iWorld

Moneycontrol launches Moneycontrol Transact for Mutual Fund Investors

In order to provide effective end-to-end Mutual Funds solutions, moneycontrol has launched a new a

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2019/01/03/money.jpg?itok=4BrYjwaH

MUMBAI: Moneycontrol, India’s leading financial platform from Network18 Digital has amplified its proposition by introducing a new app on Mutual Funds called- ‘Moneycontrol Transact’. The innovative app enables the users to understand and undertake all the MF activities comprising making investments, viewing recommendations and analyzing markets/investments on-the-go. Moneycontrol Transact comes with a personalized feature which recommends suitable mutual funds to users based on the multiple parameters.

Through various user selected specifications, the app examines how much the user wants to invest, what is the investment horizon, current financial conditions and responsibilities of the user. The custom recommendations suggest inputs based on investor’s age and their risk-taking abilities.

Personalized recommendations on the app are powered by CRISIL Research, known for their expertise in MF sphere. Moneycontrol Transact offers a curated list of funds from 39 fund houses and will be available for users to select their preferred asset class, time horizon and their investment focus. In order to get updates on-the-go, users can easily navigate on top performing funds across all categories and utilize all the features for free.

For the digital-savvy generation, Moneycontrol Transact makes it easy for them to register, invest, submit and complete all the necessary procedures conveniently without getting into any paperwork hassle. A detailed portfolio analysis can be accessed 24x7 by the users across beginners and experts, including their investment records, attained profits/ losses and exhaustive study about their mutual fund activities to give them a collective view across different holdings.

At the launch, Gautam Shelar Business Head for moneycontrol, said, “Based on extensive user research and feedback we have received from our moneycontrol user community, we have launched the first iteration of the moneycontrol transact app. After the launch of our premium paid offering Moneycontrol Plus, our strategic alliance with CRISIL, an industry stalwart in this domain, we will further diversify our business from an ad driven model. We are looking to tap the cross section of millions of mutual fund investors in India, a large part of whom are already loyal moneycontrol users. We have been pioneers in providing best in class information to our users and now in order to execute the transactions/ activities seamlessly on Moneycontrol Transact, the information can be combined with recommendations to deliver superior perspectives and insights to our users.”

On the new launch, Avinash Mudaliar, Chief product officer of Network18 says, “We are extending the Moneycontrol brand to a transaction platform for a better service to our existing users, who have trusted us for almost 2 decades for all their financial needs and information before investing. Mutual fund awareness is growing and investments by retail investors have seen tremendous growth of 1.6 Lakh Crore in past 12 months. We have developed a product which can handhold new investors of mutual funds while also satiate the requirements of more seasoned investors who want to get insights into their investments. New users will find a product that is simple and elegant to use and will also be able to invest in mutual funds quickly yet confidently, backed by moneycontrol and CRISIL’s recommendations. At the same time, advanced users will be engaged by the consolidated as well as granular views of their investments. We are looking to continuously evolve and add more value driven features for our users.” 

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/03/19/nazaraaa.jpg?itok=jKlqTZYb
Nazara Technologies, Delta Corp to invest Rs 40 cr in HalaPlay

Nazara Technologies Ltd and Delta Corp Ltd, which is India based casino gaming company, together will invest Rs 40 crore as part of Series-A funding round in an online daily fantasy sports platform, HalaPlay.

iWorld Gaming
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/03/18/kubrra.jpg?itok=LQ-03-af
Kubrra Sait to host an interactive Bollywood quiz show on Facebook

Internet's latest sensation, Kubbra Sait is all set to host Jhacaaash, an interactive Bollywood quiz show on Facebook Live.

iWorld Social Media
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/03/18/zee5_0.jpg?itok=We4es3Mn
Vodafone Idea & Zee Entertainment add a new dimension to content partnership

Vodafone Idea Limited, India's leading telecom operatorandZee Entertainment Enterprises Limited (ZEEL) announced a strategic partnership today for ZEE5 – the fastest growing OTT platform in the country.

iWorld Over The Top Services
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/03/18/netflix.jpg?itok=spli8FRR
Netflix announces the date and releases the trailer for its new Marathi film, 15 August

After receiving a hugely positive response on its first regional title Firebrand, Netflix today launched the trailer of its upcoming licensed original Marathi film, 15 August.

iWorld Over The Top Services
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/03/18/zee5.jpg?itok=LGvb1Anl
ZEE5 and Nestaway partner for an exclusive offer

ZEE5, India’s fastest growing OTT platform, and Nestaway Technologies, India's largest managed home rental network, announced their partnership to offer a bespoke gift of ZEE5 premium subscription to Nestaway Assure customers.

iWorld Over The Top Services
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/03/16/Darshan_Bhatt.jpg?itok=TjrpmxlY
The digital content boom - trends in 2019

When is the last time you followed a full show on TV? With the advent of digital streaming platforms, it’s something that is hard to recall for most people. There was a time when having access to digital content in itself was exciting. But in this user-driven world and the dynamics that come with...

iWorld Over The Top Services
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/03/16/Amazon_Prime-Video_0.jpg?itok=ydMAMybL
Amazon Prime Video is India's most-viewed OTT platform in February

Amid a large number of OTT platforms, Amazon Prime Video was the most-viewed one in India for the period between 12 February and 3 March. A survey done by market research and analysis company Velocity MR has revealed the high popularity of the international player, which is leaving no stone...

iWorld Over The Top Services
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/03/15/facebook.jpg?itok=QPlhAq-p
Facebook chief product officer Chris Cox, WhatsApp head Chris Daniels step down

Social media giant Facebook has announced the departure of two high profile executives.

iWorld Social Media
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/03/15/idea.jpg?itok=7K1y2i0Q
Idea offers one year of amazon prime with nirvana postpaid plans

Amazon and Vodafone Idea announced today that all Idea Nirvana postpaid customers are eligible to receive a year of Amazon Prime (worth INR 999) at no additional cost – providing customers the best in entertainment and shopping: Prime Video, Prime Music, Prime Reading and unlimited free, fast...

iWorld Telecom

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories