Invest the change

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Do you find it challenging to accumulate enough to save into mutual fund schemes? After all, with all the attractive sale offers on goods, saving money for investments proves to be a challenge, isn’t it?

Why should savings be a challenge when you can save by accumulating ‘chillar’ from your transactions, a la piggy bank system! You don’t even have to get yourself a piggy bank or borrow one from your child. Niyo gives you a digital piggy bank for micro-savings. Interesting? Let’s explore –

Niyo has launched the innovative concept of ‘Invest the Change’ for helping you save small amounts. Under this concept, you can save little amounts and create a small corpus, just like you did with your piggy bank. The corpus can then be invested in mutual fund schemes of your choice for earning returns. Let’s understand –

Invest the Change – the concept

The whole concept of ‘Invest the Change’ is based on micro-investing. The feature is available with Niyo IDFC cards which allows you to save small amounts into mutual fund schemes and avail attractive returns.

How the concept works –

Here’s how the concept of ‘Invest the Change’ actually works –

  • The transactions that you do with your Niyo IDFC card are rounded off to the next hundred

  • The difference of rounding off is accumulated into a corpus

  • Once the accumulated corpus becomes Rs.500, it is invested in a mutual fund scheme which you choose as per your preferred investment tips and risk appetite.


Let’s understand with an example –

Suppose, in a month, you use your Niyo IDFC Card for the following transactions –

Transaction Amount
Electricity bill Rs.950
Restaurant Rs.1020
School fees Rs.1440
Grocery Rs.2120
Fuel Rs.840
Gas bill Rs.820
DTH bill Rs.510

Here’s how the concept of ‘Invest the Change’ would work and round off your purchases –

Transaction Amount Rounded off amount Change amount
Electricity bill Rs.950 Rs.1000 Rs.50
Restaurant Rs.1020 Rs.1100 Rs.80
School fees Rs.1440 Rs.1500 Rs.60
Grocery Rs.2120 Rs.2200 Rs.80
Fuel Rs.840 Rs.900 Rs.60
Gas bill Rs.820 Rs.900 Rs.80
DTH bill Rs.510 Rs.600 Rs.90
Total Rs.7700 Rs.8200 Rs.500

The concept of ‘Invest the Change’ is a beneficial one, especially for small-time investors who don’t find sufficient funds to invest. Some of the main benefits of this concept include the following –

  1. Allowing small-time investors to invest in mutual fund schemes for wealth creation even with their limited savings

  2. A disciplined approach to savings where the accumulation and investment process is automated so that your money is automatically saved with every spend

  3. The investment is simple and convenient allowing even the most passive of investors to enjoy the benefits of mutual fund investing 

  4. The entire concept is digitized through the Niyo application wherein you can switch on or switch off the investment feature at your will and preference

  5. The choice of the mutual fund scheme is in your hands allowing you to choose a scheme depending on your financial goals, investment horizon, asset allocation and risk appetite

  6. You can easily track your spends, the accumulated change and the subsequent investments at your fingertips


The ‘Invest the Change’ concept is both penny and pound wise and allows you to save small amounts in an effective manner to generate inflation-adjusted returns. So, opt for this feature and let your humble investments create wealth for your financial goals.

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