An asset-backed security (ABS) is a financial investment that is collateralized by an underlying pool of assets—usually ones that generate a cash flow from debt, such as loans, leases, credit card balances, or receivables.They are exchanged in the form of a bond or note, paying income at a fixed rate for a period until maturity.
Investments in securities are subject to market risks. Read all the related documents or product details carefully before investing. Wealth Technology & Services Private Limited ("WealthDesk") is a 100% subsidiary of PhonePe Wealth Broking Pvt Ltd. Investments in WealthBaskets are subject to the Terms of Service. https://share.market/terms-conditions
WealthDesk is a platform that lets you invest in systematic, modern investment products called WealthBasket.
