Paytm Mutual Funds – Invest in Mutual Funds using Paytm Money
Paytm Money – Paytm Mutual Funds
India’s leading mobile wallet and e-commerce payment company Paytm now offering Mutual Funds (Paytm Mutual Funds) using Paytm Money. Paytm has recently introduced Forex Services with top 20 International Currencies. The Paytm Forex Service lets you load about $250,000 into the forex card in a financial year and purchase up to $3000 in currency notes. The Paytm Mall reached new heights after receiving funds from the Chinese Multinational Conglomerate, Alibaba and Japanese Conglomerate, SoftBank.
Now you can invest in Mutual Funds using Paytm. The service was in beta stage for the employees till August. Now the service is available to the public. According to reports, Paytm Money has already registered close to half a million subscribers. The Paytm Money App is available to download for free on Google Play Store ore and Apple App Store. The Paytm Money will be providing cheap purchase of mutual funds as the platform will be selling direct plans instead of distributor plans which cuts the commission of the distributor thus reducing the price.