Looking for a passive income source? Read this blog to know all about Asset Leasing by Grip, a new alternative investment option on the Cube Wealth app that generates monthly income and yields 12% IRR (post-tax).
November 8, 2024
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Asset Leasing By Grip is an alternative investment option on the Cube Wealth app that lets you invest in non-market linked instruments to generate recurring monthly income.
We’ll walk you through all the details about this investment option and help you understand if it is ideal for you, along with how you can get started with GRIP on Cube Wealth.
What Is Asset Leasing By GRIP?
Asset leasing by GRIP allows you to co-invest in physical assets like electronics, furniture, bikes, and batteries that are leased to corporates with a strong balance sheet and business fundamentals.
The terms of the lease are pre-agreed which leads to monthly recurring payments. GRIP has been generating 12% IRR post-tax. That’s better than most traditional investment options like fixed deposits.
Who Is It Ideal For?
Asset Leasing by Gripis is ideal for investors who want to generate a fixed monthly passive income stream by diversifying their portfolio with a non-market linked asset.
It is advisable to take the risk quiz on the Cube Wealth app to know if you should invest in GRIP as it falls under the medium risk category of investments.
4. Co-invest in physical assets like cars, furniture, etc.
GRIP Highlight: It's like receiving rent. You earn fixed returns on a monthly basis. The returns are post-tax. You don’t have to worry about calculating capital gains.
Unique Cube Benefit: Cube users get the added benefit of their investment being split across 10 companies from different sectors and assets every time they invest in GRIP on Cube Wealth.
How To Invest In GRIP With Cube?
You can invest in GRIP using the Cube Wealth app in 5 simple steps:
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!
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