Mumbai, Feb 18: Union Mutual Fund today signed a Registrar and Transfer Agent (RTA) agreement with CAMS to support transaction processing and investor servicing for Arthaya SIF. This arrangement is aimed at ensuring operational readiness and a seamless servicing experience for investors and distribution partners when Investment strategies under Arthaya SIF are launched.
Derived from the Sanskrit word Artha (wealth), Arthaya signifies “Purpose Led Wealth.” The name reflects Union Mutual Fund’s philosophy of purposeful wealth creation, blending Indian roots with a modern outlook and aligning financial journeys with long-term financial goals.
Mr. Madhu Nair, CEO, Union AMC, said: “As we develop our Specialized Investment Fund offerings in a measured and thoughtful manner, establishing a strong operational backbone is essential. Signing the RTA agreement with CAMS is a step towards ensuring that when Investment strategies under Arthaya SIF are introduced, investors and partners benefit from a smooth and well-supported transaction and servicing experience.”
Mr. Anuj Kumar, Managing Director, CAMS, added: “We are pleased to collaborate with Union Mutual Fund in supporting their SIF offerings. Our infrastructure is designed to provide reliable transaction processing and investor servicing support, enabling efficient operationalisation of new investment offerings.”
Union Mutual Fund aims to develop Investment strategies under Arthaya SIF with a focus on disciplined strategy design, governance, and investor-centric execution. Strategies under Arthaya SIF will be introduced in due course, subject to applicable approvals.