PhonePe said it has launched 7 new mutual fund categories for customers to invest in. This, along with Super Funds and Liquid Funds launched earlier will now offer a rich and comprehensive set of investment choices to over 230 million registered PhonePe users. They can now opt for a solution that is fully managed by experts under Super Funds or build their own portfolio through a selection of curated mutual fund schemes across 9 categories. PhonePe aims to cater to investors who want greater control and flexibility in building their own investment portfolio to suit their life goals and investment style. PhonePe said the investing section on its app provides detailed information on every mutual fund, thus acting as great education and decision-making resource for everyone, right from new investors who are making their first investment to more evolved investors who are looking for a convenient and easy way to manage all their investments.
