How do you get Indians to invest in mutual funds (MFs) when less than 5% of household financial savings is invested in capital markets as a whole? It’s a question that has troubled the Indian MF industry for long. While the industry finds ways to simplify the investment process, the advent of robo advisors, online distribution and advisory platforms is making things easier for savvy internet and mobile phones users. Finozen is the latest online product in this space.
India's wealthy opt for term insurance policies worth Rs 5-20 crore: Report
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