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HDFC Securities launches an online advisory platform to enable e-Wills and mutual fund distribution.
PremiumCreating of a Will has now become easier, claims HDFC Securities.
In a press statement, HDFC Securities said it has created an e-Will facility which will take a “few minutes" to create a person's Will. It said, “E-will is a facility that saves the trouble of running after multiple lawyers to create a will about the distribution of wealth and other assets. Starting as low as Rs. 1,500, all it takes is a few minutes with absolutely no paperwork at all. As for authenticity, it has been created by a team of the best legal experts."
The service is part of HDFC Securities' newly launched robo-advisory called HDFC Money.
HDFC Money is a 100% digital platform that doesn’t involve opening/having a Demat Account. Apart from Mutual Funds, one can also manage other aspects of finances such as accessing, managing, and tracking portfolios, starting goal planning, insurance planning, creating E-wills, and managing/filing taxes, it said.
“Goal based investment is the need of the hour, there are plethora of investors who approach long term investment without having a proper plan in place. HDFC Money Robo advisory will help investors to plan & execute with a more defined objective keeping risk and tenure in consideration," HDFC Securities said.
Abhishek Mehrotra CFA, Head of Investment Products, HDFC Securities said, “Goal based Investing is something one can’t overlook, the basic objective of investing is to achieve a financial goal, which could be as simple as holiday trip to a complex retirement planning or child education / marriage."
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