PayTm planning to launch a money market mutual fund, will it help a consumer?

PayTm is planning to launch a Money Market mutual fund, as reported in news today.

For a long time it was being speculated that PayTm will foray in the mutual fund space as a distributor i.e. they will allow PayTm account holders to invest in any mutual fund schemes and earn commission from the Asset Management Companies (AMC) i.e. the ones who operate this mutual funds – ICICI, Reliance, HDFC etc. However, this move by PayTm is unprecedented and definitely a shocker Continue reading “PayTm planning to launch a money market mutual fund, will it help a consumer?”

SEBI allows investors to invest in Mutual Funds via Mobile Wallets, is this a right move?

Mutual Fund is one of the highest regulated industry in India, even more so than some of the developed nations, this makes it easier for an investor to trust and invest their money in mutual funds (as the probability of wrong doing is incredibly low), however at the same time this curbs the overall industry to spread it’s wings, educate more people about mutual funds and get them to invest. Continue reading “SEBI allows investors to invest in Mutual Funds via Mobile Wallets, is this a right move?”