Mutual fund investors are happy with the distributors
Feb 19 2018
News Category: Others
According to media reports, majority of the mutual fund investors are happy with the mutual fund distributors. The latest Final Mile study, commissioned by Foundation of Independent Financial Advisors (FIFA), claims that that 8 out of 10 mutual fund investors are satisfied with the distributors even if their funds underperform. Of the investors who witnessed underperformance of their mutual fund schemes, 78% are satisfied with the services of the MF distributors. The success of the distributors on the investor satisfaction criteria can be attributed to their handholding across market cycles.