CAMS' mutual fund app crosses one million user mark

: Computer Age Management Services (CAMS) today said the company's mutual fund mobile app myCAMS had crossed the one million users mark.
The mobile application allows investors to track, transact and manage their mutual fund investments across CAMS, a company statement said.
myCAMS has grown to become the preferred choice for mutual fund investors to manage their investments.
"With continuous technology improvements and additional features, myCAMS has registered a sharp increase of nearly four lakh users in 2017," it said.
"We are witnessing increased interest for mutual funds among investors and notable drive toward leveraging digital channels like mobile app for the convenience it offers," company President and CEO, NK Prasad said.

"We are excited to reach one million user milestone which highlights the changing behaviour of investors seeking digital conenience," he said.
myCAMS has 10 lakh investors and services 25.3 lakh accounts. It receives over one lakh transactions every month, the statement added.