Baroda Pioneer AMC (BPAMC) has tied up with Karvy Computershare Investor Service Centres to provide investor services facility. The fund house would start accepting transactions at all cities, out of which 77 locations are already active.
Jaideep Bhattacharya, managing director at Baroda Pioneer Mutual fund said: “While rural India has tremendous propensity to save, it is not converted into investments leading to savings in financial instruments We are working on reaching to the furthest corner of the country and this tie-up with our service partner Karvywill help us penetrate further into the country. This will also help us to penetrate in Tier III towns.”
BPAMC currently operates in over 56 cities in India and plans to expand to Tier II and Tier III cities where the next phase of mutual fund growth is likely to materialise.
