(1888PressRelease)
July 19, 2009 - RR Investors Capital Services (P) Ltd. recently launched online mutual fund transaction service. Under this service, an investor can buy and sell mutual funds of fourteen partnering AMCs through RR's website. RR has also tied up with a large number of banks for online fund transfer.
It’s a win-win service for an investor who is saved from cumbersome paperwork and the time and hassle of regular offline investing. The website also provides online portfolio management software and an investor can track one's investments in various mutual funds on a regular basis.
Thus the website provides one-stop solution for a mutual fund investor by seamlessly integrating fund transfer, investment and management. RR group, through this effort, aims at increasing customer convenience and satisfaction and creating more aware and smarter investors. By providing this service the group has taken one more step towards its stated mission to be the most efficient service providers in the Indian financial markets. Rajendra Routella , Director of RR said that ”the future of efficient financial product delivery is through online technologies only.”
RR has also start offering online trading system to its investors. This system supports securities and derivatives trading with NSE and BSE. Investor can trade even in Futures and Options on NSE. It is a free web-based system with integrated banking & back-office access which facilitates quick order entry, cancellation and position flattening. RR always tries to fulfill the needs of its investors & help to gain profits.
About RR – RR group is one of the top three independent retail distributors of financial products in the country. The group provides research & advisory, distribution, equity, commodity & foreign exchange broking and merchant banking services through its extensive network in more than 100 cities serviced by about 600 competent employees.
Risk Factors:
Mutual funds, like securities investments, are subject to market risks and there is no guarantee against loss in the schemes or that the schemes' objectives will be achieved. As with any investment in securities, the NAV of the Units issued under the schemes can go up or down depending on various factors and forces affecting capital markets. Past performance of the Sponsor or the AMC or the mutual funds managed by the Sponsor does not indicate the future performance of the schemes. Please read the offer document of the respective schemes before investing.
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