Nippon India Mutual Fund allows to invest in liquid fund through WhatsApp

Nippon India Mutual Fund, formerly known as Reliance Nippon Life Asset Management now offers to invest in ‘Nippon India Liquid Fund’ through WhatsApp. “This facility will allow existing investors (Resident Individuals) to subscribe the units of Nippon India Liquid Fund (Growth Plan/Growth Option) through WhatsApp,” says the AMC website. To avail this facility existing investors will have to save “+91 8433938264″ on their mobile phones. Once the number is saved, they can just send a ‘Hi’ message through their registered mobile number to start the conversation.

If you are not an existing investor in Nippon India Mutual Fund, the WhatsApp bot will direct you create a folio in an absolutely paperless manner. Once the folio is created, you can come to WhatsApp and use the facility to invest in liquid fund. This facility also allows investors to check the current KYC status.