Elevo is a web and mobile application that provides an intuitive financing experience not only provide to individuals but HUFs, Minors, Companies such as Proprietorship firms, Partnerships, Private and Limited companies as well.
For more details visit - https://www.elevo.money/
With Elevo - mutual fund investing platform, you can invest your surplus funds in businesses and startups of your choice. You can also get a customised credit line, which you can pay back whenever you need. Now you can invest your surplus funds through Elevo.
Elevo ensures that every company has the access to better finance solutions when they need it, which empowers them in growing their business.
Business treasuries are the most underrated area of your business.
In fact, it is most important area as treasury management ensures that your business stays alive, and achieve capital efficiency.
Indian businesses do not have options for investing apart from Fixed Deposits where they barely earn 2.5% and have to pay penalties for pre mature withdrawals. With this thought of low liquidity, they prefer to keep their idle funds in current accounts where there is no interest earned.
We are coming to change that for you. Bringing to you treasury management solutions only on Elevo.
This platform gives MSMEs & startups better working capital solutions. MSMEs & startups can now invest their surplus funds through Elevo.
Benefits
- Access to better finance solutions
- Improved cash flow
- Easier investment opportunities
Features
- Explore 3500+ mutual funds available.
- Easy, paperless investing.
- Get Buy-Sell-Hold mutual fund recommendations.
When a bunch of investors with a common financial goal invest in a mutual fund, a pool of money is created.
In order to yield returns to our investors’ portfolio, the money is later managed by professional fund managers, who invest in bonds, stocks & various other money market instruments.The First Concept- Mutual funds are believed to be first traced back in the year 1774 by a dutch merchant Adriaan van Ketwich.
In the year 1772-73, his clients suffered a major loss, as an investment in the British East India Company didn’t turn out ideal.Bearing the heavy loss in mind, Ketwich came up with the concept of diversification of investments.
This eventually reduced the risk of loss to budding and existing investors.
In 1987 UTI saw the birth of public sector mutual funds.
Sectors like Life Insurance Corporation of India (LIC), SBI Mutual Fund, Punjab National Bank Mutual Fund, Indian Bank Mutual Fund, Bank of Baroda Mutual Fund & many more surfaced.
With countless Mutual Fund distributors competing for your business, you can be attracted to select a Mutual Fund Distributor based on the service alone.
It is often even a lot more vital when you’re investing in a long-term product like Mutual Funds and stocks.Download the best Mutual Fund App in India at – https://www.imperialfin.com/mutual-fund-investment-app/ The perfect investment company can even change depending on what kind of investments you’re looking for.
Here are some of the prominent tips that you should consider when selecting a mutual fund investment distributor in Nagpur, India.
Don’t Select a Company As Per Initial Service Quotes:Undoubtedly, Service is an extremely vital factor when selecting Mutual Fund Investment Company in India.
You need to know that after the service has been fully given, which means all your personal and family details have been assessed, you could attain a final and higher service quote from a mutual fund Distributor Consider Financially Stable Companies: When purchasing funds, you enter into a contract for a long period.
Some companies have found they can offer much better return rates to people with specific market conditions and still be profitable.
