HDFC SKY, one of India’s premier discount broking platforms is excited to announce the launch of its groundbreaking Youth Plan, specifically designed to empower the next generation and millennials. This unique initiative aims to equip young individuals with the essential tools, knowledge, opportunities, and resources necessary for navigating the financial markets with higher knowledge and conviction.
In response to this launch, Sandiip Bhardwaj, COO & CDO of HDFC Securities, remarked, “Our younger investors, especially those aged 18 to 25, represent a dynamic and transformative segment of India's demographic landscape. While the appeal of online tips and the promise of instant success can be enticing, it is crucial for them to place their trust in reliable research.”
“Navigating the complexities of the stock market requires a comprehensive understanding of market trends, effective risk management, and various strategies. These competencies are best developed through education. Relying on tips can result in misinformed decisions and potentially significant financial setbacks. We strongly encourage our youth to leverage the research recommendations available on
HDFC SKY and to enhance their financial knowledge and skills through our learning module, SKY Learn," he emphasized.
The newly launched Youth Plan, designed for customers under the age of 25, offers an exceptional opportunity for young investors. With no brokerage or account maintenance charges across various segments including equity, derivatives, mutual funds, exchange traded funds, currency, and commodities, this plan enables young investors to engage in both delivery and intraday trading without incurring extra costs during its first year. Customers can unlock all the features of the Youth Plan for a nominal fee of just Rs. 499 per year.
In addition to the core offerings, users will benefit from exclusive guidance tailored specifically for the youth, provided by our in-house experts. This guidance will include a practical, actionable journey, featuring expert research recommendations to help young and new investors successfully navigate the markets.
As part of our SKY Learn initiative aimed at expanding financial knowledge and skills, HDFC SKY has released a large amount of informative content across formats which will engage with the youth. The content covers a diverse range of topics, including
ETFs, MTFs, Derivatives, Stock SIPs, IPOs, Mutual Funds, and more. Additionally, users will benefit from exclusive webinars, instructional videos, valuable learning tools, and complimentary access to expert forums, all at no additional cost. HDFC SKY is committed to providing its users with the resources they need to expand their financial knowledge and confidence.
Key Features of the HDFC SKY’s Youth Plan:
