|REDVision Technologies is India's leading fintech company, specializing in the development of cutting-edge mutual fund software for distributors and independent financial advisors (IFAs). We also excel in creating wealth management and client onboarding applications. At REDVision Technologies, we are committed to revolutionizing the financial industry by providing innovative solutions that empower our clients to thrive in a rapidly evolving market. Our team of experts combines their extensive k
|Mar 6, 2021
In the fast-paced world of mutual fund investments, distributors in India face a common challenge - frequent redemptions. Can you believe 50% of investors liquidate their mutual fund holdings within a year? Yes, It’s that high! But why does this happen? The Redemption Challenge for MFDs Investors often withdraw their funds as and when they need money without a clear goal in mind. This impulsive redemption leads to a disconnect between investors and their investments, resulting in reduced Assets Under Management (AUM) for Mutual Fund Distributors (MFDs). But what if we told you there's a solution that not only solves this issue but also helps MFDs in India thrive? Goal GPS: A Game-Changing Solution REDVision Technologies recognized the need for comprehensive goal-based planning and fulfilled it with Goal GPS. Wealth Elite, their cutting-edge mutual fund software for distributors offers goal-based planning through Goal GPS in just three easy steps and ... Continue reading →
Are you a Mutual Fund Distributor (MFD) in India? Do you find it challenging to attract new investors to your portfolio? Don't worry, You're not alone! Many MFDs face this struggle in a country where people prefer to keep their money in savings accounts rather than invest it. The Struggle to Attract New Investors It's no secret that most people want to avoid risks when dealing with their finances. Their preference for the safety net of savings A/c results in stagnant Assets Under Management (AUM) for MFDs, affecting their growth potential. What if we tell you REDVision Technologies has a solution to help you overcome this stillness and grow your Assets Under Management (AUM)? Online ATM: A Growth Opportunity for MFDs Online ATM is a revolutionary feature offered by the leading Mutual Fund Software in India, Wealth Elite. This feature allows MFDs to attract new investors with a unique opportunity to park their idle money in liquid funds and gain better ... Continue reading →
When it comes to financial management, Mutual Fund Distributors (MFDs) play a crucial role in helping investors navigate the complex landscape of mutual fund investments. However, their job is not without challenges. MFDs deal with vast amounts of data, intricate portfolio management, compliance adherence, and maintaining healthy client relationships. This is where the significance of a reliable Mutual Fund software company in India comes into play. Why MFDs Need a Mutual Fund Software Company? MFDs are modern financial guides, however, their path is not without hurdles. The large volume of data and paperwork, the need for seamless communication with clients, strict regulatory compliance, and the demand for accurate portfolio management often create a world of complexities. This is where a Mutual fund software company enters to streamline these operations, empower MFDs, and elevate the investor experience. Resolving Challenges and Reaping Benefits A reliable Mutual Fund ... Continue reading →
The Indian investment landscape is changing rapidly. In the past, investors were limited to traditional investment options, such as fixed deposits and gold. However, in recent years, there has been a growing interest in alternative investment options, such as mutual funds with the introduction of the best mutual fund software. This shift in investment trends is being driven by a number of factors, including: Increased awareness of mutual funds: Thanks to the growing reach of the internet and financial literacy initiatives, more and more Indians are now aware of mutual funds and their potential benefits. Easy access to mutual funds: Mutual funds are now more accessible than ever before, thanks to the rise of online investment platforms. Affordability: Mutual funds are a relatively affordable investment option, making them accessible to a wider range of investors. As a result of these factors, the Indian mutual fund industry is growing rapidly. In the past five years, the assets ... Continue reading →
As a mutual fund distributor, your primary goal is to provide exceptional service and fulfill the expectations of your investors. In today's era, technology plays a crucial role in every aspect of our lives, and leveraging the right tools is essential. This is where the mutual fund software for distributors in India comes into play. With its array of features and functionalities, it can revolutionize the way mutual fund distributors like you operate, enabling you to cater to their clients more effectively. Challenges in the Absence of a Software Before delving into the benefits of fund management software, let's first understand the challenges faced by distributors in its absence. Manual processes, Paperwork, Data management Manual processes can be time-consuming, prone to errors, and limit overall efficiency. Additionally, without real-time insights and analytics, it becomes challenging to provide personalized advice and deliver a seamless customer experience. How a ... Continue reading →
As an MFD, you know that the key to success in the distribution business is providing the best service to your customers. It means helping them create wealth by choosing the right investment products, watching their performance, and taking informed decisions to secure their financial future. It is a lot of information to manage and track. That's where Investment management software comes in. Mutual fund software can help MFDs to automate many of the tasks involved in investment management, to save your time so that you can focus on growing your business. Here are just a few of the ways that wealth management software like REDVision technologies can help you to maximize your investment potential: Increased efficiency: The investment platform can help you to put many of the tasks involved in managing your clients' investments to autopilot, such as customer onboarding, processing transactions in various mutual fund schemes, and generating various reports. It ... Continue reading →
Introduction What is the diversification of revenue sources? Why is it important for mutual fund distributors? Benefits of diversification Risk mitigation Higher-income stability Reduced risk Improved customer satisfaction Growth possibilities What is the way to diversify your income? REDVision and LenDenClub integration What are the benefits of this integration? Conclusion A distributor earns money through commissions when they sell mutual funds to investors. And mutual funds are the biggest source of income for 75% of the MFDs in terms of income percentage. Mutual funds account for 50% of distributors’ income in proportion. But relying solely on the commissions from mutual funds can be detrimental to a distributor financially. How you may ask. Here are some numbers in terms of challenges: Reduction of commission. According to a report by Motilal Oswal, MFDs should anticipate a reduction of 10-20% in their commission income due to the expected ... Continue reading →
The rise of technology has brought about a lot of changes in the way we conduct our daily lives, including how we manage our finances. The mutual fund industry is no exception, and with the advent of mobile apps, it has become easier for investors to manage their investments on the go. But what about independent financial advisors (IFAs)? Is there a mobile app available for IFAs, and what are its benefits? Let's find out. Firstly, the answer is yes – there are mobile apps available for mutual fund software for IFA. These apps allow IFAs to manage their clients' portfolios and conduct transactions on their behalf, all from the convenience of their smartphones. A popular example includes REDVision tech. One of the main benefits of using the app is that it allows IFAs to stay connected with their clients even when they are on the move. They can access their clients' investment portfolios, view their transaction history, and even execute trades on their ... Continue reading →
Mutual funds have emerged as one of the most popular investment options in India over the past few years. With the rise in popularity of mutual funds, the need for efficient and effective management of mutual fund investments has also increased. This is where wealth management software comes in handy. In this blog, we will discuss how mutual fund software in India helps in managing investments and transactions. It helps in streamlining the investment process for investors. With the help of this software, Investors can easily track their investments, View the performance of their investments, and Make informed investment decisions. Mutual fund software offers a range of features that make investing in mutual funds a hassle-free experience. Benefits of mutual fund software Single platform for convenience: One of the key benefits of using financial software in India is that it provides investors with a single platform to manage all their mutual fund investments. Investors ... Continue reading →
In today's fast-paced financial world, mutual fund businesses are always looking for ways to improve efficiency, reduce costs, and increase profitability. One of the most effective ways to achieve these goals is by using the right mutual fund software. With the right software, mutual fund businesses can streamline their operations, reduce errors, and improve customer satisfaction. In this blog post, we'll explore some tips for streamlining your mutual fund business with the right software. Choose the Right Mutual Fund Software There are many different mutual fund software options available, so it's important to choose the one that is best suited to your specific needs. Look for software that is user-friendly, customizable, and can handle all aspects of your mutual fund business, from portfolio management to client reporting. Automate Routine Tasks One of the main benefits of using mutual fund software is automation. Look for software that can automate routine tasks ... Continue reading →
The software can be instrumental in increasing the efficiency and effectiveness of mutual fund businesses. Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of securities such as stocks, bonds, and other assets. The management of mutual funds involves various tasks such as portfolio management, investor relations, compliance, reporting, and more. The software can streamline these processes and offer several benefits to mutual fund businesses, including: Automation and Efficiency: Mutual fund software can automate routine tasks such as portfolio management, trade execution, and reporting, reducing manual errors and increasing operational efficiency. It can also provide tools for risk management, performance analysis, and compliance monitoring, helping mutual fund businesses operate more effectively. Enhanced Investor Experience: Software can offer online portals or applications that provide investors ... Continue reading →
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: 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. 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. Client Management: Mutual fund software for distributors enables efficient client ... Continue reading →
Mutual fund software can create importance for a business in several ways: 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. 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. 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. Risk ... Continue reading →
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 ... Continue reading →
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 ... Continue reading →
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 ... Continue reading →
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 ... Continue reading →
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 ... Continue reading →
In former times, running business processes for distributors used to be difficult and was a problematic task as a result of which numerous firms moved out of the industry for lack of control. The distributor needs assistance that can meet all back-end actions with ease and can help in addressing future analysis based on which correct system can be formed. With the initiation of Mutual Fund Software for IFA the quest of distributors came to an end. Among all software providers, REDVision Technologies is showing more useful and cost-effective for distributors which are rightly bearing all active material of the business. Key Features: Associate different funds for suggesting the most appropriate. Diverse specialties in the mutual fund tool section like dividend record and NAV finder. Create a model portfolio for funds' most significant utilization. Deliver a factsheet describing details of schemes. Trace SIP, STP, and SWP performance for a ... Continue reading →
As the use of technology is increasing in the mutual fund sector, with it the mutual fund investors’ hopes and expectations are also increasing. It has engendered many new peripheral tasks for mutual fund firms like constant portfolio management, communication with all clients, the requirement of different tools and reports and providing instant solutions. The responsibilities of advisors have enlarged to the extent that they need more human resources to complete the firm’s operations and if there is a shortage of any source then it will create a gap ergo it will affect the productivity of the business. A Mutual Fund Software for Distributors provided by REDVision Technologies is a platform that has the capability to qualify distributors to over-perform across all the parameters, work independently and bring extraordinary results. Highlights of Mutual Fund Software Less reliance on human resources as the platform enables the distributor to serve ... Continue reading →
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