Scripbox.com is an online investment platform for investors.
Scripbox.com has started providing debt funds investment through its online investment platform, says a press release issued by the company. Earlier, the company offered transaction facility in equity mutual funds only.
In the press release, the company said that it uses a scientific rule based method to recommend a portfolio of 2 debt funds on the basis of their consistent performance and high safety of capital. It assesses the credit risk as well as the volatility of returns.
Sanjiv Singhal, CEO of scripbox.com said, “Debt funds are a better option compared to fixed deposits. Debt funds offer higher post-tax returns and with the selection of the right funds, the credit risk involved can be made comparable with fixed deposits. Investors have really liked the simplicity of our current portfolio of equity funds and have repeatedly asked us for recommendations to invest their short to medium term money. Our rule based recommendations incorporate the best investment practices and we are confident the new debt fund portfolio would enable investors to invest wisely and quickly.”
