What happened to Scripbox?

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In August 2019, Scripbox acquired Upwardly, a digital investment and advisory platform with a focus on mutual funds. During the time of the merger, Upwardly had assets under management (AUM) of Rs. 250 crore.

Can I trust Scripbox?

Scripbox is an online distributor of mutual funds. Your money is ultimately going into a mutual fund and will be held by a custodian. Thus in that very basic sense of the term, I have no reason to believe that Scripbox is unsafe. However by no means is your money risk free.

Who owns Scripbox?

Atul Shinghal – Founder

Atul Shinghal – Founder and CEO – scripbox | LinkedIn.

Is Scripbox registered with SEBI?

As per the SEBI regulations we are registered under AMFI. However, we are regulated as per the SEBI’s guidance.

How many customers does Scripbox have?

At present, Scripbox has close to 70,000 active customers who have made average investments of Rs 7 lakh through the instruments offered by the platform. By 2025, the company looks to scale its total user base to 200,000, Shinghal told ET.

Does Scripbox take commission?

We earn a small fee from the mutual fund companies for the additional services we provide to our investors. The amount of commission earned by Scripbox is available on the Disclosures page of our website. We don’t charge any fees to our customers. There are no hidden charges.

Is Scripbox a good investment?

Choose Scrip Box For Mutual Funds
Their service is extremely good. They choose the Mutual funds for You. Investing is very simple. However if you are new to Mutual Funds and do not have a Goal for investment Scrip Box is not for you.

Is Scripbox good Quora?

Yes, it is quite safe. All of these online service providers like Scripbox and Goalwise are safe because ultimately your money is getting invested into mutual funds which will confirm you directly that your transactions have been processed.

Is Scripbox a startup?

On the other hand, founded in 2012 by Atul Shinghal and Sanjiv Singhal, Scripbox is a wealth management startup. It offers services including mutual funds, NPS to fixed deposits.

How does Scripbox earn money?

Does Scripbox offer direct plans?

A Direct plan is what you buy directly from the mutual fund company (usually from their own website), whereas a Regular plan is what you buy through an advisor, broker or distributor (intermediary).

How is Scripbox for investment?

How does Scripbox Smart Transfer Plan work? Scripbox Smart Transfer Plan helps you invest a lump sum while reducing the impact of market volatility. First, the lump sum amount is fully invested into Liquid funds. Then, every month, a certain amount is moved from these Liquid funds into Equity funds.

Which is better Scripbox vs Fundsindia?

Fundsindia recommends one portfolio and it gets executed during the tenure. Scripbox offers a diversified portfolio of mutual fund, which has equity, debt and tax savings. If you do not have time, but want experts to manage your portfolio, scripbox works better for you.

How does Scripbox earn?

Can I buy stocks on Scripbox?

Yes, Scripbox allows NRIs to invest in U.S. stocks via Stockal. They can add funds from their foreign bank account, which does not fall under LRS, directly remit funds from their bank account online and can also transfer money from their foreign bank account to US investing account.

How do I withdraw money from Scripbox?

How to place for a withdrawal request from my Scripbox account?

Log in to your Scripbox account.
Click on “Invest More”
Select the offering from which you wish to withdraw.
Click on “other actions” & select “withdraw”.
Click on “continue with the same Bank”.
Enter the withdrawal amount & click next.

Is it good to invest in Scripbox?

Invest in the best mutual funds recommended by Scripbox that are scientifically and algorithmically selected that best suit your needs.
…
10 Most Popular Mutual Funds in 2022.

Fund Name	Best to Invest in	3 Year Return
SBI Focused Equity Fund Growth	Focused	16.7%
SBI Small Cap Fund Growth	Small Cap	28.5%

How can I earn 1000 rupees per day?

1000 a day if you are willing to put in some effort.
We have also created a list of trustworthy websites where you can find jobs with little to no experience.

Fiverr.
Upwork.
Freelancer.com.
Clickworker.
PeoplePerHour.

How is Scripbox?

Scripbox is a friendly investment service. We help you to invest in the algorithmically selected best mutual funds to grow your money, and meet your life goals. Our customers like our simplicity and our focus on their wealth accumulation.

How do you use a Scripbox?

Please find the steps to invest via Net Banking or UPI id:

Login to your Scripbox account.
Click on Invest more.
Select the category in which you want to invest.
Click on Invest.
Select “every month(SIP)” or “One Time” investment option.
Enter the investment amount & click next.
Select the growth profile & click on next.

Which MF gives highest return?

Best Performing Equity Mutual Funds

Fund Name	3-year Return (%)*	5-year Return (%)*
Tata Digital India Fund Direct-Growth	27.79%	27.61%
ICICI Prudential Technology Direct Plan-Growth	29.85%	26.53%
Aditya Birla Sun Life Digital India Fund Direct-Growth	27.66%	25.63%
SBI Technology Opportunities Fund Direct-Growth	25.80%	24.65%

How can I make 10k in a day?

5 Real Ways To Earn 10,000 in a Day – YouTube

Can I earn 1 crore from stock market?

If you earn salary of 10,000 per month, and manage to save 10% which is ₹ 1000 – then in 32 years you will have 1 crore worth of investment. Do not, you need to increase your SIP amount by 10% every year. If you invest 1000 every month in 2022, then you need to invest 1100 every month in 2023 and so on.

Which SIP gives highest return in 5 years?

Best SIP Plans for 5 Years in Equity Funds

Axis Bluechip Fund Monthly SIP Plan. This is an open-ended equity scheme with a track record of outperformance.
ICICI Prudential Bluechip Fund.
SBI Bluechip Fund.
Mirae Asset Large Cap Fund.
SBI Multicap Fund.