November 17, 2023 / 13:29 IST
In a world where every minute counts and things change within minutes, speed and efficiency are required in almost all spheres of life, be it your job or your personal commitments. This gets even more critical in the space of investing, where a few milliseconds can make a big difference in practices like day trading. When it comes to investing, there are various asset classes, like stocks or mutual funds, with different sets of characteristics applying to each. This can become confusing, or worse, draining, for an investor, new or seasoned, if they go around different platforms to avail them. Again, the new-age investor wants things to be fast and affordable without having to subscribe to a service.
Putting an end to the new-age investors’ woes, the team at HDFC securities has come up with a brand-new app, HDFC SKY, which has the benefits of discount broking combined with the ease of having all major asset classes under its umbrella (or SKY). These include:
- Indian Stocks
- ETFs
- Mutual Funds
- Currency & Commodity
- US stocks and more!
Apart from the variety of investment options, HDFC SKY offers a good number of features to make an investor’s life easier. So, they can discover, decide, execute, and track efficiently. These include; - Buy Stocks Pay Later with MTF at just 12%
- ₹20/- per order across Equity, F&O, Currency, Commodity*
- App with all trading platforms eq, fo currency, commodity, MF, MTF & global investing
- Stock analysis: swot details, technical analysis, share holding pattern, stock news
- MF scheme details analysis + MF compare feature, holding & risk analysis, sector allocation in MF
- In-depth research & insight
- Research recommendations
- Trading view chart
- Advanced option chain
- Smart watch list
- Simple swipe order execution
- 200+ live screeners
- Comprehensive learning modules
- Simplified Option
- Chains with Greeks
- Advanced Charts & Indicators
- Caution Nudges
Many new investors join the market each day. If you're thinking of opening yours, here are some reasons why one should open an online Demat account to participate in India’s growth story.- Increased access to the stock market. Online trading apps have made it easier and cheaper than ever for all kinds of investors to participate in the stock market.
- Rising financial literacy - Investors are becoming more educated about the stock market and the benefits of investing early
- The stock market has performed well in recent years, which has attracted new investors and encouraged existing investors to trade more actively. We’re looking at new investors joining and investing in their money every day. This will in turn increase the output capacities of Indian companies, positioning them towards growth
HDFC SKY has a speedy onboarding process, and your account can be opened within minutes without the need for any physical paperwork. The interface is designed to make things faster and crisper so that you don’t get confused while executing your trades. As the market gains momentum in terms of new investors joining every day, a trusted brand like HDFC is a good option to consider. It is a one-stop shop where you can find everything from Indian stocks to US stocks to mutual funds and more, along with stock recommendations curated by the experts. Plus, you get to enjoy ‘Buy Stocks Now Pay Later with MTF at just 12%’! Try it for yourself!
Moneycontrol Journalists were not involved in the creation of the article.
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