The company has expressed the hope that through this app, the mutual fund investors will increase from 20 million to 5 million by the year 2023
Now you can buy mutual funds from PetiMe. The Paytm Money app has been launched for this. Through this, investors will be able to sell mutual funds. They will also be able to buy them. The company has expressed the hope that through this app, the mutual fund investors will increase from 20 million to 5 million by the year 2023.
Learn about Paytm Money :
Through this app, if the investors buy plans from mutual funds, then they will get returns of more than 1 percent. However, there will be no commission in it. There are plans for 25 big companies like Birla Sun Life, Axis Mutual Fund, HDFC Mutual Fund, ICICI MF, Kotak MF, LIC MF, SBI MF, Reliance MF for investors in this app. Let me tell you that you will not need to give any documents. Investors will be able to invest from 100 rupees in this.
Paytm Money includes all types of mutual fund schemes. In Paytm Money, you will get all kinds of options like Large, Small, Midcap, Balanced, Tax Savings, Debt and Liquid Fund. In addition there is also a return calculator in it.