This blog will introduce you to Cube Wealth's latest investment option, GRIP. Learn all about what GRIP does, the facts & figures related to GRIP, and how you can invest in GRIP using Cube Wealth.
You've invested in Indian stocks, US stocks, and mutual funds but now you want to diversify your portfolio with attractive non-market linked assets.
Great timing because we've got good news for you!
Cube Wealth has partnered with GRIP to bring you the best asset-backed fixed-income investment experience.
What Is GRIP?
Grip’s platform allows investors to co-invest to purchase and lease assets such as vehicles, electronic equipment and furniture to companies.
These physical assets are purchased from Original Equipment Manufacturers (OEMs) and leased to companies that pay a fixed amount of money for a fixed duration of time.
This concept is known as "lease financing". A lease is an agreement where a lessee pays the lessor a fixed amount of money in exchange for the use of physical assets.
GRIP Explained With An Example
Imagine The Beatles co-investing and pooling their resources to buy a giant amplifier. They lease this amplifier to a concert venue that will pay every Beatle a monthly amount in exchange for using the amplifier.
That's lease financing in a nutshell. You get to be a Beatle who co-invests in cars, bikes, machinery, furniture, and more with GRIP and Cube Wealth. You can also consult a
You've invested in Indian stocks, US stocks, and mutual funds but now you want to diversify your portfolio with attractive non-market linked assets.
Great timing because we've got good news for you!
Cube Wealth has partnered with GRIP to bring you the best asset-backed fixed-income investment experience.
What Is GRIP?
Grip’s platform allows investors to co-invest to purchase and lease assets such as vehicles, electronic equipment and furniture to companies.
These physical assets are purchased from Original Equipment Manufacturers (OEMs) and leased to companies that pay a fixed amount of money for a fixed duration of time.
This concept is known as "lease financing". A lease is an agreement where a lessee pays the lessor a fixed amount of money in exchange for the use of physical assets.
GRIP Explained With An Example
Imagine The Beatles co-investing and pooling their resources to buy a giant amplifier. They lease this amplifier to a concert venue that will pay every Beatle a monthly amount in exchange for using the amplifier.
That's lease financing in a nutshell. You get to be a Beatle who co-invests in cars, bikes, machinery, furniture, and more with GRIP and Cube Wealth. You can also consult a Cube Wealth coach or download a Cube Wealth application.
GRIP Facts At A Glance
1. Founder: Nikhil Aggarwal (CEO)
2. Co-Founder: Vivek Gulati (COO)
3. Asset Class: Lease Financing with physical assets
GRIP gives you exposure to non-market linked assets from different sectors that are leased by companies with a solid track record. GRIP selects these partners based on 3 important parameters:
Financial analysis of annual reports from the past 12-18 months
Corporate profile of the company that includes founders, shareholders, and more
Business performance of the company with an eye on asset performance, key contracts, and more
Thus, GRIP ensures that you only lease to companies that are creditworthy and capable of paying the lease amount on time. Furthermore, lease financing is a source of passive income.
You get a fixed monthly income with predictable returns since the lease rental is pre-agreed. Moreover, GRIP has historically outperformed traditional assets like bank fixed deposits, recurring deposits, and savings accounts comfortably.
GRIP on Cube Wealth may be suitable for both regular investors and HNIs alike because of the low minimum investment amount. It can be an ideal source of passive income with fixed returns for those looking to gain financial freedom in India.
Moreover, GRIP's lease financing investment option can also be a useful tool for diversifying your portfolio since it is a non-market linked asset that lets you take part in the growth of India's new-age businesses.
How To Invest In GRIP Using Cube Wealth?
Cube Wealth makes it easy for busy professionals to get access to GRIP. The investing journey is simple so that you can save time and grow wealth. Here's how you can invest in GRIP using Cube Wealth:
Download Cube Wealth
Complete your KYC
Go to 'All investment options'
Select GRIP
Sign the investor's agreement
Tap on invest
You can invest in GRIP using Cube Wealth in two ways:
Systematic Investment Plan
Lump-sum
Cube users can gain a unique benefit - your investment with Cube is split across 10 unique companies (and across assets and sectors) each time you invest in GRIP.
Ans. Yes, NRIs can invest in GRIP on Cube Wealth using an NRO account. Currently, NRE accounts cannot be used to move funds to GRIP due to RBI regulations.
Q. What does it mean to be a co-investor?
Ans. As a co-investor, you'll be a fractional owner of an asset along with other investors. Imagine you and your friends investing in a car that's leased out to Uber.
Q. What are the risks associated with investing in Grip through Cube?
Ans. As with any investment, there are risks involved. The value of your investments can go up or down, and there is no guarantee of returns. Risk tolerance and objectives should be carefully considered when selecting a Grip portfolio.
Q. Is Cube regulated and secure for investing?
Ans. Cube should be subject to financial regulations in your country of residence. To ensure the platform's legitimacy and security, it's essential to verify that Cube is compliant with local financial authorities and employs robust security measures to protect users' investments and data.
Conclusion
Grip, as an investment strategy, is a balanced and diversified approach to managing your financial portfolio. By using Cube, individuals can access professionally managed Grip-style portfolios, which aim to spread risk while offering the potential for returns. Cube simplifies the investment process and can be an attractive option for those looking to invest without needing extensive financial expertise. However, like all investments, there are associated risks, and it's crucial to assess your risk tolerance and financial objectives carefully. Cube, as a platform, should be regulated and secure, ensuring the safety and legitimacy of your investment endeavors.
Here's exclusive footage of the Know Your Asset Session - GRIP that Cube users had access to
on stock picking, poring over excel sheets, financial news, analyzing market trends, tracking the Sensex, researching company fundamentals, comparing mutual funds, reading financial reports, trying to predict the future & losing your sanity!
Thanks For Subscribing!
We'll send you interesting emails about exciting investment options.
Oops! Something went wrong while submitting the form.
A data-backed, personalised MF review—delivered discreetly to your
inbox.
Upload CAS
We’ll email your personalised mutual fund review in a few days—our
experts, who have 40+ years of experience, go beyond quick
algorithms to deliver deep, customised insights.
To get recommendations aligned with your goals, fill out your risk
profile
here.
For any questions, feel free to reach us at wealth@bankoncube.com
