Women are masters at saving money! They always keep some money aside for a rainy day in atte ka dabba (flour box), under pillowcases, in a tiffin box, under the sarees/clothes, etc. 

But is your money growing staying in there?

No! Right? So, Let’s give money a chance to grow ?

Try LXME Gulluck!

What is LXME Gulluck?

LXME GULLUCK is a first-of-its-kind Digital Piggy Bank for Women product that enables women to become the Smart Savers of tomorrow.  Designed with the utmost focus on ease and accessibility, this product provides the perfect solution for women.

As per LXME’s Women & Money Report 2022, it was found that 65% of women in India save their money in a Saving Bank Account and over 35% of women keep it at home for emergencies. Only a mere 16% invested it in financial instruments

With the findings, it became evident that women prefer to keep their money in locations that offer easy accessibility at all times. So, here is LXME with Gulluck!

Features of LXME Gulluck:

  • LXME Gulluck consists of a well-researched Liquid Mutual Fund
  • Liquid mutual funds invest mainly in highly liquid debt securities of very short tenure and hence provide high liquidity.
  • It’s a low-risk fund as it invests money in high-quality debt securities
  • It is best suited to making Smart Savings
  • Targeted Rate of Return: 5%*p.a.
  • Curated by experts!

Benefits of LXME Gulluck:

  • Same liquidity as a Savings Bank Account
  • Quick investment, quick withdrawal
  • 2 modes of investments: SIP & Lump sum
  • Start investing with just Rs.100
  • No minimum balance requirement

What is the withdrawal limit?

You can instantly withdraw up to ₹50,000 or 90% of the fund value, whichever is lower.

Which goals can you plan through LXME Gulluck?

– Emergency Fund

– Vacation

– Upcoming birthday/anniversary party

– Passion Project 

– You can plan and invest for many other short-term goals where you need liquidity.

What kind of money can you invest in LXME Gulluck?

You can invest the you money receive in the form of bonus, appraisal, windfall gain, surplus cash, cash received on weddings, cash received on birthdays or festivals, etc.

So, let’s move our money saved from silly places to LXME Gulluck and let our money grow!

Start investing your savings in LXME Gulluck by checking out INVEST tab on the LXME app.

To start your investments with LXME. you can open your FREE LXME Account and also discount vouchers up to Rs.10,000.

Save Smartly!

Savings Mein, Don’t be Silly!

*Mutual fund investments are subject to market risks, read all scheme-related documents carefully before investing. 

Share this blog with your family and friends if you find it insightful!!

Download the LXME app for more such content!

other blogs

Uncategorized June 23, 2023

Retirement planning: how to plan for a retirement

Welcome to a comprehensive guide about Crafting Your Path to a Successful Retirement. where we delve into the realm of retirement planning and unveil the secrets to a prosperous and fulfilling retirement. In this guide, we’ll explore the thrilling world of retirement investing and how you can embark on this journey with LXME. So, let’s Retirement planning: how to plan for a retirement

By lxmi@admin
Uncategorized May 19, 2023

Nomination for Mutual Funds – A Beginner’s Guide for Women

Tina – You know, I’ve been thinking about my investments lately. I read on the LXME app that the last date of the Nomination of Mutual funds has been extended till 30th September 2023. I realized I never added any nominees to my old mutual fund investments. Do you know why it’s necessary to appoint Nomination for Mutual Funds – A Beginner’s Guide for Women

By Team LXME
Uncategorized January 25, 2023

Debt Mutual Fund Vs. Fixed Deposit: Where you should invest?

Traditionally, we have been investing in Fixed Deposit (FD) as it is considered the safest mode of investment offered by banks. Earlier generation used to rely more on FDs as they use to deliver fixed interest over a period of time.  Now, is it time to change or shift towards a smarter investment option? Absolutely Debt Mutual Fund Vs. Fixed Deposit: Where you should invest?

By Team LXME