Through ZipSIP, investors can start SIPs within minutes and without any paperwork, claims the company.
Aditya Birla Money MyUniverse has introduced a new facility called ZipSIP through which investors can start SIPs within minutes without any paperwork, claims the company.
“Many of our customers need an investment solution that complements their busy lifestyles; it should be fast, easy and effortless. Our award winning mutual fund research team has created tailor-made portfolios and identified the best schemes to suit your risk profile so that you can invest with confidence,” said a note issued by the company.
MyUniverse has also launched a mobile app on Android and iOS to invest and track funds on the move. There is no fee to use ZipSIP service. The company will also provide personalized advisory services through phone or chat.
“Digitally savvy investors are comfortable investing online. MyUniverse has 1.3 million customers while around 80,000 people are using our online SIP investing tool,” said Sudhakar Ramasubramanian, CEO – Wealth & Online Business, Aditya Birla Financial Services.
The funds are recommended based on the proprietary model called optimum efficiency model (OPEM).
Investors who are KYC compliant need to send ECS mandates to the company. The company performs KYC for non-KYC complaint investors through a web camera.
