Question 4 of 6
What is a key feature of new-age investment platforms for mutual funds?
A
Requirement of extensive paperwork
B
High cost of investment
C
Simplicity of investing and availability of direct plans
D
Limited access to information
Correct Option:
C
Explanation
New-age investment platforms simplify the investment process through digital onboarding, paperless transactions, and easy access to direct mutual fund plans. They also provide convenient access to information, portfolio tracking, and transaction services.
