Wealthtech platform Share.Market aims to give a new dimension to discount broking in India by offering quantitative research and market intelligence that can facilitate sustained wealth creation for both retail investors and traders. “As we look to scale, we would endeavor to further strengthen our product to help retail and mass affluent investors in investment decision-making and inculcating investment discipline that is necessary for long-term wealth creation,” says Ujjwal Jain, CEO of Share.Market.
The wealthtech platform plans to go live with futures & options trading by the end of March, and will look at adding more products to its portfolio in the near future. Edited excerpts from an interview with ETMarkets:
How was 2023 for your wealthtech platform, a year that was highly rewarding for equity market investors?
Ujjwal Jain: In 2023, our wealth platform experienced significant success, marked by our foray into stock broking with the launch of Share.Market in late August 2023, thereby rounding out our wealth offerings.
The introduction of Share.Market received an outstanding response from the investor community, leading to a substantial increase in accounts each month.
The entire spectrum of mutual fund (MF) products has been available since mid-2021. On the MF front, our total SIP transactions nearly doubled throughout 2023, with over 12.4 lakh successful Mutual Fund SIP transactions processed in December 2023 alone.
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