Saturday, 25 August 2018

Paytm Money to offer MF investment products at no fee

Paytm subsidary - Paytm Money will offer mutual fund investment products at zero fee to its customers. The investment and wealth management platform, which is slated for launch in the next two weeks.

Paytm Money Whole-time
Director Pravin Jadhav told " We are aiming to make investing simple, transparent and accessible for all. We believe that the mutual fund industry will grow from current 20 million investors to over 50 million investors in the next five years"

Users will get best possible investment product at zero fee will help accelerate this growth, he added. Paytm Money will offer mutual fund schemes in direct plans that come with lower expense ratios, it added

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