Computer Age Management Services, city-based IT enabled service provider and mutual funds transfer agency Thursday said it clocked two million registered users on its mutual fund mobile application myCAMS.
"myCAMS has seen high level adoption from investors across Tier II and III locations, with these locations contributing to nearly 50 per cent of registration," a press release said here.
Of the two million registered investors, nearly 65 per cent were investors with distributors leveraging the application for transactions and portfolio, it said.
CAMS, President and CEO (Asset Management Services), Anuj Kumar said, "We are excited to see myCAMS scale upto serve two million investors. The large user base underscores the changing behaviour of investors seeking digital convenience."
The mobile application allows investors to have one view of portfolio, invest, track, manage investments across 17 participating mutual funds on a single platform, the statement said.
The investors would also have the option to access the online version of myCAMS if not comfortabe with mobile application, it added.
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