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There is no denial that Mobile usage in India has reached sky-high is going to dominate the Indian Market in many segments UTI Mutual Fund has added more weightage to that. The country’s oldest assent management company has declared to introduce a mobile application which will help the consumers to buy and sell mutual fund using their mobile device.
As of now UTI provides a mobile application which provides you services like ask for an account statement, lodging complaints, locating nearby branch of UTIMF etc and next add ons will be to buy and sell also. This facility can be availed by any mobile handset which has GPRS enabled and is registered with Fund house. Seeing this it is not far that we will be able to do share trading also in future.
This is a good news from users point of view and we hope more applications and services get connected to us and we see a growing India. What do you all think about this ?