Journey and Profile of KAMFA
Karnataka Association of Mutual Fund Advisors (KAMFA) was formed in the year 2009, with the objective of all Karnataka State Mutual Fund Distributing IFAs uniting under one umbrella and work towards the common goals of betterment of the industry as a whole. KAMFA started with 14 senior Distributors IFAs in the Mutual Fund Industry in Bangalore, is today 700+ members strong. KAMFA currently has 7 chapters located strategically at Mysuru, Mangaluru, Hubballi- Dharwad, Belagavi, Bellari and Davangere.
KAMFA is THE largest State Wide Distributor Association across India. All industry participants have time and again recognized and appreciate the work the KAMFA has been successfully doing over the years. KAMFA is the founder member of Voice of Mutual Fund Distributors, a national body of Distributor Associations with two seats on the board.
KAMFA interacts with industry bodies, on a regular basis, to enhance business practices of all the IFAs & AMCs across the State of Karnataka and India.
Working with other IFA Associations across India, is also a regular feature. KAMFA, in close co-ordination with Industry Partners, organizes learning and training events which help the IFA fraternity to better themselves with each passing day. KAMFA strongly believes that, “it is better to teach a man to fish and become happy and prosperous for a lifetime rather than feed him a fish for a day”. Subjects like Importance of Will in a person’s Life, Reading Company Balance Sheets, Web and E-Learning, Ever Changing Tax Compliance Laws, coordinating and working with Registrars and Transfer Agents, are some of the Key Events organized by KAMFA for the benefit of its members.
Every KAMFA member is covered by an Accident Insurance Policy for Rs.1.00 Lac. This Benefit has been useful when a few members have gone through the unfortunate situation.
KAMFA conducts the KAMFA ANNUAL CONVENTION, every year. This has been successfully conducted for the last 7 years and is a Most Awaited and Must Attended event for every industry participant, be it and our member distributors or an employee of any Asset Management Company. Key Speakers share their perspectives on various subjects of common interest. The event normally has 600+ delegates from over 50 locations in Karnataka & beyond.
KAMFA also conducts annual Corporate Social Responsibilities Activities like Blood Donation, Sapling Plantations, Swachh Bharat Campaigns, Dental and Health Check-ups across Karnataka State.
KAMFA intends to expand its membership base to over 1000, in the times to come, covering every district in Karnataka State. Ensuring that members located across the state have inputs, information and access to business intelligence and best practices, to help serve and increase the investor base across the state. Interact regularly with Industry bodies, regulators and all the top industry professionals to provide the best of the inputs and help to ease out any challenges and pave the path for a continued growth and fruitful association for all the participants thereon.