FundsIndia to give a 1 gm gold coin to 5 lucky women

From looking at comments and email exchanges of regular readers, I’ve always had a feeling that the ratio of women to men reading OneMint is higher when compared to other blogs. I don’t have any stats to prove this, and I don’t know if this is just perception or reality, but it certainly did surprise me when I read an older Jago Investor survey that said only 10% of their readers were women.

I bring this up because when I saw a post at FundsIndia which said that they will select 5 lucky women and give them a 1 gram gold coin if they open their Funds India account today, I felt that this will be useful information for readers here.

So, if you are interested in opening an account there, today is a good day. You can click here to find out more about this.

I want to add that if you didn’t want to open an account anyway then just this incentive is not big enough to do so as this will add complexity to your financial life even if it doesn’t cost you anything in terms of money.

Disclosure: FundsIndia is an advertiser here, but they didn’t ask me to write about this thing. 

4 thoughts on “FundsIndia to give a 1 gm gold coin to 5 lucky women”

  1. Paresh,

    Srikanth from FundsIndia here.

    Thanks for the comment.

    To answer your question – it is not. SEBI’s prohibition is specifically for providing cashback incentives from commissions made from investments. We are not soliciting any investments much less promising a cashback from a specific investment that we are asking for. The account opening itself is free (no a/c opening charges) as well. There is no such ‘minimum balance’ requirement or anything as well.



  2. Good to know.
    But isn’t it a open violations of SEBI regulations where mutual fund distributors are supposed not to lure investors by promising gift in any form.

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