CAMS officials participate in Birla Sun Life Mutual Fund’s Investment Conclave at Bengaluru

Birla Sun Life Mutual Fund recently organised an exclusive Investment Conclave for Corporate Investors at The Lalit Ashok, Bengaluru. Building upon the success of the previous conclave, held in Mumbai,with the same agenda, the institution brought the event to Bengaluru on January 6, 2017.

Among the prestigious invitees to the exclusive event were top level executives representing Computer Age Management Services, popularly known as CAMS.The Investment Conclave, keeping in tide with the times, was aptly themed “India in the post-demonetisation era”. The occasion saw the coming together of a diverse set of thought leaders and corporate executives, that rendered the evening abuzz with insights on the impact of demonetisation with a special emphasis on the Indian mutual fund industry.

Speakers at the event included officials from the top tiers of Birla Sun Life Mutual fund and CAMS, including:

Mr. Maneesh Dangi, CO – CIO Fixed Income – Equity, Birla Sun Life Mutual fund

Mr. Bhavdeep Bhatt, Head, Institutional Sales, Birla Sun Life Mutual fund

Mr. V Srinivasan, Senior Vice President – Mutual Fund Operations, CAMS

Mr. Tilak Raj Khanna, Asst. General Manager – Distributor Services, CAMS

Mr. Y S Ramesh Raju, RM-South, CAMS

Mr. Shaji Varghese, Branch Head, Bengaluru, CAMS

Mr. P Sasidhar Raju, Sr.DSE – Distributor Services, CAMS

CAMS GoCORP, a unique solution designed to meet the investment needs of corporate investors, was was discussed in detail at the event with the panel highlghting the,  many advantages of the product.

CAMS GoCORP

GoCORP

GoCORP is a digital solution designed to empower institutional investors with the freedom to transact across multiple mutual funds serviced by CAMS through a single portal. Launched in July 2015, CAMS GoCORP has seen a steady enrollment from both large and mid-sized corporate houses across India.

The GoCORP portal allows corporate investors to transact across all participating CAMS serviced funds using single login facilities to enable multiple maker and authorizer combination as approved by the board. GoCORP also addresses compliance & audit needs of corporate investors. To know more about the Transaction features, Reports/Transaction tracking and other conveniences that come with GoCorp, please click here.

About CAMS:

CAMS Logo

Computer Age Management Services (CAMS) is India’s premier Mutual Fund Transfer Agency serving over 62% of assets of the industry across 15 Mutual Funds. Leveraging superior technology, CAMS brings several innovative services to Mutual Fund investors and distributors. CAMS is also a service partner to leading Insurance Companies, Banks, NBFCs and Alternate Investment Funds. To know more visit www.camsonline.com

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Mutual funds AuM reach record highs for the first time in the last seven years.

Mutual Fund SIP

Mutual fund assets in India have recorded the highest growth since December 2009, thanks to the furor created by demonetization, RBI’s decision to maintain status quo on key rates in its policy review and hike in Fed rate.

The key logic behind this noted increase in investment activity is that short-term debt schemes are relatively firm investment options than long-term debt schemes, in times of unpredictability. Indian investors who display a knack for “opportunistic buying” during times of tumult in the market situation, appear to have made the most of the circumstances, taking advantage of the decline in prices.

Demonetisation, for its part, has impacted and boosted cash inflows into banks, which in turn have mobilized the same into investment avenues including the mutual funds.

Based on retail investment activity, most of the investment inflows into mutual funds seem to have come via the Systematic Investment Plans (SIPs) route. AMC sources have confirmed that average monthly retail investments had risen as high as Rs. 4,000 Crore per month in 2016. This corresponded to an increase in AMC assets by a solid 30%.

Mutual funds AuM to hit record highs in the near future

There has also been a notable increase in retail investment activity from B15 regions in the country. According to information furnished by AMFI, around 4.7 million investors have been recorded to have forayed into mutual fund investing between December 2015 and September 2016 alone.

The last few days have been abuzz with prospects for further increase in investment activity. Thanks to extensive investor awareness programmes that have been hosted all over the country, the earning population in the country are gradually turning to investing in investment avenues such as mutual funds. With the dawn of this realization, experts have predicted that mutual funds AuM would reach the much-anticipated Rs. 20 Crore mark quite sooner than expected.

CAMS – adding value to mutual fund operations in times of robust business

As the country’s premier RTA, Computer Age Management Services (CAMS) provides multifaceted services to AMCs, keeping pace with massive volumes of transactions.  The company continuously improves its IT infrastructure, while meeting the growing demands of its client AMCS, with innovative technology enabled service designs that deliver speed, standardization, transparency, regulatory compliance, data confidentiality and cost efficiency. In Mutual Fund services , CAMS handles approximately 130 Million transactions per annum with near zero failures.

CAMS eKYC and myCAMS are other key initiatives that have greatly reduced time and effort to be invested in KYC and mutual fund investment processes.

About CAMS:CAMS Logo High Resolution

Computer Age Management Services (CAMS) is India’s premier Mutual Fund Transfer Agency serving over 62% of assets of the industry across 16 Mutual Funds. Leveraging superior technology, CAMS brings several innovative services to Mutual Fund investors and distributors. CAMS is also a service partner to leading Insurance Companies, Banks, NBFCs and Alternate Investment Funds. To know more visit www.camsonline.com

CAMS CEO speaks on “Putting Investors First”at conference organised by CFA Institute, India.

Putting Investors First (PIF), a conference organised by NSDL, CFA Society India and CFA Institute, was held on 25th November 2016, at The Rain Tree, Anna Salai, Chennai. The event saw the coming together of industry veterans, thought leaders and prominent officeholders from across BFSI sector.

In CFA’s own words, “Putting Investors First” was conceived as a global initiative driven by investors and CFA charter holders with a purpose to build a culture of trust and to reaffirm the commitment of financial intermediaries for putting investor interests above all others.

Building upon the successes of PIF conferences held in Mumbai and New Delhi, the institution had brought the event to Chennai, in partnership with NSDL.

The conference saw the coming the coming together of a diverse set of global thought leaders, such as Mr. N Hariharan, Chief General Manager, SEBI and Mr. Bob Dannhauser, CFA Institute’s global head of wealth management.

 

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Mr. N K Prasad, President and CEO, CAMS, (second from left) seen speaking at the panel discussion held at the event.

 

One of the key highlights of the event was the vibrant panel discussion titled “Investment Advice in Changing Times”. The session saw Mr. N. K. Prasad, President and CEO, CAMS, sharing his opinions with substantial references on the subject of propagating investor awareness.

Mr. Prasad summarized how CAMS as an integral part of India’s Financial Infrastructure leveraged technology to the cause of investor education and ease of distribution of financial products.

About CAMS

CAMS Logo High ResolutionComputer Age Management Services (CAMS) is India’s premier Mutual Fund Transfer Agency serving over 62% of assets of the industry across 16 Mutual Funds. Leveraging superior technology, CAMS brings several innovative services to Mutual Fund investors and distributors. CAMS is also a service partner to leading Insurance Companies, Banks, NBFCs and Alternate Investment funds. To know more visit http://www.camsonline.com

4 Reasons why these are good times to invest in Mutual funds

MF

Here are four reasons that support why the time is ripe for an investment in mutual funds.

1. Increased liquidity:
Banks are brimming with liquidity, thanks to the impactful demonetisation move. As a natural progression, the excess liquidity is being channelised into debt and equity mutual funds.Indian investors who characteristically adhere to “opportunistic buying” during times of tumult in the market situation, made the most of the circumstances, taking advantage of the decline in prices. Recent data published by AMFI confirms that overall inflows have grown to a massive Rs 36, 021 Crore, as recorded on November 30, 2016. Experts expect this positive trend to continue in the month of December as well.

RBI

2. Rates left unchanged by RBI
The strategic decision by the Monetary Policy Committee to maintain status quo on key rates in its policy review, coupled with other market volatility inducers such as the forthcoming US Fed rate hike and demonetization has rendered short-term debt mutual funds as safe investment bets. The logic behind this disposition is that short-term debt schemes are relatively firm investment options than long-term debt schemes, in times of unpredictability.

sebi1

3. SEBI to approve MF investments via digital wallets
With intense efforts to popularize digital transactions doing the rounds, SEBI sources have revealed that the market regulator is contemplating the possibilities of buying mutual funds through digital wallets. Such a move is bound to heighten the ease of investment in mutual funds and catalyze further growth of the mutual fund investor base.

 4. Market regulator to allow instant redemption of liquid mutual funds
One of the reasons why conservative savers prefer fixed deposits in banks over mutual fund investments is the facility of instant redemption that comes with the former. However, this could change in the coming months, with SEBI weighing the possibilities of instant redemption for liquid mutual funds. If realized, this move will naturally encourage retail investors to consider investments in mutual fund schemes and take asset inflows to a new level of high.

Looking at investing in mutual funds? Go ahead with CAMS. 

An integral part of the Indian Finance sector and a trusted service partner to 8 out of the top 10 AMCs in India, CAMS has revolutionized mutual fund operations in India over the last two decades. Specializing in investor services, CAMS delivers international service standards at Indian cost. CAMS had launched a range of digital technologies to enable anytime, anywhere access to Mutual Funds, to transform investor experience with unique benefits of extraordinary convenience, customization and responsiveness.

Click here to know more about the suite of digital solutions from the house of CAMS.

It is noteworthy that CAMS was recently conferred the prestigious Dun & Bradstreet award for ‘Business Excellence – Mid Corporate Segment’ in the IT/ ITeS sector, in acknowledgment of its world-class service excellence and technology leadership.

About CAMS:CAMS Logo High Resolution

Computer Age Management Services (CAMS) is India’s premier Mutual Fund Transfer Agency serving over 62% of assets of the industry across 16 Mutual Funds. Leveraging superior technology, CAMS brings several innovative services to Mutual Fund investors and distributors. CAMS is also a service partner to leading Insurance Companies, Banks, NBFCs and Alternate Investment Funds. To know more visit http://www.camsonline.com

 

 

Demystifying Common One Time Mandate

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Common One Time Mandate, as illustrated in the preceding article that underlined The Power of One, is a one-time registration process that renders immense paperless convenience for investors who seek to invest in Mutual fund schemes.

CAMS Common OTM brings home several advantages and service benefits to the investor, besides helping them circumvent multiple repetitions of cumbersome paper-based form-filling procedures.

Freedom to invest without bank/branch/location related restrictions

CAMS Common OTM facility is not limited to constraints concerning a specific bank/branch/location. Any bank that is a participant of the NACH (National Automated Clearing House) system, allows for registration of Common OTM facility, at any given branch of its. Currently, CAMS Common OTM can be registered across as much as 800+ Banks across the country.

For those with existing mandates –  

Existing registered mandates will not be canceled when CAMS Common OTM is set up.
When transacting in those specific MFs, you will have the choice of MF specific OTM or CAMS Common OTM. While transacting in any new fund where you do not already have a mandate, CAMS Common OTM will be available as an option to cheque/ net banking.

Case of a forgotten folio number? Relax.

The Common One Time mandate is registered at PAN level of the first holder. There is no requirement to quote folio number while registering for CAMS Common OTM. This comes in handy for savvy investors with multiple investments and folios across AMCs.

Also, CAMS facilitates registration of multiple mandates at bank and account number level, at once. There is no restriction on the number of SIPs that can be registered through the Common OTM facility.

What can the investor do if s/he has forgotten the CAMS Common OTM Number

CAMS has an incredibly effective pan India network of Customer Service Centres (CSCs) conveniently located in cities across the country. In the event of a forgotten CAMS Common OTM Number, the investor may approach any of the CSCs and quote her/his PAN and obtain the Common Mandate Number. Alternatively, an SMS could be sent to a designated number with the specified text / or the CAMS Toll Free Call center could be reached to get the CAMS Common OTM Number.

For more information on CAMS Common OTM, click here.

About CAMS:CAMS Logo High Resolution

Computer Age Management Services (CAMS) is India’s premier Mutual Fund Transfer Agency serving over 62% of assets of the industry across 16 Mutual Funds. Leveraging superior technology, CAMS brings several innovative services to Mutual Fund investors and distributors. CAMS is also a service partner to leading Insurance Companies, Banks, NBFCs and Alternate Investment Funds. To know more visit www.camsonline.com

Redefining Institutional Investing

Institutional Investing is an art. In general, Institutional Investors have greater access to resources and make informed investment decisions. On the other hand, institutional investors are often confronted with multiple transaction forms and cheques preparation, apart from signatures to be obtained from multiple authorized signatories, each of which requires time and dedicated coordination.

Computer Age Management Services (CAMS), true to its commitment towards finding innovative solutions that address investor pain points, launched GoCORP, an on-line portal for institutional investors to transact across multiple mutual funds through a single portal.

CAMS GoCORP, by design, delivers simplicity, ease and safety in preparing and submitting Mutual fund transactions, tracking investments and more.

camsgocorp

The portal allows corporate investors to transact across all participating CAMS serviced funds using single login. Log in credentials can be defined to enable multiple maker and authorizer combination, addressing the need of large corporates houses with group companies. The portal ensures complete compliance with respect to audit requirements of of corporate investors.

Transactions made easy with CAMS GoCORP

CAMS GoCORP brings rich features and superior processing, one view of Mutual Fund investments and much more. Prompt notifications in the form of SMS/email alerts for maker and authorizer serve to verify and authorize transactions. This allows the authorizers to simply log-in and confirm the transactions.

The portal facilitates transfer of funds using RTGS/NEFT to the Fund’s scheme account; post transfer, the Corporates may seamlessly update the details in GoCORP.

GoCORP is also enabled with the facility of Electronic time stamping at server on the receipt of transactions. NAV will be reflected as per the timestamp of CAMS Server.

Corporate Investors can utilize the portal for additional purchase, redemption and switch through its portal, besides facilities for purchase in existing schemes and new schemes. CAMS GoCORP also offers the flexibility of investments via Direct plans as well as Regular plans. ARN and EUIN auto population/new inclusion is an integrated smart feature helps saving time and effort, alongside the updation of RTGS /NEFT funds transfer reference number.

Tracking Transactions and Managing Reports

CAMS GoCORPhas inbuilt smart features that generate reports encompassing Portfolio valuation, Transaction status (with date range), single window view for submitted transaction status across funds and account statements.

It goes without saying that true to its digital efficiencies, CAMS GoCORP stands for complete elimination of paperwork, manual compilation and reporting needs. Also, the portal drives home the advantage of transacting upto 3 P.M.

Safe, Secure and Reliable

CAMS GoCORP portal is infallibly secure. It stores no information in the local system and ensures that any information provided is transferred to the server via secure mode that warrants high level of data encryption and other essential information security best practices.

Currently, CAMS is actively engaged with 390+ corporates registered for Go CORP for feature enrichment and new services, which bears testimony to the magnitude of success it has achieved in appeasing and winning over its customers.

About CAMS:

CAMS Logo High Resolution

Computer Age Management Services (CAMS) is India’s premier Mutual Fund Transfer Agency serving over 62% of assets of the industry across 16 Mutual Funds. Leveraging superior technology, CAMS brings several innovative services to Mutual Fund investors and distributors. CAMS is also service partner to leading Insurance Companies, Banks, NBFC’s and Alternate Investment Funds. To know more, visit www.camsonline.com