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InCred Money the retail Wealth-Tech arm of InCred Group announces launch of InCred 1.5x Nifty Accelerator MLD a new innovative MLD on its platform for investors looking to participate in India’s equity story with an added layer of safety This marks the company's second MLD offering after the successful launch of its first in August 2023.

The InCred 1.5x Nifty Accelerator MLD (hereafter referred to as 1.5x Nifty MLD) is issued by InCredFinancial Services Limited (IFSL), a leading new age financia services company. InCred attained theUnicorn’ status in December 2023. IFSL has recorded a PBT of INR 298 Cr for theperiod Apr-Dec 2023.

The Issue will Open Date: 7th Feb’24 and will Close on 29th Feb’24. The 1.5x Nifty MLD provides a return equivalent to 1.5 times (150%) of the Nifty 50 Index returns,capped at a maximum of 33% total returns at Maturity in Apr’26(~26 months) *. In addition, the MLD offers 100% Principal Protection at Maturity that serves as a safeguard against unforeseen risks and ensuring investors' initial investment remains secure. The product has a credit rating of Crisil PP-MLD A+ with‘Stable’Outlook. With a resilient domestic economy, India shines bright on the global stage, and is rightly seeinginvestor enthusiasm. This presents a favourable opportunity to participate in India’s equity marketsandMLDs offer a remarkablyrisk-efficient way to do this.

Commenting on the launch of the MLD, Vijay Kuppa, CEO at InCred Money said, “Indian EquityMarkets are near All Time Highs and investor interest is still very strong. This is the time when oneneeds to evaluate their portfolio from a riskreturn perspective. With 100% Principal Protection on the downside and 1.5 times of Nifty 50 returns on theupside at Maturity, the MLD will help you stayinvested in the stock market with confidence. The ‘Anytime Liquidity’# feature on the InCred Moneyplatform also offers the flexibility and convenience when managing your investments.”

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