis, and much more.

Robo Advisory App is an Automated Onboarding and Investment App that automates and expedites the onboarding journey of new clients in the business. The self-operative technology performs all essential business functions of MFDs with minimum human engagement. 

Financial Websites can be considered the Front-End of MFD’s Business. The financial website with top-class quality creates a digital identity of MFDs with unique URLs to increase business visibility. It offers 20+ financial calculators, interactive infographics, corporate-style logo design, and much more.

Overall, REDVision is empowering the Mutual Fund Distributors and IFA in India with all the necessary tools and techs under a single umbrella.

Grow AUM Multi-fold with Mutual Fund Software’s Multi Asset Feature

As we enter 2023, the economic turmoil tends to rise. The war is ongoing, the geo-political pressures are rising and so are the cases of Covid-19. Global inflation is at its peak followed by stagnant growth, which rises the fears of recession. And all these factors are collectively keeping the capital markets volatile. Despite, the outperformance of Indian equity markets as compared to global peers in FY 2022, the road ahead looks a little bumpy due to expensive valuations.

Gold was the best-performing asset during 2022 due to continuous depreciation in INR. At the same time, small-cap funds were the worst performers. Now since, the economic uncertainties prevail and market volatility is rising, hence an investor must adopt a multi-asset strategy for the year 2023.

As the name suggests, a multi-asset strategy combines multiple assets to create a broadly diversified portfolio, which includes mutual funds, equity stocks, bonds, real estate, cash, etc. Multi-asset strategies help an investor in achieving his specific investment goals, such as:

• Growth: Higher capital returns in the long-term at lower levels of risks
• Income: Generate cash flows in a diversified manner
• Absolute Return: Get consistent returns across market cycles

Therefore, Mutual Fund Distributors in India are also required to diversify their own portfolio of services when they very well know the power of diversification. Apart from mutual funds, MFDs need to start selling multiple assets including insurance, gold equities, bonds, etc. As per AMFI (Association of Mutual Funds in India), the Indian Population prefers to allocate only 31% of their money into Mutual Funds, and the remaining money is to be invested in various other assets or securities. Overall, MFDs need to tech-upgrade themselves to become able to offer multiple assets to their clients.

A competent Mutual Fund Software can be the single most solution for MFDs. REDVision’s Wealth Elite provides a single window of all the major asset classes through its Multi-Asset feature. Now investors can easily invest in all the mentioned securities and much more with their mutual fund distributors only.

REDVision has already launched an integration with P2P, NPS, US equity, and Indian equity and it is continuously integrating its services with more and more assets and securities with time. With the multi-asset feature, an investor can also manage and track its insurance plans, its investments in real estate assets, it can showcase its Arts & Antiques, and much more.

With the highly advanced interface of Wealth Elite Mutual Fund Software in India, clients of mutual fund distributors will become able to make direct investments in all these assets or MFDs can invest on behalf of their clients.

Why MFDs Need Mutual Fund Software

There are 60,000 mutual fund distributors in India despite substantial growth in the industry. The segment of Mutual fund distribution in India is outrageously under-penetrated where only one MFD is available to over 17,000 potential investors. Such data and statistics signal greater opportunity for Indian Mutual Fund Distributors. They just have to make themselves competent enough by making potential connections with the technology.

1.    AUM is not growing, on top of that there is a continuous squeeze in distributors’ commission

Despite all the hard work, MFDs are not able to improve their client conversion rate and grow their AUM effectively. It is difficult for MFDs to accumulate a solid client base of clients.

The solution to the problem is automation, which means they need good Mutual Fund Software, which can help MFDs in providing services in accordance with the investors’ needs. E.g. generally Indians believe in saving money for depositors or keeping it idle. This idle money can be switched to MF schemes through advising highly liquid and risk-free MF schemes, where it can earn a little larger return with all the benefits of saving deposits in the bank. A good Mutual Fund Software for Distributors will offer some tools where their clients can make investments in highly liquid funds, which can be redeemed on a real-time basis.

2.    The reduction or the cuts in the mutual fund distributors’ fee (squeezing distributors’ commission)

Generally, the impact of the cut in expense ratio should be shared between the asset management company (AMC) and the distributor. However, in practice, large AMCs seem to have largely passed on the cut to mutual fund distributors rather than absorbing it themselves. Small Mutual Fund Distributors have been hit the hardest.

In this situation, MFDs need to transfer their labor work to machines and software. An effective Best Mutual Fund Software will expedite, automate and streamline the daily firefighting activities of MFDs and provide them sufficient time to engage in developing their business.

3.    Financial advisors are not embracing new ways to outreach clients

A CNBC article reported that 54% of their respondents feel better communicating with clients using technology. However, financial advisors are still falling short of integrating more techs into their processes.  With the help of new tools, one can easily automate tasks to get their hands free and then work more on their clients.

• Digital on-boarding and KYC process of clients
• Automated tracking and reporting
• Developing a solid working relationship with clients.

To achieve multi-fold growth, MFDs need a system, and efficient Mutual Fund Software to keep track position, performance, and progress of your clients, and your business.

How Mutual Fund Software in India Promotes Distributors Business?

The investment market possesses heavy fluctuations along with the risk due to the ongoing global issues almost every firm is facing the impact of closure as cessation of business activities. In such time only those firms are gaining benefits that can use the whole firm virtually through digital platforms. The business of Mutual Fund Distributors can also be managed from the online software in the state of financial platforms that permits them to deliver constant assistance without any interruption.

The Mutual Fund Software in India developed by REDVision Technologies is the best tool for handling the investment of the investors as it is supported with advanced features and abilities.

Advantage

• Drive business from anywhere with no limitations.
• Get full control of business virtually.
• Deliver benefits to clients from a few clicks.
• Online investment and transaction ability.
• More results at fewer efforts.

The change of the platform is helpful for the distributors as it lowers the cost of operations and relieves the physical dependency of the distributors. In lack of a financial platform, the distributors get an interruption in negotiating with investors.

The distributors should acclimate the business changes and go for the technology that aids in enhancing the performance of the business within present trends and changes.   

The digital platform is completely secured to enable the distributors in managing the business that ensures the success of the firm. Without adapting the platform it evolves challenging to deal with the clients and handle multiple clients at a moment.

Therefore the distributors need the wealth management platform in charge to hold the activities of the business that supports them in enduring in the market.

For more information, visit https://www.redvisiontech.com/

Know How Mutual Fund Software Basic Need for Firms?

The distributors business before the arrival of technology was operated manually based on human intelligence and capacity to pursue dealings. As even human lacks certain accuracy in the tasks to be performed then in such case need for a technical assistance generates which gives rise to the Mutual Fund Software that is fully capable to deal with all kind of issues. The REDVision Technologies is popularly known for the development of Fin-tech solutions assisting advisors in competing with rivals.

Benefits to distributors:

• Cost effective method ensuring high revenue for the firm.
• Uninterrupted delivery of service at effective cost.
• Quick management of entire wealth held by investors.
• Wide network of clients is easily managed.
• Services are easy to deliver through single click.

Features of Software:

• Performs research over stocks and schemes.
• Financial calculators for estimating future returns.
• Reduces risk and optimizes returns.
• AI assistance for business operations.
• Multiple reports to handle business performance and client investment.

The advisor benefit is top most priority of the software and to solve all complexities restricting the growth of the firm. The digital platform is backed by highly advanced features that deliver solution for every issue. The benefits of the software are worth effective and contributing additional values for the business along with improving performance for long term.

For more information, visit @-https://www.redvisiontech.com/

How REDVision is giving Advisors an Innovative Vision to Run Business?

Any individual or institution working with a particular vision automatically formulates the path to achieve the same within the deadline. But what if you don’t have any vision pertaining to your operational stuff? Probably the output will be unfavorable and invested efforts prove worthless just due to lack of certainty in directions. The REDVision’s Mutual Fund Software which is popularly known as Wealth Elite is the ultimate tool that associates a vision with the business and urges the advisors to stick with the same unless the objectives are achieved. REDVision Tech always stands by the side of advisors irrespective of the market scenarios and pushes them to attain the top position in the industry.

Why we are the top providers of Fin-tech Solutions?

• Systematic and unique presentations of reports convince the clients for advisors.
• Advance features fulfilling the specific requirement of advisors.
• Customized solutions are available as per demand of businesses.
• Expert in developing wealth management software, financial calculators and ERP system.

 What advantages do advisors get?

• Systematic goal planning for client’s investment objective.
• Quick monitoring of funds made actions convenient.
• No chances of errors and omissions via software.
• Strong after sales support to grow advisors business.
• Recommendations for investments as per investors risk.

Highlighting Features:

• Integrated Modules.
• Customized Solutions.
• Secured Transactions.
• AI Features.
• Encrypted Portal.

In context of satisfaction we believe in qualitative solutions to advisors that too at reasonable cost ensuring the progress of business. Also the advisors use to get attached with the brand having significant dominance in the market and serving excellence from years. The latest tools help the firm to predict the future changes and assist in adapting the same to remain unaffected and also to retain the same market share for the company.

For more information, visit @-https://www.redvisiontech.com/