Wednesday, November 10, 2010

Register and Transfer Agent for MF Investors

Register and Transfer Agent for MF Investors

A Registrar & Transfer (R&T) agent acts as a third-party on behalf of a fund house. The R&T agent has a wide network of branches across the country to help investors execute their transactions. Through their branch network, investors can also get forms, submit them and even get their transaction statements. The agent acts as a single-window system for investors. An R&T agent also helps investors with information and details on new fund offers.

The Mutual fund pays fees to the R&T agents.

This is really a good thing for the fund houses as all the transactions are handles by R&T agents.

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