PhonePe launches mini investment plan

Hyderabad: PhonePe Wealth Broking Private Ltd (PhonePe Wealth) announced the launch of its Daily SIP (Systematic Investment Plan) feature in mutual funds, making it possible for users to invest as little as Rs 10 per day directly through the PhonePe app. A statement from the company said, “This will empower potential investors to convert their daily savings into investments effortlessly and enable more Indians to build wealth over time.”