Birla Sun Life Mutual Fund launches Mobile Investment Manager


Mumbai:Birla Sun Life Mutual Fund (BSLMF), today said it has launched a mobile platform called 'Mobile Investment Manager' in association with MCHEK India Payment Systems (mChek). The service is available to existing investors of Birla Sun Life Mutual Fund with the benefit of managing their investments from the convenience of their mobile phone, a release issued here said. On this mobile platform, an investor can seek portfolio information, make additional purchases, register for SIPs and also make switches and redemptions. "The launch of 'Mobile Investment Manager' assumes great significance for BSLMF given the rapidly increasing number of mobile users and the mobile penetration, which is currently above 500-million. It allows users the freedom to transact from anywhere and at anytime especially those who are always on the move," BSLMF's Chief Executive Offficer A Balasubramanian said. "mChek is pleased to partner with Birla Sun Life Mutual Fund to offer mobile investments and portfolio management services, by leveraging the security of the mChek platform and extending it's footprint of anytime anywhere services to the financial services domain," mChek's Chief Executive Officer Gautam Shiknis said. Birla Sun Life Asset Management Company is a joint venture between Aditya Birla Group.
Source: PTI