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What are the benefits of using MFSS for participation in mutual funds?

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posted Jul 6 by Adarsh

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1 Answer

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• Investor would able to get a single view of his portfolio across multiple assets like securities, mutual fund units etc.,
• Investor would be able to get services from same intermediary for different asset class
• Investor would be able to optimize his investment decisions due to reduced time lag in movement of funds
• Investor would have a voice in agreeing on charges to be paid for services rendered.
• Reduction of paperwork
• Transparency in knowing status of order till completion thereby reducing disputes
• Recourse to grievance resolution in case of deficiency in service provided by member

answer Jul 6 by Anushka
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