Principal MF, Bajaj Allianz Distributors' in tie-up

Principal Mutual Fund and Bajaj Allianz Financial Distributors announced a strategic partnership for distribution of Principal MF's products.

MUMBAI: Principal Mutual Fund and Bajaj Allianz Financial Distributors, on Thursday announced a strategic partnership for distribution of Principal MF's products.

Principal MF's Business Head, Sudipto Roy, said that "this partnership will help us enhance the accessibility of our products across the country. Distribution is crucial to the growth of mutual funds in the country."

Bajaj Allianz Financial Distributors' CEO, J K Bhagat, said that "we are delighted to announce our partnership with Principal Mutual Fund and hope to distribute mutual funds to a large number of customers through our extensive network."

The company was also extensively working with its agency network to train a growing number of agents to be AMFI-certified so that they were equipped to provide holistic advice to customers, Bhagat added.
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