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
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.
Advantage of investing into Mutual
Fund
- 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.
For further information please feel free
to contact us.
Sl.No. |
Designated Officers |
Branch Office |
Phone No. |
1 |
G.R. Vinod |
Head Office |
0471-2318319 |
2 |
P. Prasad |
Trivandrum |
0471-2313143 |
3 |
Rejithakumaran |
Kollam |
0474-2743604 |
4 |
B. Sunil |
Pathanamthitta |
0468-2221973 |
5 |
K.X. Jesudasan |
Alappuzha |
0477-2263207 |
6 |
A.C. George |
Kottayam |
0481-2302760 |
7 |
K.A. Jacob |
Kattappana |
04868-272998 |
8 |
Ajithkumar |
Thodupuzha |
0486-2226070 |
9 |
Kuriakose |
Perumbavoor |
0484-2592663 |
10 |
V. Prasad |
Ernakulam |
0484-2401884 |
11 |
Abdul Jamal |
Thrissur |
0487-2421912 |
12 |
K. Vasudevan |
Palakkad |
0491-2544638 |
13 |
Abdul Manaf |
Malappuram |
0483-2734957 |
14 |
P. Muhammed |
Kozhikode |
0495-2721940 |
15 |
Raghavan Nair |
Wayanad |
04936-202059 |
16 |
K. Saseendran |
Kannur |
0497-2702194 |
17 |
Prasannan Thachoth |
Kasaragod |
04994-230156 |
|
