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Over 86% investors satisfied with MF schemes: FIAI

According to the survey, most investors would like to see regulatory intervention with respect to better selling practices and transparency of the schemes

March 27, 2014 11:30 IST | India Infoline News Service
Over 86% of investors in the country are satisfied with their mutual fund schemes, a survey by Financial Intermediaries Association of India (FIAI) said.
The survey said, over 60% of the mutual fund investors were happy with services of distributors and advisers of investment schemes, while the remaining indicated the low satisfaction with their fund investments, the survey said.
According to the survey, most investors would like to see regulatory intervention with respect to better selling practices and transparency of the schemes as well as investor grievance handling.
The survey targeting mutual fund investors was conducted across the country and covered all segments of individual clients - retail as well as HNI - across all age groups.

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