ETMONEY sets new benchmark, crosses Rs 500 crore mutual fund sales in a month

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NEW DELHI: India’s fastest growing fintech and investments platform ETMONEY crossed the milestone of Rs 500 Crore of mutual fund sales in a month.
The overall investments tracked and managed on the ETMONEY platform has grown to over Rs 20,000 crore with investors from over 1400+ cities across India.
The platform achieved this superlative growth on back its customer-centric approach and multiple industry-first initiatives.
ETMONEY was the first platform in the country to offer completely paperless video KYC for mutual fund investments. It was also the first to launch Aadhar-based SIP payment feature.
The recent addition of a report card for every Mutual Fund scheme in India has been of immense help for investors.
Commenting on this achievement, founder & CEO of ETMONEY Mukesh Kalra said, “Crossing the benchmark figure of Rs 500 crore of gross mutual fund sales in a month is a testament to ETMONEY’s commitment to simplifying personal finance for the masses.”
“With over 40% of our inflows coming via monthly SIPs and more investors joining the platform every month, we are well on track to cross Rs 10,000 crore of gross sales in the financial year 21-22,” he added.