Dream Sports is piloting a personal money management app called Dream Money, which allows people to invest in gold and fixed deposits, as well asThe move is expected to help the company diversify its offerings, after it halted all paid contests on its flagship fantasy sports platform Dream11 and shifted entirely to free-to-play online social games to comply with India’s new online gaming law.

The law. which received Presidential assent on Friday, prohibits online money games, which are games where a user makes a deposit, directly or indirectly, with the expectation of earning winnings on that deposit.

Dream Money enables people to buy gold or set up a SIP (Systematic Investment Plan) on a daily or monthly basis, starting from Rs 10. It has partnered with digital gold trading platform Augmont for this purpose. Moneycontrol has reviewed the app and its features.

The app also offers fixed deposit investments from Rs 1,000, requiring no bank account, with funds accessible for withdrawal at any time. track their spending, Moneycontrol has learnt.