Current Affairs

Motilal Oswal AMC Launched WhatsApp Transaction Platform

Motilal Oswal Asset Management Company (AMC) becomes the first Indian fund house to launch WhatsApp transaction platform for mutual fund transactions for new as well as existing investors.
Motilal Oswal AMC Launched WhatsApp Transaction Platform

Details:

  • This enables investors to use WhatsApp to invest in any scheme from Motilal Oswal AMC.
  • Investors can either invest lump sum or through SIPS.

How does the platform works?

  • An investor should add Motilal Oswal AMC number (+91 9372205812) to his/her contact list.
  • Then on WhatsApp, type 'Hi' on the above number.
  • After sharing the PAN details, the investor should share his/her mode of investment, fund, amount.
  • Finally, authorize payment for the transaction through the payment link sent.

Question:

Q. Who has become the first Indian fund house to launch WhatsApp transaction platform for mutual fund transactions for new as well as existing investors?
a. Motilal Oswal Asset Management Company
b. HDFC Asset Management Company
c. SBI Asset Management Company
d. Kotak Asset Management Company
Motilal Oswal AMC Launched WhatsApp Transaction Platform Motilal Oswal AMC Launched WhatsApp Transaction Platform Reviewed by Neha Verma on May 30, 2019 Rating: 5

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