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Business Economy


ETMoney crosses Rs 2K cr of investment in MF

New Delhi, Feb 12 (UNI) Financial services app ETMoney on Tuesday announced that it has crossed the landmark of Rs 2,000 crores of money invested in Mutual Funds through its platform.
It is also adding more than Rs.150 crores of new investment transaction value every month from investors across 1,200 cities.
"The news comes five months after ETMoney switched to Direct Mutual funds, allowing users to invest through its platform at 0 per cent commission. These benefits of providing users with low cost and transparent investment options from a single place has struck the right cord with users and ETMONEY has since then doubled the amount of investment done on its platform, with SIPs being the most prominent investment mode," said ETMoney Founder and CEO Mukesh P Kalra.
"We are aiming to grow to Rs.5,000 crores of mutual fund transactions in the next 12-18 months,” added Mr Kalra.
"Used by more than 50 lakh Indians, ETMoney is available on Android or iOS," a statement here said.
UNI DJK SB 1656
More News

20 Jun 2019 | 7:55 PM

Chennai , June 20 (UNI ) Sundaram Finance Limited (SFL) and BNP Paribas Securities Services
(BNPSS) have reached an agreement whereby BNPSS has agreed to sell its entire 49% equity stake in Sundaram BNP Paribas Fund Services Limited (SBFS) to SFL, subject to all regulatory approvals.

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Kottayam-Kochi Rubber Market Rates

20 Jun 2019 | 7:35 PM

Kottayam, Jun 20 (UNI) Following were the Rubber Market rates
announced by the Rubber Board here today per quintal.

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India has the highest data usage per smartphone: Ericsson report

20 Jun 2019 | 6:32 PM

New Delhi, Jun 20 (UNI) India has the highest average data usage per smartphone, reaching 9.

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BSNL launches Abhinandan - 151 plan vouchers for prepaid customers

20 Jun 2019 | 6:20 PM

New Delhi, Jun 20 (UNI) State-owned Bharat Sanchar Nigam Limited on Thursday launched a plan voucher Abhinandan-151 as promotional offer for a period of 90 days for its prepaid mobile customers.

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Rupee rises by 24 paise against USD

20 Jun 2019 | 5:58 PM

Mumbai, Jun 20 (UNI) The Rupee on Thursday appreciated further by 24 paise to 69.

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