Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultDate
    No Records Found
    ❯❯
    MaximizeMaximizeMaximize
    0 / 200
    Expand Note
    Add to Folder

    No Folders have been created

      +

      Are you sure you want to delete "My most important" ?

      NOTE:

      News
      Showing Results for :
      Reset Filters
      Results Found:
      AI TextQuick Glance by AIHeadnote
      Show All SummariesHide All Summaries
      No Records Found

      News

      Back

      All News

      Showing Results for :
      Reset Filters
      Showing
      Records
      ExpandCollapse
        No Records Found

        News

        Back

        All News

        whatsappJoin Channel
        Showing Results for : Reset Filters
        Case ID :
        Corp. Laws / SEBI / IBC

        Enrich Money Becomes India's First Stock Broker to Launch Rs. 10 SIP's on ONDC - Enabled ORCA App

        September 8, 2025

        📋
        Contents
        Note

        Note

        -

        Bookmark

        print

        Print

        Login to TaxTMI
        Verification Pending

        The Email Id has not been verified. Click on the link we have sent on

        Didn't receive the mail? Resend Mail

        Don't have an account? Register Here

        Unlike other platforms that limit Rs. 10 SIPs to their own funds, Enrich Money lets you start investing with just Rs. 10 across multiple Mutual Fund AMC’s via ONDC integration Bengaluru, Karnataka, India (NewsVoir) Enrich Money, a SEBI-registered online trading and wealth-tech platform, has become the first distributor in India to launch mutual fund SIPs starting at just Rs. 10 on its ORCA App. Powered by the Open Network for Digital Commerce (ONDC), this pioneering initiative brings mutual fund investing within reach of millions, especially in Tier-2/Tier-3 cities and among first-time investors.

        The ONDC Network aims to reshape mutual fund distribution by enabling seamless connectivity between Asset Management Companies (AMCs) and mutual fund distributors. ONDC Integration ensures seamless, secure, and cost-effective access to mutual funds across platforms, aligning with SEBI’s standards for transparency, interoperability and investor convenience.

        Inspired by UPI’s mass adoption, Enrich Money’s entry into mutual funds prioritises accessibility, ease of use, and ultra-low entry barriers to democratise investing for every Indian. A Rs. 10 minimum SIP opens the doors for wider participation from college students and gig-economy workers to rural households. With 100% digital onboarding through Aadhaar and PAN, investors can get started in just five minutes, without paperwork.

        Enrich Money aims to onboard over one million new mutual fund investors in the next 12 months, with the majority expected from Tier-2 and Tier-3 cities.

        “We may have entered late, but we’re doing so with a fully integrated, modern stack built for accessibility, control, and transparency. Unlike other platforms that limit Rs. 10 SIP’s to their own funds, Enrich Money lets you start investing with just Rs. 10 across multiple AMC’s via ONDC integration,” said Ponmudi R, CEO, Enrich Money. “Our vision is to make investing as simple and universal as sending money via UPI so that every Indian, regardless of income or location, can start building wealth. With a simple UPI mandate, investors can start small and gradually build the habit of saving and investing, even if they are first-timers from smaller towns. SIPs can be paused, skipped, or changed anytime, making them flexible enough to suit pocket money, daily wages, or small-business cash flows,” he added.

        The ORCA platform has already integrated 16 leading AMCs, offering around 745 mutual fund schemes across categories including Equity, Debt, Hybrid, Index, Thematic, Sectoral, Multi-cap, Flexi-cap, ELSS, Funds of Funds, Commodity, and Solution-oriented funds (Children & Retirement). Investors can choose funds that best align with their risk–return profiles and life goals. Enrich Money also plans to add 30+ more AMCs to ORCA Mobile and Web platforms in the coming months.

        One App, Many Assets The ORCA App provides a single gateway to multiple asset classes, including Mutual Funds (ONDC-enabled, regular plans), Stocks, ETFs, Bonds, IPOs, Commodities, Currency Derivatives, and Equity & Equity derivatives.

        Users also get free research tools such as screeners (sector, corporate actions, news), index dashboards, open interest/PCR data, and options analytics with Greeks and payoff graphs.

        Trust & Transparency As a SEBI-registered broker sourcing data directly from exchanges, Enrich Money ensures regulatory compliance, transparency, and real-time accuracy. It also runs financial literacy programmes to help new investors build confidence in the markets.

        With its first-of-its-kind Rs. 10 SIP offering, combined with multi-asset access, Enrich Money is positioning ORCA as a one-stop wealth-building destination for India’s next wave of retail investors.

        About Enrich Money Enrich Money is a SEBI-registered wealth-tech platform dedicated to simplifying investing and trading. The ORCA App combines low-cost access, advanced analytics, and seamless execution to empower retail investors across India. With Rs. 10 SIPs and ONDC-enabled access, Enrich Money is redefining wealth creation by fostering disciplined investment habits for India’s next generation of investors.

        For more information, visit www.enrichmoney.in.

        (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR PWR

        Mutual fund accessibility expanded as low entry SIPs via ONDC enable multi AMC investing and digital onboarding. Enrich Money has launched Rs. 10 SIPs on the ORCA app via ONDC integration, enabling small ticket SIPs across multiple AMCs rather than a single platform's funds. The product offers 100% digital onboarding with Aadhaar and PAN, a simple UPI mandate, and flexible SIP management (pause, skip, change). ORCA currently integrates 16 AMCs across various mutual fund categories, functions as a multi asset platform, and operates as a SEBI registered broker emphasising compliance, transparency, and investor education.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Mutual fund accessibility expanded as low entry SIPs via ONDC enable multi AMC investing and digital onboarding.

                                Enrich Money has launched Rs. 10 SIPs on the ORCA app via ONDC integration, enabling small ticket SIPs across multiple AMCs rather than a single platform's funds. The product offers 100% digital onboarding with Aadhaar and PAN, a simple UPI mandate, and flexible SIP management (pause, skip, change). ORCA currently integrates 16 AMCs across various mutual fund categories, functions as a multi asset platform, and operates as a SEBI registered broker emphasising compliance, transparency, and investor education.





                                Note: It is a system-generated summary and is for quick reference only.

                                Topics

                                ActsIncome Tax
                                No Records Found