Paytm Money

Try to save cost on mode of investing, but it is usually not wise to scrimp on the cost of advice

Digital payments and financial services company Paytm on Sunday said it will seek a new general insurance license with a fresh application, aimed at gaining majority shareholding

The company said it is also offering free demat accounts for lifetime to all

Big push for new demat accounts likely to come from smaller cities and towns, as many investors will open them only to apply for the IPO

Shares of Paytm are expected to jump up to 20 per cent after overcoming the resistance at the 50-DMA.

Lot of users have done averaging and bought when the market was down, says CEO, foresees less flow of new funds in December 2021 and January 2022

Given the offer's aggressive pricing and the fact that One97 Communications, the parent company of Paytm, still remains a loss-making entity, most analysts had expected a sub-par listing

Curated ETFs are based on themes like high dividend-yielding stocks, consumer goods stocks or stocks to benefit from make-in-India theme. They've become popularity amid a bull run in the market

Paytm Money, is launching a wealth and investment advisory marketplace on its platform to offer curated advisory services and products to retail investors.

Average investment per user on Paytm Money is over Rs 70,000, with over 64% investing in mutual funds, 28% in equity, and the rest in digital gold

Paytm Money recorded an average investment of over Rs 70,000 per Demat account holder in FY21, with millennials leading the segment, according to an annual report data published in a Paytm blog.

Paytm continues to have market leadership by transaction volume

Zomato's Rs 9,375-crore IPO has seen a new set of investors coming into the capital market and there is a visible shift in consumer behaviour, a senior official of Paytm Money said on Thursday.

Ease of access, innovative analytical tools and lower investing cost helping them score over traditional players

Zomato IPO sees retail portion subscribed by over 200% within the first two hours of opening

Paytm Money is the first digital broker in India to offer this functionality, and expects this to significantly increase the participation of retail users in IPOs via its platform

Company clocked over 20 million annual direct mutual funds transactions with assets under management of over Rs 5,000 crore, says Varun Sridhar

Young investors are the target audience for most of the new-age start-ups offering MF and other investments.

Paytm Money said that during the Early Access Program the company witnessed massive interest coming from tier-III, tier-IV, and the rest of India

The platform - which also offers services around stocks, direct mutual funds, ETF, IPO, NPS, and digital gold - is focussed on bringing wealth services to 100 million Indians