How Can MFDs Reduce Redemptions With Mutual Fund Software?
Are you a mutual fund distributor struggling with redemptions? Well, you are not alone. When investors invest without having a goal in mind, they tend to redeem impulsively with market fluctuations, changing needs, or emotional reasons. Did you know, more than 50% of mutual fund units of regular plans were redeemed or sold in just one year? Unbelievable, right?