Investing in mutual funds has been convenient since the advent of technology. You can perform all your transactions with a single click on your smartphone. Now, there are numerous apps available through which you can invest in mutual funds. So, to make your job easier, here is the list of top apps for mutual fund investing:
1. Coin App by Zerodha: This app is considered the best one for the majority of investors. You can invest in direct mutual funds across 40 fund houses. The app is simple to use with the features like a user-friendly interface, a single capital gain statement, different scheme suggestions, tax filing instructions and much more.
2. Groww: This app allows you to invest in mutual funds for free and is very easy to use, with minimal paperwork and no hassles. Groww also allows direct mutual fund investment with zero commissions. They also have an option of direct stock investing in a single app. It has a single dashboard where you can track all of your investments, annual returns, and so on.
3. Paytm Money: It is quickly becoming one of the most trusted platforms in India offering a diverse range of mutual funds tailored to their needs, goals, and risk tolerance. Some of the features of the app are a clean interface, SIP notifications on time, a riskometer available for all schemes, convenient payment options, etc.
4. ETMoney Mutual Fund App: ETMONEY is an initiative of TIMES NETWORK, India’s largest media company, to simplify mutual fund investing in India. This app is an award-winning app with numerous advantages and the best mutual fund app will benefit both novice and experienced investors. The ET Money Genius service creates and recommends the optimal investment plan for you based on your personal profile. As a result, the portfolios offered by Genius are tailored to your objectives, risk tolerance, and time horizons.
5. Kuvera Mutual Fund App: Kuvera is yet another fantastic mutual fund investment app that you can use. It has a distinct and straightforward user interface, and you can set up an account on Kuvera in just a few steps. You can build your financial portfolio, manage joint family accounts, and monitor your investments. They also suggest the top mutual funds as per your financial goals.
Final Words
Each app is unique in its own way so you must evaluate them based on the parameters that are most important to you. Check the app’s history and get to know it better before putting your money at risk and accordingly select the app.
Reference — https://comparebrokeronline.com/
Source - https://medium.com/@deepakcomparebroker/best-mutual-fund-apps-in-india-161bde77e0ca