Empowering Investors: Grip Invest's Infinite Revolutionizes Reinvestment

Grip Invest has unveiled 'Infinite', a novel reinvestment product aimed at fixing inefficiencies in fixed-income investments, such as bonds and securitised debt instruments. This technology-driven solution automates the reinvestment process, offering investors an opportunity to enhance returns substantially.

Addressing investor challenges, Nikhil Aggarwal, the founder and Group CEO of Grip, elaborated that retail investors often face cumbersome processes in managing interest payouts and reinvestment decisions. Infinite seeks to eliminate this hassle by channeling monthly bond payouts into curated mutual funds through an automatic SIP, potentially boosting returns by up to 30%.

Backed by investors like Venture Highway and Stride Ventures, and with a customer base of over 35,000, Grip Invest is capitalizing on increased interest in bonds. This surge is attributed to regulatory changes by SEBI and recent interest rate adjustments by the RBI.

(With inputs from agencies.)