Sahara ’s Mutual Fund Distribution House announces expansion of its network
Capital Market Services Division will have75 branches nationwide by December and 150 branches by next year
Lucknow , Wednesday, September 12 th, 2007: Capital Market Services Division (CMSD), a unit of Sahara India Financial Corporation Ltd., which deals in the distribution of Mutual Funds schemes, today, announced its expansion plan. Under the plan, CMSD will strengthen its distribution network by increasing its branch network from 37 to 75 branches by December, 2007. Branches network will be further increased to 150 branches across India by the end of next year to have Pan-India presence.
Shri R.C. Mehta, COO, Capital Market Services Division (CMSD) said, "The expansion is aimed to provide various financial services beside distribution of Mutual Funds schemes of all AMCs”. We hope that with this we will be able to provide complete range of financial solutions to our investors”.
Shri Vineet Saxena (Country Head – Development), Shri Pankaj Varshneya (Regional Manager, Lucknow) and other sector and Branch Managers also attended the meeting.