The digital investing platform SmartWealth has been launched by HDFC Bank

Current Context: HDFC Bank’s SmartWealth is an all-in-one digital investment platform that makes investing as easy as ordering a pizza . With SmartWealth, you can invest in mutual funds, bank deposits, stocks, and bonds for potentially superior returns without any hassle.

• Here are some key features:
• Seamless Onboarding: You can explore the app features pre-login without registration, making it easy to start investing right away.
• Investment Profiling: Determine your investment profile (asset classes and investment style) through a simple questionnaire.
• Portfolio Construction and Rebalancing: Customized portfolios aligned with your financial goals, along with rebalancing recommendations.
• Milestone-Based Financial Planning: Visualize and aspire for life milestones while investing.
• Engaging Dashboard: Get a holistic view of your investments, family wealth, SIP calendar, and more.
• Consolidated Account Statements: View all your investments in one place with automated statements.
• Virtual RM (Relationship Manager): Personalized assistance and real-time support.

Question:

1 What does HDFC Bank SmartWealth allow you to invest in?

• A) Mutual funds only
• B) Mutual funds, bank deposits, and stocks
• C) Mutual funds, bank deposits, stocks, and bonds
• D) Real estate and commodities

Answer: C) With SmartWealth, you can invest in mutual funds, bank deposits, stocks, and bonds for potentially superior returns without any hassle.