Kerala Financial Corporation

It has been our endeavour to bring out new innovations and value additions to our customers. The Corporation is aiming to become a financial supermarket where its customers are able to purchase a wide array of financial and insurance solutions under one roof.

Mutual funds are fund that pool the money of several investors to invest in equity or debt markets. Mutual Funds could be Equity funds, Debt funds or balanced funds.

Flexibility – Mutual Fund investments also offers a lot of flexibility with features such as systematic investment plans, systematic withdrawal plans & dividend reinvestment.
Affordability – They are available in units so this makes it very affordable. Because of the large corpus, even a small investor can benefit from its investment strategy.
Liquidity – In open-ended schemes, one has the option of withdrawing or redeeming the amount invested at any point of time at the current NAV.
Diversification – Risk is lowered with Mutual Funds as they invest across different industries & stocks.
Professional Management – Expert Fund Managers of the Mutual Fund analyse all options based on experience & research.
Potential of return – The fund managers are in a better position than individual investors to identify opportunities for investments to flourish.
Regulated for investor protection – The Mutual Funds sector is regulated to safeguard the investor’s interests.

KFC has entered into an MoU with SBIMF and LICMF for distributing their mutual fund products through all its branches. Corporation has got AMFI (Association of Mutual Funds of India) certified employees to give professional expertise and guide in the investment process.

SBI mutual fund is one of the oldest and largest mutual funds in the country, with an investor base of over 5.4 million and assets under management of around Rs.27000 crores. It draws strength from India’s largest bank, State Bank of India and Societe General Asset Management, France. SBI Mutual Fund has received several awards for their outstanding performance and for their Fund Managers ability to manage funds even in the complex market condition.

Life Insurance Corporation of India set up LIC mutual fund on 19th June 1989 and contributed Rs.2 crores towards the corpus and formed a trust in accordance with the provisions of the Indian Trust Act 1882. The trustees of the LIC mutual fund have exclusive ownership of Trust fund. LIC Mutual fund asset Management Company Ltd. was formed on 29th April 1994. The average Asset Under Management of the LIC MF as on 31.01.09 is around 20,500 crores. The Office in Kerala was started in January 2006 and over the period of 3 years, it has mobilized a very good business, both in equity and as well as in debt funds. The Average asset under management of LIC MF in Kerala is more than Rs. 200 Crores. The area office in Kerala is having its head quarters at commercial capital Kochi and is having its business centres at Trivandrum, Kottayam, Allappy, Thrissur, Kozhikode and Kannur.