“The journey of a thousand miles begins with one step.
This is our first step.”
Today, we are very excited to announce that Paytm Money is now live.
Here’s the official release.
Yes, you heard it right! You can now download the Paytm Money app from Google Playstore (for Android) and Apple App Store (for iOS) and get started with a new & simplified way of investing in Mutual Funds. This product and investing experience on Paytm Money is truly “Built for India”.
When we announced Paytm Money earlier this year, we also made a commitment towards making Investment & Wealth Management — Simpler, Transparent and More Accessible to Millions of Indians.
We are in the business of trust. And we are very happy to share that over 8,50,000 users have registered for early access on Paytm Money and have trusted us to start their investment journey with us.
Starting today, we shall open Paytm Money investment platform for about 2,500+ users every day and we plan to ramp this up to 10,000+ users a day over the next few weeks.
PS: Just joined the queue and want faster access? There is a way - download the Paytm Money app, become investment ready within minutes to skip the queue. :-)
During this period, our teams will closely interact with early users to ensure we take all suggestions, understand your feedback on the product and investment experience, address your queries before we open it to a larger audience.
Keeping Investors First!
We are taking an Investor first approach. Our efforts are aimed towards simplifying investing for First Time Investors as well as making it hassle free for Existing Investors.
Paytm Money has registered with securities markets regulator SEBI (Securities Exchange Board of India) as an Investment Adviser (IA) to act in the best interests of our users. This also enables us to offer you Direct Plans of Mutual Fund schemes that have no hidden commissions, thereby giving you higher returns on your investments.
We aim to bring wealth creation opportunities to millions and accelerate the adoption of Mutual Funds. In that direction, we are happy to announce that the Paytm Money platform will be completely free for our users. No charges or fees.
Incredible Benefits & Features:
We have spent a lot of time building the right experience and now we bring to you incredible features & benefits. Our focus has specially been on the following:
- Fully Digital KYC & Investment Readiness process
- The option to invest with 25 AMCs covering over 90% industry AUM
- Ease of Discovery of Mutual Funds
- Most Informative Mutual Fund details page
- Transparent & Instant Tracking of Investment process
- Easy SIP Management
- Insightful Portfolio Insights
- All Investment Statements
- Seamless Payment Experience
- Free Risk Profile Assessment
- Paytm Money Advisory Portfolios (Coming Soon)
- Customer Support
To read about all the awesome benefits that we bring to you, please visit our official website www.paytmmoney.com. However, we suggest that the benefits are best experienced on our app itself!
Till now access to investments has been limited to a select few. While most platforms have focused on building wealth for high net worth investors, our goal is to bring investing to users who want to start with as little as Rs. 100 to Rs. 1,000 per month. In this journey, our role is to connect millions of Indians with the best fund managers in this country.
To help users make the right investment decisions we are providing our users with a detailed risk profile assessment, multiple features & tools to help select the right set of investment options along with the most comprehensive information about all Mutual Fund schemes to help them with their investment decisions.
Our focus will always remain to use technology to deliver never-seen before features and solutions for you.
- Even with all the incredible features and offerings, our Android app is one of the lightest native app in India in this category.
- We post your transactions in real-time to AMCs
- Offer fastest updated Mutual Fund scheme NAVs in the industry
- Your portfolio value is most updated on our platform
- Every Investment Statement that you would want is available for you instantly
- Real-time portfolio insights
- Instant Redemption schemes that let you withdraw money instantly
- And many more!
Now get started with Paytm Money!
If you have already registered for early access to Paytm Money, do watch your emails or sms for approvals as we will start approving access for users from today. Once access is granted, our investment readiness process is simple and quick for both — existing and new Mutual Fund investors.
We want to build for you. We want to simplify investing even further. If you have any feedback or suggestions or feel the investment experience is not meeting your expectations, please help us improve and share your thoughts with us on email@example.com. Our team will respond to you.
India, let’s get started with investing.
Paytm Money Team