How to gift stocks, ETFs, gold bonds to friends and family online?1 min read 20 Nov 2020, 09:00 AM IST
Gifting stocks was allowed earlier as well, but through the offline mode.
Gifting a financial product can be a great way to introduce your friends and family to investing and capital markets. Zerodha, the largest stock broker in the country, has launched a new facility to allow gifting stocks, exchange traded funds (ETFs), and gold bonds online through their portal. "We all have been in situations where we’ve spent several hours searching for the right gift for an occasion. Choosing a meaningful gift is never easy. One of the things we’ve wanted to do at Zerodha for a long time was to make gifting stocks, mutual funds, and bonds easier, but making the process seamless and online wasn’t possible," says the release by the company.
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