Zerodha appoints CAMS as the RTA for its proposed Mutual Fund

Computer Age Management Services Ltd (CAMS) has been appointed by Zerodha Asset Management Private Limited("Zerodha") as their Registrar and Transfer Agent for their proposed Mutual Fund business after an evaluation process. The appointment is subject to Zerodha receiving necessary regulatory approvals for launching their Mutual Fund.

CAMS has been part of the evolution of the Mutual Fund industry for over two decades and has scaled up to become the largest financial infrastructure Institution serving nearly 70% of the Indian Mutual Fund industry's assets. CAMS's core platform with digital interfaces and APls serves all facets of asset management operations covering transaction processing, risk management, analytics, business continuity, security, investor services and intermediary services. The company's innovations and automation leveraging emerging technologies have supported the industry's massive drive to attract and grow retail investor participation in Mutual Funds.

Shares of Computer Age Management Services Limited was last trading in BSE at Rs. 2596.10 as compared to the previous close of Rs. 2627.10. The total number of shares traded during the day was 18547 in over 3215 trades.

The stock hit an intraday high of Rs. 2636.20 and intraday low of 2557.85. The net turnover during the day was Rs. 48274017.00.

Source : Equity Bulls

Keywords

ComputerAgeManagementServices INE596I01012 CAMS Appointment ZerodhaAMC MutualFund Registrar TransferAgent