Archive · 3 Sep 2025
New Fintech App Enables Daily Mutual Fund Investments for Gig Workers
Imagine you're a gig worker, like a driver or plumber.
Now, you can start investing in a safe type of fund called a liquid fund, with just ₹100 a day.
A new app called Zeny makes this possible, working with the Open Network for Digital Commerce (ONDC).
They use a system where small amounts are automatically taken from your account, like sachet savings.
This helps people who don't usually invest in the stock market to save regularly and grow their money.
The fund invests in things like bank certificates and company bonds and has returned about 6.6% in the past year.
The goal is to make investing easy for everyone, no matter how much money they earn.
Fintech platform Zeny launches daily mutual fund SIPs for gig workers.
Minimum investment is ₹100 per day via the Aditya Birla Sun Life Liquid Fund.
The platform utilizes the Open Network for Digital Commerce (ONDC).
The app aims to promote 'digital sachet savings' through UPI auto-pay.
Liquid funds offer a moderate-risk investment with returns around 6.6% annually.
- Who
- Zeny, a fintech platform, and gig workers in India.
- What
- A new platform enables gig workers to invest in mutual funds with small, daily contributions.
- When
- The fintech app has just gone live.
- Where
- India.
- Why
- To increase mutual fund penetration among informal workers and promote good financial habits.
- Fintech Platform
- Zeny
- Minimum Investment
- ₹100 per day
- Investment Vehicle
- Aditya Birla Sun Life Liquid Fund
- Platform
- Open Network for Digital Commerce (ONDC)
- Target Demographic
- India's informal workforce (gig workers)
- Fund Performance (Last Year)
- 7.1%