A former porfolio company of SAIF, IL&FS Investsmart offers a comprehensive range of value-added products and services backed by a professional service orientation for retail and corporate customers. The business activities undertaken include (i) Securities Broking; (ii) Investment Advisory; (iii) Distribution of financial products; and (iv) Securities related financing (NBFC). IL&FS Investsmart was acquired by HSBC and is known as HSBC InvestDirect. HSBC InvestDirect is listed on the NSE and BSE.