Bondskart.com, a digital application that would enable retail investors to trade or invest in fixed income securities including corporate bonds, a facility similar to the RBI’s retail direct platform for government bonds.
It will further enhance the bouquet of financial services that JM Financial currently offers, JM Financial said in a release Wednesday.
“Bondskart.com complements our investment distribution framework which would serve all categories of investors,” said Vishal Kampani- Managing Director, JM Financial Products. With a larger focus on adopting the tech-driven solutions, Bondskart.com will offer seamless investment solutions to investors, enabling them to benefit from our fixed income investment expertise.”
ET first wrote about the online application on November 17.
Bondskart.com features diverse fixed income investment options across rating categories, yields and instrument types such as plain vanilla bonds, sub-debt/ Tier II & perpetual bonds aided by in-house analytics and data driven technology platform.
The platform, powered by intensive insights on fixed income investment, aims to educate investors on various aspects of investments thereby enabling them to make an informed decision. It also provides investors with the flexibility to sell their debt securities with secure settlements, adding liquidity as a utility function to the platform.
Going forward, JM Financial plans to add more value-added services to Bondskart.com.