26 Jan 2017, 05:41 pm
This is one of the country’s first paperless investment destination, where only direct plans are at play ensuring higher returns.
It is a platform targeted at astute investors, who want to save on third party commissions on their financial products and services.
With over 1.5 crore investors and 5 crores folios in Mutual Funds, the total industry AUM comes up to a collective of 16 lac crores. Out of which investment through direct plans stand at around 6 lac crores only.
Mohit Gang, Co-founder and CEO, Moneyfront.in said, “We see a need and potential in the market place for a reliable and a fully automated advisory platform dedicated to investors who want to invest in mutual funds directly without going through a middle man. We want to create investor awareness and at the same time expand this direct plan investment route which is currently at 6 lac crores. Our focus markets at present are Delhi, Mumbai, Bangalore, Chennai and Kolkata. We will be looking at newer regions in the upcoming quarters.”
- Ind.AI: Sovereignty, jobs, energy and the “What If?”
- Diabetes, muscle loss and the illusion of quick fixes: Why lifestyle correction—not shortcuts—remains our strongest medicine
- Kolkata: Rotary honours Padmashri 2026 awardee Pandit Tarun Bhattacharya
- Kolkata: Rotary Club of Calcutta Pointers, Indian Cancer Society host cancer awareness, screening camp
- ‘This Union budget is about building capacity, not chasing short-term consumption’
- AI will replace surgeons, coders — and billions of jobs, warns Sraddhalu Ranade at MCHD-SKC Memorial Lecture
- Religion without servility: Journalist Anshul Chaturvedi on why Vivekananda speaks to believers and atheists alike
- Culturist Sundeep Bhutoria unveils anthology When Gods Don't Matter at Jaipur LitFest 2026
- Kolkata CP urges elderly to stay alert against digital scams at ‘Pronam’ interaction
- Sona Incubations, Salem picks 17 startups for Rs 11 Mn DST investment, grant
Air India has announced two new international routes as part of its ongoing expansion in Asia, adding direct connections to Hanoi and increasing services to Tokyo.
Lufthansa is set to introduce a new nonstop service between Frankfurt and Kuala Lumpur starting October 25, 2026, expanding its presence in Southeast Asia. The route will operate five times a week throughout the year, with flights scheduled daily except Tuesdays and Thursdays. Bookings for the service are already open.
Air India and Air India Express will present their upgraded cabin products and refreshed on board experiences at SATTE 2026, taking place from 25 February to 27 February 2026 at Yashobhoomi, New Delhi, offering trade partners and visitors a first-hand look at the airlines’ transformation journey.