MF and intermediaries

Q & A ForumCategory: InvestmentsMF and intermediaries
illi asked 9 years ago
Hi Srikanth, how safe are the MF intermediaries like Fundsindia and the newer entrant Invezta , as we are required to give our PAN details, bank account numbers and address details to these private agencies while registering with them? i mean , is it O.K to give these details to these private players?
1 Answers
Sreekanth Staff answered 9 years ago
Hi, I believe that these websites do follow certain Website related Security measures to safeguard the data entered by the visitors/investors. As far as you money is concerned, these are just online distribution or advisory platforms, your money finally gets invested in MF schemes managed by AMCs/fundhouses. Personally, I invest through fundsindia too (disclosure).
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