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

ETMONEY, a fintech and investment platform, crossed the Rs 500 crore mark in mutual fund sales in one month. Global investments tracked and managed on the ETMONEY platform have reached over Rs 20,000 crore with investors from over 1,400 cities across India.

According to a press release issued by ETMONEY, this growth has been achieved through its customer-centric approach and multiple innovative initiatives. 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 functionality. The recent addition of a newsletter for every mutual fund program in India has been of immense help to investors, ”the statement said.

ETMONEY Founder and CEO Mukesh Kalra said, “With over 40% of our entries coming from monthly SIPs and more and more investors joining the platform each month, we are on track to cross. Rs INR 10,000 crore gross sales in fiscal year 21-22. . ”

ETMONEY helps users make informed investment decisions by helping them invest in direct commission-free mutual funds for free, protect their families with unique insurance solutions, and use the ETMONEY credit card to take out claims. instant loans at low cost.

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