Common platform for all MF investments likely from March

Wait till March 2010, and MF schemes are just a click away. The Association of Mutual Funds of India (AMFI) has finalized a proposal to provide easy access to the investors and distributors to reduce costs, improve efficiency and save time. The investors will get unique identification numbers and passwords through which they can transact and access information. Currently, the procedure is paper-oriented and time-consuming but now, it will be a investor-centric initiative.