Business, Management and Accounting
4 years ago

Digitalization Revolutionizes Mutual Fund Investing in India, Empowering Investors.

IFIP advances in information and communication technology
Investor’s Perception Towards Mutual Fund Investing on the Rise of Digitalization in Indian Mutual Fund Industry
Kritika Raj, B. Shyamala Devi

Paper Summary

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The article discusses how technology is changing the mutual fund industry in India. Asset Management Companies are using robotics to manage funds more efficiently. Investors can now access information online and make transactions easily. Online payment methods like UPI and ECS are widely used. The Mutual Fund industry is making efforts to provide investors with necessary information. KYC processes are now simpler and done online. The study aims to understand the importance of mutual fund investments, investor awareness, the impact of digitalization, and information availability to investors.