Rupee depreciation, and mark-to-market losses are risk factors, caution wealth managers
The lack of tax incentive is a clear disadvantage of the RBI initiative
Experts say incentives can allure retail investors and fintech companies to the scheme
PM Modi also launched the RBI Retail Direct Scheme-- a free-of-cost platform for buying and selling of govt securities
The statement said that it offers retail investors a new avenue for directly investing in the securities issued by the centre and the state government