Comments
FYERS, a trading and investing platform, launched a demat account for NRIs to enable international customers invest in India. Currently, with over three lakh customers, the launch of the FYERS Demat Account will enable NRIs to seamlessly trade in equities, mutual funds, ETFs, Futures and Options.
It is a cost-effective platform with zero account opening and annual maintenance charges. It offers value-added features such as access to research reports, economic calendar, fundamentals and technical analysis. NRIs can open a portfolio investment scheme account by approaching any one of its banking partners.
Tejas Khoday, CEO and co-founder, FYERS said the capital markets had a bull run over the last few years and the launch of the NRI Demat Account will enable them to participate in the India growth story.
About 60 per cent of FYERS customers are aged below 35, indicating millennials and young investors are making beeline to the capital markets for income generation and wealth creation, he added.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.