JM Financial floats digital investment platform for corporate bonds

Aims to create an ecosystem whereby retail investors can easily participate in the securities market that has so far been dominated by institutional investors

JM Financial group has floated digital investment platform for bonds called Bondskart.com, to enhance the participation of retail investors in the corporate securities market. The move comes close on the heels of Reserve Bank of India’s Retail Direct Scheme that seeks to widen the investor base for g-secs.

The platform aims to create an ecosystem whereby retail investors can easily participate in the securities market, which has so far been dominated by institutional investors.

Ajay Manglunia, Managing Director & head institutional fixed income, JM Financial, said the prospective investor would have fixed income investment options across rating categories,