PhonePe launches Super Funds to help users in long-term wealth creation

The Super Fund identifies and invests in top funds across various categories and asset management companies

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As an investor, users need to decide the right Fund for them

Peerzada Abrar Bengaluru

2 min read Last Updated : May 04 2020 | 7:29 PM IST

Walmart-owned digital payments firm PhonePe said it has launched Super Funds, which will help investors identifying top equity, gold and debt funds of mutual fund companies. PhonePe has partnered with Aditya Birla Sun Life Mutual Fund (ABSLMF), one of the leading investment managers in India to launch this product.

The Super Fund identifies and invests in top funds across various categories and asset management companies (AMCs). It also allows users flexibility to choose between the three options – aggressive, moderate and conservative - based on the user’s investment style and risk comfort.

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Topics : PhonePe Investments in India Walmart in India Debt Funds private equity funds

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