StockHolding Goes Online!!! StockHolding Launches an Online Platform for Investors in Mutual Funds
StockHolding, India's largest custodian and depository participant and a torchbearer of innovative financial products has been awarded with the highly prestigious "Brand Leadership Award" at the MY FM Stars of The Industry Awards for Excellence in Finance, Banking, Insurance, and Financial Services on 20th February, 2016.
- (1888PressRelease) July 27, 2016 - India's leading Custodian and premier Financial Services Provider, StockHolding Corporation of India, is proud to announce the official launch of an online platform for its customers to seamlessly transact in their Mutual Fund Investments. This Platform was launched on 15th July, 2016, the auspicious day of Ashadi Ekadashi,. The online platform has the power to transform the entire process of Mutual Fund transactions infinitely quicker, easier and safer for all customers.
The StockHolding Online Platform, which is available on its website - www.stockholding.com, facilitates all types of Mutual Fund transactions - Fresh Purchase, SIP, STP, SWP, Switch and Redemption.
A first time investor would have to open a CAN (Common Account Number) which empowers the investor to use one form, one payment and have one consolidated statement across Mutual Fund schemes. Thereafter, a simple one time registration on the Platform, enables the customer to access the Platform through a secure user ID and Password and transact into multiple Mutual Fund schemes across Fund Houses - 24x7 in an easy, secure and convenient way.
This launch is in keeping with StockHolding's objective of offering its customers a digital experience and to transform the process of transacting and monitoring in Mutual Funds - anywhere, anytime. It also increases StockHolding's reach beyond its 190 branches into many underserved markets by providing an efficient and easy access to potential customers anywhere in the country.
About StockHolding
Stock Holding Corporation of India Ltd. (StockHolding) is promoted and owned by leading Financial Institutions and Insurance Majors, such as IFCI Ltd, SU-UTI, LIC, GIC, NIA, NICL, TOICL and UIC, who are all leaders in their respective fields of businesses. StockHolding is a Government Company, being a subsidiary of IFCI. StockHolding has a widespread network of branches across the country. StockHolding, as one of the market leaders in providing financial services over the last 30 years, holds Assets under custody of Rs. 30 trillion, the largest in India. StockHolding enjoys the trust of lakhs of customers, given its Institutional status and has a proven track record of Operational processes and Service capabilities. StockHolding provides DEMAT, Sub Broking, E-stamping, Document Management Systems, Distribution of Investment products such as Mutual Funds, Fixed Deposits, Bonds, Debentures, IPOs, Bullion and Distribution of Loan products. StockHolding also provides services for National Pension System (NPS).
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