Brokerage firm Geojit BNP Paribas today launched trading in UTI Mutual Funds by way of the country's newly inaugurated Mutual Funds Service System on the National Stock Exchange.
"We will leverage our well developed infrastructure and distribution channels to reach this service to our expanding client base of over 500,000. While we are starting with UTI MF now, most of the funds will soon be available for investment through this route," Geojit BNP Paribas Managing Director C J George said in a release.
There will not be any commission charged from clients during the month of December 2009 to attract investors into this service model, CJ George added.
