Viewing profile — nikhilmantha

Hello! We have an offer running currently where when you invite 5 friends to complete sign up through us then all transactions via Piggy are free for you for life. Also regarding y…

Thanks! We'll look into it. Try our Android app if you can. That is up to date. iOS app will be up to speed soon.

Basically there are two plans in Mutual Funds. Direct and Regular. Both have the same securities, manager, structure etc. Only difference is that Fund houses pay commissions to age…

Our web is getting built as we speak. It should be up soon enough. We focussed most of our efforts on mobile till now because as a country we skipped desktops and jumped to mobile …

Do take a look at the charges section in our app. We have something out there that might work for you! :) Also We focussed on building an easy to use app with seamless transaction …

Hello balladeer! We do understand your concerns. The industry infrastructure needs a lot of upgrade especially the funds industry. Also the payment gateways need to improve a lot. …

Hi Naval.This is an extremely interesting question! Even when we were applying, we didn't think from this angle! :) Why YC made sense to us was because of it's network of super sma…

Do take a look at the charges section in our app. We have something out there that might work for you! :)

Hello! Thanks for taking time to give us a detailed feedback. The pricing for all the services will remain competitive I'm sure. To start off with we made the app simple for people…

Fair point Yumraj! We will definitely do so in future updates of our website. We have been in ultra stealth mode before coming to YC. Till date we have acquired all our customers o…

Thanks a lot Amruta! You are absolutely right. MF industry has reached $300B assets with just under 1% population investing while over $800B sit in bank assets. The penetration is …

https://scripbox.com/pages/disclosures http://economictimes.indiatimes.com/mf/analysis/direct-plans...

Thanks a lot jameshk! Currently there aren't any major roadblocks from a regulatory point of view. Infact the Indian market regulator is bringing forth many forward looking regulat…

True. But commissions are counted in the expenses towards the fund. So basically the NAV of the fund is nothing but the income of the fund minus the expenses. So more the expenses,…

Also our investments can be currently only in Indian Rupees. All these are based on regulations by the Indian Markets regulator 'Securities Exchange Board Of India' or SEBI

Thanks Nikhil! Really appreciate the feedback. Our current target audience are working professionals between the ages of 25-35. A lot of them invest in substandard products and get…

Hello ing33k! Thank you! Account opening is completely online. We need your PAN card, Address Proof, Photograph, Signature on app and a Bank account proof. Since we do the full KYC…

Hey dxbydt! Thanks for showing interest! Non Indians can invest with us if they have an Indian PAN card (Tax number) and an Indian Bank account (NRE/NRO type).

Hello esteer! Thanks for your question. Important Difference. 1. Coin is based on Zerodha's kite platform and requires a demat account for investments. There are multiple disadvant…

Hello n3x10e8! We don't do that as that would limit you to an investment of Rs.50000/ fund house/ year. Plus there is lack of clarity around acceptance of Aadhar based e-KYC based …

Hey Nikant! When you invest Rs.10000 with Scripbox, they take 0.5-1.5% commission on that investment every year as long as 10000 remains invested and to whatever that amount grows …

Thanks for pointing out! :)

Www.piggy.co.in

Hey HN! This is Nikhil here with Ankush and Kunal. We founded Piggy ( https://piggy.co.in/ ), an investment app for Indians. Think of it as a mobile-first Vanguard for India. With …