The finance industry is growing as people are showing their interest in money management by investing in various platforms like mutual funds, stocks, gold, and in various government schemes. Through financial awareness, we can take care of and protect our hard-earned money from unfortunate events. We can easily manage our money with the gain of high interest. By investing we become more money conscious as we spent each and every cent carefully and invest likely. Understanding the investment correctly and by taking the right decision on investment makes our money game on a whole different level. I’ve put together a list of the best mutual fund apps for you. As I’ve restricted to the 5 Best mutual fund apps that have fared well in my review process.
Here is the list of Best Mutual Funds Apps
Groww is the best app to use if you are at the beginning of your mutual fund investment it has a very user-friendly interaction. For proper insights, this app provides you a huge database of informational and learning videos and blogs related to mutual funds. This mutual fund provides zero-commission in investment and also provides an option to switch the regular investment funds to direct completely free investment funds. It also gives us the opportunities to buy or redeem multiple mutual funds and create a new SIP. A wallet system is provided by the application which gives an option to add funds and withdraw without signing the bank’s website. It is simple to use because it is free of cost and gives chance to complete minimum paperwork and no hassles.
Times Network mention it is India’s one of the best platform when it comes to mutual fund investments. Associated with a big brand of Economic times, this Mutual Fund app is a one-stop destination for all things investment which helps to track & manage expenses using expense manager, Invest in Mutual Funds through SIP or Lumpsum. The platform comes with a fully automated framework. The best thing about the ETMONEY app is that even if you are at the early stage of investing in Mutual Funds, you can have great insights about your investments from the application itself. It offers personal finance strategies dedicatedly created considering your financial goals and obligations. ET Money is backed by a strong team.
One of the most trusted platforms in India Paytm Money, offered by the Paytm group. Paytm Money provides up to 1% higher returns by investing in Direct Plans of Mutual Fund Schemes with no commissions or any charges on buying and selling of direct mutual fund plans. Not only that, but you get access to several investment ideas from where you can choose the one that suits your portfolio. The buying and selling of mutual funds are absolutely free with PayTM Money. Hence, you don’t need to worry about any hidden charges.
MyCams is the single gateway to invest in multiple mutual funds schemes. MyCams app allows you quicker, simpler, and smarter methods to invest in top-performing mutual fund schemes. MyCams offers a variety of innovations such as view and manages your mutual fund portfolio, purchase, redeem, switch, generate SIP. This app also helps in scheduling the transaction option which allows investors to set up future Mutual Fund transactions. MyCams is reliable, and it does not hold your account or personal details. The app facilitates faster, easier and smarter ways to transact in the direct funds. Recognized as the Best Financial App Award at GMASA.
CashRich is India’s first mutual fund app that offers the ‘Dynamic SIP’ option and helps to generate better returns than normal SIPs. CashRich has apps dedicated to Android and iOS users. The account opening procedure takes less than half an hour since the KYC verification process is completely paperless. The application offers easy and simple investment options personalized as per your financial goals. Lifetime free account, no account opening charges, transaction charges, or maintenance charges to pay.