Is ETMONEY safe?
Here are a few reasons to help you understand why ETMONEY is one of the safest financial apps in the market today: ETMONEY , the Times Internet backed finance app is a Times of India Group Company which is India’s largest media conglomerate. Association of Mutual Funds of India (AMFI) certified distributor.
Who is the owner of ETMONEY?
CEO Mukesh Kalra
ETMONEY Founder & CEO Mukesh Kalra said, “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 INR 10,000 Crore of gross sales in the financial year 21-22.”
How does ETMONEY make money?
The Challenge Of India’s Tight Fintech Market With its new services focussed around insurance and loans, ETMONEY is shifting to a commission-based revenue model where the financial service provider pays a certain fee for each new customer. This is in stark contrast to its earlier play of zero-commission mutual funds.
Can I withdraw money from ETMONEY?
Instant Withdraw It is a two-step process and the money will be transferred to your bank account instantly. (Maximum Instant Redemption value is Rs. 50,000 daily or 90% of the Clear Current Value of Investments. You can withdraw remaining 10% of the amount from the Investment section of the app.)
Is ETMONEY a broker?
ETMONEY is Part of Times of India. ETMONEY is a finance app of Times Internet and is part of the Times of India Group Company. You have the complete ownership of your mutual fund investment, ETMONEY is only an investment platform.
Is ETMONEY free?
With ETMONEY you can invest in the direct mutual funds in the country. You get a free forever account that lets you invest in mutual funds at zero cost.
Does ETMONEY charge a fee?
ETMONEY Charges ETMONEY online platform comes in the form of an app that is free to download and use. You do not have to pay any charges for buying units, tracking returns, and redeeming your mutual fund investment.
Is ETMONEY commission free?
ETMONEY now offers investments in zero-commission, direct mutual funds. “We are now offering a single place for all Indians to invest in zero-commission, direct plans,” Kalra said.
How do I stop SIP ET money?
Inform the mutual fund house and the bank from which the payments are made towards SIP. Fill the relevant form issued by the asset management company (AMC). You have to mention the date from which you would like to discontinue the SIP. Submit the form to the AMC.
Is ET money charges for mutual fund?
ETMONEY Charges You do not have to pay any charges for buying units, tracking returns, and redeeming your mutual fund investment. The other services like purchasing insurance, applying for loans, NPS investment, using Expense Manager and generating credit reports are also free of charge.
Is ETMONEY a good app?
ETMONEY is an online investment platform that helps you in investing, tracking and managing mutual fund investments, insurance policies, loans and credit reports under one roof….ETMONEY App Review.
| Particulars | Google Play Store | Apple Store |
|---|---|---|
| Ratings | 4.5 out of 5.0 | 4.5 out of 5.0 |
| Size | 16M | 342 MB |
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