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Mutual Funds made easy? Here is how investments can be just a click away

ICICI Bank Money Coach ensures that the customers attain the best personal finance guidance and suggestion for investments.

Mutual Funds made easy? Here is how investments can be just a click away
Customers also benefit from paperless KYC and online registration which lifts off the burden of the intensive process of registering for mutual funds. Photo: ICICI Bank Official Twitter
By ZeeBiz WebTeam
Updated: Wed, Jun 05, 2019
06:45 pm
Mumbai, ZeeBiz WebDesk
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Mutual Funds have turned out to be one of the most popular modes of investments for many. One can begin their investments in mutual funds by simpler methods like the Systematic Investment Plan or SIPs. Te funds are managed and overlooked by Asset Under Management (AUM) companies. However, it is always better that one manages their investments in the best possible way. One can get ahead in their life if they establish their financial goals, analysing and grabbing the best possible opportunities. 

But managing your investments can be one task. Private lender ICICI Bank with their ICICI Bank Money Coach product ensures that their customers attain the best personal finance guidance and suggestion for investments. The platform is a software robotic programmed which helps the customers plan their investment under a seamless manner. The Money Coach is an online mutual fund transaction and financial management platform which guides the user from the initial steps of building an investible corpus and investment in select portfolios. What's more is that ICICI Bank provides this service free of cost, hence the customer is not charged for any of the services under this platform.

The Money Coach platform also analysis and scrutinizes the customer's  financial health report, gives measures for readiness in cases of emergencies, makes a record of the customer's credit card usage, tracks income as well as expenses and also deduces the loan repayment capability of the user.

The private lender ICICI Bank went on its official Twitter to say that "Maximise savings by managing your money right with #ICICIBank. Use #MoneyCoach -  a personal financial management feature that’ll help you stay financially healthy."

Under the Money Coach platform, one can invest with a minimum SIP amount of Rs 5,000 to Rs 10,000. Moreover, the bank also allows the customer to either choose their own portfolio or the platform will suggest the best portfolio on the basis of risk associated. The four  choices of investments are one-time, monthly, Tax saving and the DIY. 

The customers also benefit from paperless KYC and online registration which lifts off the burden of the intensive process of registering for mutual funds.