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Deciml is an investment app that aims to fundamentally change the way young Indians perceive investing and make their initiation into the investing ecosystem simpler
Pune (Maharashtra) [India], June 20: In spite of growing awareness about investing, popularity of SIPs & ‘Mutual Funds Sahi Hai’ and more over the last 2 decades, the percentage of Indian investors remains abysmally low at 3%. Imagine the impact on that number, if the biggest demographic of the country – the Indian youth – [...]
Pune (Maharashtra) [India], June 20: In spite of growing awareness about investing, popularity of SIPs & ‘Mutual Funds Sahi Hai’ and more over the last 2 decades, the percentage of Indian investors remains abysmally low at 3%. Imagine the impact on that number, if the biggest demographic of the country – the Indian youth – were to have a platform that makes investing more inviting for them.
The hesitation to invest, amongst young Indians, is not to do with a lack of intent. The ball drops at actioning this intent due to multiple reasons, primary of which is the misleading narrative that investment requires a significant amount of money, time, research and efforts.
Deciml is built to address and effectively tackle these issues and bridge the gap between intent and action. The app works on the concept of round-up investing, where spare change from every digital transaction is auto-invested into a fund of the user’s choice.
