DBS India launches investment solutions in online platform

The platform is powered by Morningstar.

DBS is launching the investment solution digiPortfolio in its digibanking platform.

digiPortfolio offers two accessible plans to investors for a minimum investment of ₹10,000 (US$122) and ₹50,000 (US$608).

The plans entail portfolio construction, monitoring, and rebalancing services.

The solution is powered by financial services firm Morningstar and will offer investment options that consist of curated mutual funds. The portfolios will be consistently adjusted according to market volatility, and ensure the best possible outcomes, DBS said.

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Maximising the benefits of data, artificial intelligence (AI), and advanced technologies, digiPortfolio will spread various investment options. Domestic equity, debt, and money market instruments will be offered for a diversified portfolio targeted to various risk profiles of investors.

DBS said that digiPortfolio comes with no added charges or sales and transaction fees.

“Investors can invest for as long as they want, choosing what suits them based on their goals, risk preferences, and investment duration.” DBS stated.

(₹1 = US$0.012)