Sunday, 17 Nov 2019 | 20 Rabi Al Awwal 1441
QBG Geojit Securities launches online mutual fund investment platform

QBG Geojit Securities launches on the internet mutual fund investment platform

Present at the occasion had been Shaikh Abdul Aziz al Hosni, chairman of QBG Geojit and VC and MD – QBG, Piyush Kanth, director – National Securities Company, and Susanth Sukumaran, nation head – QBG Geojit Securities.

QBG Geojit is a licensed Financial Intermediary in Oman dealing in non-Omani Securities which contains, shares, mutual funds, depository solutions, and so on. With the launch of this MF platform, any Investor with pan and KYC, can register and will be capable to pick from thousands of mutual fund schemes accessible in the marketplace.

The on the internet platform, NMF-II is a user-friendly application by National Stock Exchange that gives superior order management and execution capabilities. It is accessible in the internet-primarily based and mobile app mode. The application demands just a 1-time investor registration (Investor Identification Number). Investors can also carry out several orders by means of a single transaction and can hyperlink up to 5 bank accounts.

An official mentioned, “With QBG Geojit offering this service, Indians can now easily meet their investment needs and track their portfolio. This, in turn will help them achieve their dreams, with expert guidance from us.” The Indian mutual fund market has been expanding at almost 30 per cent annually. While its asset beneath management stands at US$345bn, it is anticipated to reach US$745bn in 4 years.

Information Source: Muscat Daily

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