Why setting an invest goal matters
The Platform facilitates opening Beneficiary Owner (BO) account
from its portal. Gives NRB investors the flexibility to open a
BO account without visiting brokers’ office. The platform also
facilitates Payments for BO account fees, Transfer/Deposit fund
to BO account and equal monthly investment facility.
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Factors to be considered in goal setting
Identifying Investment objectives: You must get clear about your financial goals and understand just what you’re saving for or why do you need the money? It can be retirement planning , buying home or car ,education fund for kids or even for emergency fund for medical expenses.
Risk Tolerance: How much risk you are comfortable with.
Time Horizon: When do you need the money?
Investment strategy: Determining appropriate investment strategy in line with your investment objectives, risk-return targets and time horizon.
Monthly savings through investing
A savings amount pays off in time of need. The platform
facilitates monthly savings in accordance with your monthly
income for flexible tenor.