Mutual Fund Distributors Association of Karnataka (MFDAK) erstwhile Karnataka Association of Mutual Fund Advisors (KAMFA) was formed in August 2009, with few senior MFDs from Bangalore, with a common vision of growing together. The idea of a formal Association was being discussed and mulled for some time, before a drastic change in regulation, made the formation of Association from thought to reality pretty quickly.
KAMFA has been officially rechristened as MFDAK now. The association has seen massive growth in terms of membership and has expanded itself with chapters across Karnataka. Today, our association is known across the country for its knowledge sessions and annual conventions. All this had been made possible with the commendable efforts and passion of various committees and its executive members since 2009.
This association has taken a new name, MFDAK under the leadership of President, Mr Tejas G V & his team, will continue to work for its members with new vigour. Ambitious plans have been drawn up to make the distributor, an important cogwheel of our industry, to scale new heights with knowledge and empowerment.
The Story
In the year 2009, when 5 young mutual fund distributors discussed credibility and recognition over a cup of coffee, little did they know that they would go on to ignite thousands of similar minds & create a strong community over the years to come
They soon realized that, the only way to achieve gold standard customer satisfaction is by keeping the trust and interest of the client intact. Credibility and Recognition were just by products of good work. They also understood that, industry landscape can change, technology could disrupt and product innovation was inevitable. The only way to stay ahead of this curve was through collective learning and continues upskilling of knowledge. This thought paved the way for the formation of KAMFA, or The Karnataka Association of Mutual Fund Agents. Over the years, this organization has evolved into a trusted community.
While the spirit, soul and intent of the organization remains the same- KAMFA was renamed to MFDAK (Mutual fund distributors Association of Karnataka) in 2022.
Any AMFI Certified Mutual fund distributor with Valid ARN ( AMFI Registration number) and with Registered Address in Know Your Distributor (KYD) as well within Karnataka can apply for the membership.
Read MoreOur Team
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