Grip Invest: A Comprehensive Review Of The Platform's Features

Grip Invest
Grip Invest
Published on
Jan 24, 2024
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    Grip-Invest-Platform-Overview

    Imagine playing cricket without a firm grip on the bat – chances are you will miss out on some winning shots. Investing is somewhat similar; it is about gaining a strong hold on your portfolio to reach your financial goals. This is where Grip Invest comes in, offering innovative, non-market linked, high-yield, and easily accessible fixed-income options for investors.

    Read more on Grip Invest's latest news!1

    What exactly does Grip Invest do, and what sets it apart? This blog will answer these questions! 

    Grip Invest At A Glance

    What Makes Grip Invest Different? 

    1. Regulations First, Innovation Follows

    Grip Invest places compliance and regulations at the forefront. We view regulations not as obstacles but as guides to innovate something better. Grip Invest is a SEBI-regulated OBPP (online bond platform provider) for fixed-income investing. These regulations were introduced by SEBI in 2022 to provide retail investors access to fixed-income options like bonds and securitised debt instruments (SDIs). 

    Hence, all the investment products offered by Grip Invest are SEBI-regulated, listed and credit-rated as investment grade. 

    2. Invest In Bonds And SDI Directly Via Stock Exchange

    On October 5, 2023, Grip Invest became the first OBPP to integrate with NSE to provide investments in fixed-income securities via SEBI’s RFQ system2. This enables users to buy corporate bonds and SDIs directly through the exchange, offering the same security and convenience as buying stocks.

    Benefits Of RFQ At Grip Invest
    • Better Credibility And Transparency: Every investment made on Grip Invest is directly facilitated on the stock exchange. 
    • More Transaction Security: Investors transfer funds directly to the exchange via a payment gateway offering greater security
    • Less Settlement Time: The time taken to reflect purchased securities in your demat account is just one day. 
    • More Payment Options: Choose from 3 modes of payment to purchase securities: UPI, Net Banking, and NEFT/RTGS.

    3. Making Investing Affordable And Accessible For All 

    Your financial future should not require a heavy wallet. It should be accessible to everyone. 

    Grip Invest has a mission to democratise wealth creation via SEBI-regulated investments. Investments at Grip start from just INR 1,000 and go up to INR 2,00,000. Investment options once exclusive to a select few High Net Worth Individuals (HNIs) or institutional investors are now accessible to the broader mass of investors. 

    4. Fixed Income Investing Made Easy Via User-Friendly Platform

    Investing should not feel like a puzzle. Grip Invest is committed to making alternative investing simple and seamless by continuously improving the user experience. But how are they doing it? Through its easy-to-navigate, tech-enabled, user-friendly investment platform. 

    Grip Invest aims to make the platform as transparent as possible to help everyone make an informed decision. 

    One Platform, Five New-Age Fixed-Income Products

    Corporate bonds and securitised debt instruments or SDIs (LoanX, BondX, InvoiceX, and LeaseX) take centre stage at Grip Invest. Each offering has its pros and cons. Consider it a one-stop shop for new-age alternative fixed-income investments. 

    Most platforms are limited to bonds, while Grip Invest tries to bring products across different minimum investments, sectors, ratings, tenures, ideas, etc. The primary reason for this is to encourage investment diversification. 

    Conclusion 

    With such USPs and recent funding, Grip Invest looks forward to revolutionising the high-yielding fixed-income space. In future, they plan to keep diversifying their product portfolio and strengthen their tech platform for enhanced user experience. 

    Want to join the bandwagon of new-age investing? Explore Grip Invest today to access regulated, listed, and rated investment avenues. Grip Invest encourages you to conduct your own financial platform evaluation and make well-informed decisions before investing.

    Frequently Asked Questions On Grip Invest

    1. How does the request for quote mechanism work on Grip Invest?

    With RFQ integration, your orders get placed and executed through the exchange, enhancing security. You can easily manage your orders and get an investment account overview through their simple dashboard. 

    The flow of order looks like the image below. 

    Request For Quote Mechanism On Grip Invest

    Learn how RFQ makes investing in debt instruments like bonds and SDIs convenient.

    2. What steps are involved for a new user to do KYC at Grip Invest? 

    Completing KYC on Grip is an easy 4-step process. You need to fill in the following details:

    • Identity Information 
    • Financial Information 
    • Other Information
    • Nominee Details

    Once completed, you can e-sign the documents through an Aadhar-based OTP system. Learn about each step in detail by reading here.


    References:

    1. Inc42 <https://inc42.com/buzz/grip-invest-10-mn-diversify-product-portfolio-strengthen-api-stack/>
    2. Securities and Exchange Board of India (SEBI) <https://www.sebi.gov.in/legal/circulars/oct-2022/request-for-quote-rfq-platform-for-trade-execution-and-settlement-of-trades-in-listed-non-convertible-securities-securitised-debt-instruments-municipal-debt-securities-and-commercial-paper_64215.html>

    Want to stay at the top of your finances? 

    Join the community of 2.5 lakh+ investors and learn more about Grip Invest, the latest financial knick-knacks and shenanigans that take place in the world of investing.

    Happy Investing!


    Disclaimer - Investments in debt securities/municipal debt securities/securitised debt instruments are subject to risks including delay and/ or default in payment. Read all the offer related documents carefully. The investor is requested to take into consideration all the risk factors before the commencement of trading.
    This communication is prepared by Grip Broking Private Limited (bearing SEBI Registration No. INZ000312836 and NSE ID 90319) and/or its affiliate/ group company(ies) (together referred to as “Grip”) and the contents of this disclaimer are applicable to this document and any and all written or oral communication(s) made by Grip or its directors, employees, associates, representatives and agents. This communication does not constitute advice relating to investing or otherwise dealing in securities and is not an offer or solicitation for the purchase or sale of any securities. Grip does not guarantee or assure any return on investments and accepts no liability for consequences of any actions taken based on the information provided. For more details, please visit www.gripinvest.in

    Registered Address - 106, II F, New Asiatic Building, H Block, Connaught Place, New Delhi 110001  

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