Paytm money launches Mutual Funds investment packs

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Investment Packs by Paytm Money are customized portfolios of mutual fund schemes created by the company’s in-house advisory team to cater to the investment needs of all types of investors.

Paytm Money announced the launch of ‘Investment Packs’, its first advisory product that offers curated investment portfolios of mutual fund schemes based on the unique risk profile of each investor.

Highlights:

• Free Advisory on Handpicked Mutual Funds Portfolios for users
• Curated based on user’s unique risk profile and suitable asset allocation
• Paytm Money crosses over 1 Million users mark
• Offers commission free investment in direct Mutual Funds

 

Investment Packs by Paytm Money are customized portfolios of mutual fund schemes created by the company’s in-house advisory team to cater to the investment needs of all types of investors. Each pack caters to a designated risk profile type and has a different asset allocation of equity & debt mutual funds that is suited to the investor’s risk appetite.

Pravin Jadhav, Whole-Time Director of Paytm Money said “Our focus with Paytm Money has always been to add incremental investors to the Mutual Fund industry. While we offer our investors a simple and seamless investment execution service along with easiest SIP management, there was always a question from new investors – “where do I invest?”. With “Investment Packs” we aim to bridge this gap by offering customized advisory portfolios and simplifying investments for the first time investors of mutual funds on Paytm Money.”

These “Investment Packs” along with the Risk Profile assessment are offered completely free of cost to all users on Paytm Money. Investors can invest via both SIP and lump sum modes. A typical investment pack comprises of 3-5 mutual fund schemes and has an asset allocation of debt-equity based on user’s unique risk profile.

Investment Packs are offered in two versions – large and mini, based on the minimum amount required to start the investment. Mini Investment Packs start at Rs. 2,000 while the large packs start at Rs. 5,000 for SIPs. Paytm Money also offers Tax Saving Investment Packs for investors looking for simple tax-saving solutions, to help them save tax under Section 80C of the Income Tax Act, 1961.

Paytm Money has crossed over 1 Million users mark to become the largest platform for mutual fund investments in India offering commission free investment in direct Mutual Funds. The company is fast innovating its product & technology offerings to simplify mutual fund investing experience for its users. Recently, it enabled mutual fund investment via UPI, consolidation & tracking of all mutual fund investments, register SIP & pay later and many such investor-first features aimed towards simplifying the investing experience for its users.

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Latika Bhargava
Latika Bhargava successfully manages the dual responsibility of news and website management at Newsbarons. Latika prides herself at her expertise on social media planning and management. An entrepreneur at heart, Latika is a quick learner, analytical and enjoys reading on technology innovation.
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