Log on to g-secs with RBI’s Retail Direct
The Hindu
The platform charges no fees for account opening, maintenance or transactions
For long, Indian retail investors seeking regular income haven’t had access to the safest and most reliable option in the market — the government security.
Yes, most of the money you invest in insurance products, pension funds and provident funds, and some of the money you invest in bank deposits and debt mutual funds gets channelled into government debt securities (g-secs).
But this indirect ownership requires you to incur costs charged by these vehicles that eat into your returns. Now, with the government allowing direct retail ownership you can bypass such intermediaries. Here’s a deep dive into RBI’s new Retail Direct platform for buying g-secs.
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