Within 7 short months, Jar has become the GenZ platform of choice for savings. In this edition, I cover Jar's business model and future. Also details on credit cards, Razorpay and fund raises.
Not to discourage jar but the point for investing in mutual fund is to move people saving from gold and FD. By just investing in gold,the savings may not even beat inflation.
Most Indians don't invest at all and mutual funds isn't broadly understood. Investing in gold is much better than not investing at all and of course, the next step Jar will probably take is to educate users and provide a broad range of assets to invest in.
Not to discourage jar but the point for investing in mutual fund is to move people saving from gold and FD. By just investing in gold,the savings may not even beat inflation.
Most Indians don't invest at all and mutual funds isn't broadly understood. Investing in gold is much better than not investing at all and of course, the next step Jar will probably take is to educate users and provide a broad range of assets to invest in.