HDFC Sky app details: Fee, Charges, Features for Investing in Mutual Fund SIP, ETF, Indian & US Stocks- Etc.
The HDFC SKY BOT (Robot) – Photo By GPN
MUMBAI, 25 SEPTEMBER, 2023 (GPN): HDFC Securities, which has a one per cent market share in active retail clients, launched its new app called HDFC Sky, the app allows users to invest in Indian Equities, US Securities, Mutual Funds, ETFs, and Fixed Income Instruments. With this app, users can trade in stocks of over 3,500 listed companies and more than 100 Exchange-Traded Funds (ETFs).
Further, the app allows investing in to over 2000 mutual funds across various sectors. For Mutual Fund investors, app allows automated SIPs, quick access to NFOs. The app also enables investors to chalk out their savings strategy while providing in-depth analysis (premium expert opinions) and tracking of one’s portfolio.
For users interested in international equity, the HDFC Sky app allows investing in more than 500 overseas companies, facilitating buying and selling in small quantities with fractional investing.
For stock traders, the app allows trading in futures, options, currencies and commodities. It also allows trading and investing in cash, derivatives, commodities and currencies.
Quick Trades, Portfolio baskets, Smart Dashboards, trading with zero downtime, and user and data security are some of the features promised by this app.
The KART feature on the HDFC Sky app allows traders to place multiple orders in one go. With this, traders can buy or sell a group of stocks simultaneously with just one tap instead of executing each trade individually.
With the launch, the broker will be competing with low-price broking services with a flat pricing of Rs 20 per all intraday trades and delivery. Speaking at the launch, Dhiraj Relli, MD & CHIEF EXECUTIVE OFFICER of HDFC Securities, said that the brokerage firm wants to increase the active derivative traders through the app, specifically targeting tech-savvy, new-age investors.
He further added, “I’m proud to announce the launch of HDFC SKY, a revolutionary trading and investing app that is set to change the way you navigate the financial markets.
HDFC SKY is built on four key principles: discovery, decision-making, execution, and tracking. It provides you with access to a wide range of investment and trading offerings on a single platform, including Indian stocks, ETFs, mutual funds, futures and options, currencies, commodities, IPOs, and global equities.
HDFC SKY is packed with features designed to help you make smarter investment decisions, including:
• Flat pricing of ₹20 for Equity, FnO, Currency, Commodity
• Buy Stock Pay Later with MTF at 12%
• An intuitive UI/UX for seamless navigation
• The ability to compare mutual funds with deeper insights
• Personalized watchlists with tags
• Free in-house research
• Advanced Option chain
• Educational resources via HDFC SKY Learn
Whether you’re a trader or investor, HDFC SKY has something for everyone. The access to features, research and user-friendly interface, makes HDFC SKY a delight to navigate the financial markets.”
He urges one and all to Download HDFC SKY today and experience the future of finance!
Sandeep Bhardwaj, chief operating and digital officer at HDFC Securities, said, “Our latest Fintech offering, HDFC SKY, is built on the key principles of discovery, decision-making, execution, and tracking of investment. It will offer a comprehensive suite of features, including an all-in-one app for various asset classes, free in-house research, a dedicated MTF ecosystem with competitive pricing, an intuitive UI/UX for seamless navigation, personalized watchlists with tags, option chain, educational resources via HDFC SKY Learn, and the ability to compare mutual funds with deeper insights, empowering investors to make smarter decisionsapart from being an all-in-one app for various asset classes, it will provide free in-house research, personalised watchlists with tags, and educational resources. However, the current clients of HDFC Securities will have to shift to HDFC Sky if they wish to use the app.”
He further added, “We are capitalizing on the latest technological advancements to consistently provide products and right solutions for investors through innovative platforms. In our journey forward, we are committed to further enhancing HDFC SKY as the ultimate destination
for Indian investors and traders. Our roadmap is clear: we will continue to refine the user experience,expand investment options, and leverage the power of technology to make investing even more accessible. We’re dedicated to fostering financial empowerment through transparent pricing and
innovative features. Our goal is to ensure that every investor, from novice to expert, finds in HDFC SKY
the tools they need to achieve their financial aspirations. As we move forward, our focus remains
unwavering: client-centricity, innovation, and a technology-driven future.”
Note– HDFC Sky is a new trading and investing app. Users should compare this app’s features and pricing with other popular apps and platforms before using it.Ends
For All Photos of the HDFC SKY launch event – Visit Here
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