Money Assist Looks to Attract Investments in Mutual Funds in India From Tier-II Cities

KOLKATA, India - Dec. 13, 2022 - PRLog -- Money Assist was incepted in the year 2014 with the aim of helping the common man appreciate capital with the help of mutual funds. Even though there are lakhs of investors, they are mostly among the educated class of people. Common people in rural and semi-rural India do not even know that they can start a monthly SIP with as little as Rs. 500. Hence, they miss out on the opportunity to make a lot of money on the mutual fund market, which is relatively less risky when compared to the stock market.

If they had an idea of how mutual funds in India work, they would be able to grow their wealth and consequently live a more comfortable life. It has always been Money Assist's aim to help such people, in their quest to better their lives and live a more financially secure future. Hence, with that aim in mind, Money Assist has started to cater exclusively to clients who are from the lower income range and come from semi-urban to rural places. With this idea in mind, the company seeks to target Tier-II cities all over West Bengal and then India.

Moreover, this mutual fund distributor is keen to see that people from diverse backgrounds are introduced to mutual funds. This is a great way to build capital and corpus over time as it offers a relatively minimum amount of risk and returns higher than Fixed Deposits and Recurring Deposits.

However, the targeted audience, may or may not have the requisite knowledge of which mutual funds to invest in for the long run. Hence, in such cases, it makes sense that they reach out to a broker so that the broker can invest on their behalf in the right schemes.

"We are focussing on Tier II cities in West Bengal as there is a vast population with no knowledge of investing in mutual funds. Hence, they often miss out on the small opportunities to make money and consequently lose out on the right vehicles to make money," said a representative of the company.

Moreover, we are looking to invest exclusively in mutual funds in India. So, in conclusion, given this premise, we would appreciate it if people came forward and took an interest in the investment of mutual funds.

Know More: https://www.moneyassist.in/mutual-fund