NEW DELHI: Axis Direct, the web model of Axis Securities, has launched FinPlan, a monetary planning and wealth-building platform powered by Finbingo, an funding advisor registered with the Securities and Change Board of India.
FinPlan will assist traders with monetary planning by monitoring their investments utilizing three instruments, Portfolio Physician, Wealth Builder, and Tax Planner, as per a press launch.
It should present prospects of Axis Securities solutions on investments based mostly on their present monetary standing, threat profile, and life targets. The platform comes with a dashboard the place prospects can get data on all investments and liabilities, together with a single snapshot of their monetary place.
Portfolio Physician will present a month-to-month evaluation of a buyer’s investments and can observe all his/her mutual investments, measure the credit score high quality of funds, establish the laggards, and take away non-performing funds. Wealth Builder will keep in mind an investor’s monetary standing and counsel appropriate progress avenues. Tax Planner will assist a buyer with tax financial savings. It should analyse his/her present investments and supply tips about tips on how to minimise tax obligations.
The platform will cost a regular subscription price, regardless of the funding measurement.
Supply: Live Mint