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IDFC FIRST Bank’s customers can access detailed information – like historical fund performance (1Y, 3Y & 5Y), holding patterns (by sectors, companies, and market cap), and expert ratings on each fund (Morningstar Rating).
The ACE Feature on the IDFC FIRST Bank app provides rich and useful details on more than 2,500 mutual funds in India.
IDFC FIRST Bank on Thursday said it has unveiled ACE Feature on its premium mobile banking app that provides relevant insights and tools to allow investors make an informed mutual fund investment decision. This feature aims to empower an individual with ‘do-it-yourself’ investing, digitally.
“The ACE Feature on the IDFC FIRST Bank app provides rich and useful details on more than 2,500 mutual funds in India. Investors can browse through various fund categories (like Equity, Debt, Tax-Saving, Hybrid, and Index funds) and choose the right need-based fund to build a diversified portfolio,” IDFC FIRST Bank said in a statement.
IDFC FIRST Bank Customers can also access detailed information – like historical fund performance (1Y, 3Y & 5Y), holding patterns (by sectors, companies, and market cap), and expert ratings on each fund (Morningstar Rating), it added.
This feature provides premium experience to the investor by combining information about the fund available publicly, insights and easy investing customer journey.
Ashish Anchaliya, chief product officer- digital banking, IDFC FIRST Bank, said, “We know that investing can feel overwhelming, and making the right investment can be a challenge, especially with over 2,500 mutual funds to choose from. That’s why we created the Ace feature with tools and insights that provides relevant information at a single place. With just a few taps, you can select funds that you want to invest in with confidence and ease.”
