JM Financial unveils Bondskart.com
The Hindu
JM Financial Products Ltd., the NBFC arm of JM Financial Group, announced the unveiling of Bondskart.com, a digital investment platform for ease of investment in an extensive array of debt securitie
JM Financial Products Ltd., the NBFC arm of JM Financial Group, announced the unveiling of Bondskart.com, a digital investment platform for ease of investment in an extensive array of debt securities. “Such a service is being offered for the first time by a traditional large diversified financial player in the sector. There is no entry or exit fee for the investors. The minimum investment is ₹2 lakh,” said Ajay Manglunia, MD and Head, Institutional Fixed Income, JM Financial.
According to him, Bondskart.com features diverse a 360-degree fixed income investment options across rating categories, yields and instrument types such as plain vanilla bonds, sub-debt/tier II & perpetual bonds aided by in-house analytics and data driven technology platform.
It also provided investors flexibility to sell their debt securities with secure settlements, adding liquidity as a utility function to the platform, he said.
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