Principal MF & Bajaj Allianz in distribution partnership
Published on Thu, Jul 17, 2008 at 13:52 | Source : Moneycontrol.com
Updated at Thu, Jul 17, 2008 at 14:57
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Principal MF & Bajaj Allianz in distribution partnership
Bajaj Allianz Financial Distributors Ltd. and Principal Mutual Fund in a distribution partnership. Sudipto Roy, Business Head, Principal Mutual Fund said, “We are delighted to partner with Bajaj Allianz Financial Distributors and this partnership will help us enhance the accessibility of our products across the country.
Principal Mutual Fund and Bajaj Allianz Financial Distributors Ltd. today announced a strategic partnership for distribution of Principal Mutual Fund's products.
Sudipto Roy, Business Head, Principal Mutual Fund said, "We are delighted to partner with Bajaj Allianz Financial Distributors and this partnership will help us enhance the accessibility of our products across the country. Distribution is crucial to the growth of mutual funds in the country, and we believe that partners like Bajaj Allianz Financial Distributors, with their branch networks and close relationships with customers, have a key role to play in popularising mutual funds as a preferred investment option"
Speaking on this occasionJK Bhagat, CEO, Bajaj Allianz Financial Distributors Limited said, "We are delighted to announce our partnership with Principal Mutual Fund and hope to distribute Mutual Funds to a large number of customers through our extensive network". He also said, "We are extensively working with our agency network to train a growing number of agents to be AMFI certified so that they are equipped to provide holistic advice to customers."