ETMONEY Continues Phenomenal Growth, Passes 500 CR INR Gross Mutual Fund Sales Milestone in One Month to Set New Benchmark

New Delhi [India], Oct. 5 (ANI / NewsView): ETMONEY, India’s fastest growing investment and financial technology platform, surpassed INR 500 crore in mutual fund sales in one month. Overall investments tracked and managed on the ETMONEY platform have reached over 20,000 INR Crore with investors from over 1,400 cities across India.

ETMONEY has accomplished this exceptional growth through its customer-centric approach and multiple innovative initiatives in the industry. ETMONEY was the first in the country to offer a fully paperless video KYC for mutual fund investments and launched the country’s first Aadhar-based SIP payment function. The recent addition of a newsletter for every mutual fund program in India has been of immense help to investors. Taking this step, ETMONEY Founder and CEO Mukesh Kalra said, “This is a major achievement for ETMONEY. Crossing the benchmark of INR 500 crore of gross mutual fund sales in one month is a testament to ETMONEY’s commitment to simplifying personal finances for the And with over 40% of our inflows coming from monthly SIPs and With more and more investors joining the platform each month, we are on track to cross INR 10,000 crore in gross sales in fiscal year 21-22. Along with this, we are also very excited about our new line of products and services aligned to solve the next set of challenges in the evolving fintech space. “

ETMONEY is India’s largest financial services app that simplifies the financial journey for New Age Indians. ETMONEY helps users make informed investment decisions by helping them invest in commission-free mutual funds for free, protect their families with unique insurance solutions, and use the ETMONEY credit card to take out loans low cost snapshots. With 350% growth per year, combined with multiple innovative solutions, in less than five years, ETMONEY has added 10 million users to its platform in more than 1,400 Indian cities. ETMONEY manages and tracks over INR 20,000 crore of mutual fund investments.

This story is provided by NewsView. ANI will not be responsible for the content of this article in any way. (ANI / NewsView)

(This story was not edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Source link

About Jon Moses

Check Also

ETMONEY crosses Rs 500 cr gross sales of mutual funds in one month; managed investments exceed Rs 20,000 cr

ETMONEY, a fintech and investment platform, crossed the Rs 500 crore mark in mutual fund …

Leave a Reply

Your email address will not be published. Required fields are marked *