Mirae Asset AMC, MF Utility in pact for use of transaction portal

Moneycontrol News

Mirae Asset Global Investments (India) Pvt Ltd has entered into an agreement with MF Utilities India Pvt Ltd for investors to use MF Utility portal for transactions with effect from February 20, stated a press release from the fund house.

Unit holders availing MF Utility can either transact electronically or physically through authorised points of service approved by MF Utility India Pvt Ltd.

MF Utility is a transaction aggregator portal and a shared service initiative of various asset management companies in India, enabling investors to transact in multiple schemes across fund houses.