5 Best Mutual Funds Apps in India for making investments in 2023 - India's Best
Invet in Mutual Fund Best Platforms

If you want to be financially secure in life, investing in mutual funds is the way to go. However, investing any amount of money requires the right app, and with so many apps available, users may find it difficult to choose the finest app to invest in mutual funds in india.

Mutual funds offer a wide range of benefits to investors, and as a result, many people are changing toward this investment via various ways and mutual funds apps.

You can manage your risk by diversifying your investments using mutual funds. This also provides tax benefits. Furthermore, funds are managed by specialists who have extensive understanding of how the market works, and these professionals ensure that your invested money will generate impressive returns.

You can invest in mutual funds through a variety of methods. The most popular of all time is the Systematic Investment Plan, often known as SIP. Every mutual fund includes two types: direct and regular. Furthermore, the fundamental distinction between the two is the distribution commission.

Because mutual fund investment is fairly affordable, with people able to begin investing with as low as INR 500, the best mutual funds app in India should reflect the same degree of affordability. This may be accomplished by giving a diverse range of mutual fund plans to investors, who can then choose where to invest.

So, let us look at the best mutual funds app in India for investing in mutual funds.

1. Groww

Groww is the app for you if you're just getting started with mutual fund investing. Mutual fund buying and sales are completely free, with no hidden charges or brokerage fees. It provides direct mutual fund investment with no commissions and no account opening fees.

The app is simple to use and requires no paperwork or complications. The app includes a dashboard where you can track all of your investments, annualised returns, and total returns. The account opening process is extremely simple, takes less than 30 minutes to finish.

2. Coin by Zerodha

Zerodha is a well-known investment platform and the most user-friendly app for investing in mutual funds. Moreover, the platform has a Coin application that is fully compatible if you already have a Zerodha account. So, log in to your app account, and that's all there is to it. You're ready to go.

The Coin by Zerodha app allows customers to invest in roughly 40 fund houses' mutual fund schemes without paying any fee. The top mutual fund app in India has a significant client base, which explains why it is regarded as one of the best mutual fund apps in India.

3. Paytm Money

Paytm Money Mutual Funds is another popular mutual fund app in India. Paytm Money allows users to obtain 1% better returns by investing in direct mutual funds through it. Furthermore, the app does not charge any fees for buying and selling mutual funds, therefore investing in mutual funds is free of charge.

Paytm Money is supported by a completely paperless KYC verification procedure, which speeds up and simplifies the account opening process significantly. The app makes it easy to keep track of your mutual fund holdings. Through the app, investors may also invest in several types of mutual funds such as liquid funds, ELSS funds, equity funds, and others.

4. Kuvera

Kuvera provides resources that make investing in mutual funds easier for beginners. Its one-stop tracking dashboard allows you to keep track of the performance of direct mutual fund investments made using the app. There is a feature that allows you to manage joint investments through family accounts. Surprisingly, the app's key feature is the ability to make goal-based investments.

The platform helps you create life objectives and proposes schemes based on your investments and existing portfolio. Aside from mutual funds, you can also use the app to invest in the stock market and gold. Tax harvesting, reporting, and TradeSmart are also included in the app. One can simply track investment performance using a one-stop tracking dashboard.

5. ETMoney

ETMONEY is another excellent platform for investing in mutual funds directly. This Times Group app provides great insights into your assets, especially for those who are just starting out with mutual funds.

The app is simple to use and comes with a fully automated network. It provides a one-stop shop for everything. It helps in the tracking and management of spending through the use of an expense manager. Not only that, but it also allows for SIP or lump sum investments and helps reduce tax on SIPs in ELSS mutual funds. It recommends investing ideas based on the user's financial objectives. It also allows access to a variety of financial services, such as buying insurance policies and obtaining quick loans.

5 Best Mutual Funds Apps in India for making investments in 2023

Invet in Mutual Fund Best Platforms

If you want to be financially secure in life, investing in mutual funds is the way to go. However, investing any amount of money requires the right app, and with so many apps available, users may find it difficult to choose the finest app to invest in mutual funds in india.

Mutual funds offer a wide range of benefits to investors, and as a result, many people are changing toward this investment via various ways and mutual funds apps.

You can manage your risk by diversifying your investments using mutual funds. This also provides tax benefits. Furthermore, funds are managed by specialists who have extensive understanding of how the market works, and these professionals ensure that your invested money will generate impressive returns.

You can invest in mutual funds through a variety of methods. The most popular of all time is the Systematic Investment Plan, often known as SIP. Every mutual fund includes two types: direct and regular. Furthermore, the fundamental distinction between the two is the distribution commission.

Because mutual fund investment is fairly affordable, with people able to begin investing with as low as INR 500, the best mutual funds app in India should reflect the same degree of affordability. This may be accomplished by giving a diverse range of mutual fund plans to investors, who can then choose where to invest.

So, let us look at the best mutual funds app in India for investing in mutual funds.

1. Groww

Groww is the app for you if you're just getting started with mutual fund investing. Mutual fund buying and sales are completely free, with no hidden charges or brokerage fees. It provides direct mutual fund investment with no commissions and no account opening fees.

The app is simple to use and requires no paperwork or complications. The app includes a dashboard where you can track all of your investments, annualised returns, and total returns. The account opening process is extremely simple, takes less than 30 minutes to finish.

2. Coin by Zerodha

Zerodha is a well-known investment platform and the most user-friendly app for investing in mutual funds. Moreover, the platform has a Coin application that is fully compatible if you already have a Zerodha account. So, log in to your app account, and that's all there is to it. You're ready to go.

The Coin by Zerodha app allows customers to invest in roughly 40 fund houses' mutual fund schemes without paying any fee. The top mutual fund app in India has a significant client base, which explains why it is regarded as one of the best mutual fund apps in India.

3. Paytm Money

Paytm Money Mutual Funds is another popular mutual fund app in India. Paytm Money allows users to obtain 1% better returns by investing in direct mutual funds through it. Furthermore, the app does not charge any fees for buying and selling mutual funds, therefore investing in mutual funds is free of charge.

Paytm Money is supported by a completely paperless KYC verification procedure, which speeds up and simplifies the account opening process significantly. The app makes it easy to keep track of your mutual fund holdings. Through the app, investors may also invest in several types of mutual funds such as liquid funds, ELSS funds, equity funds, and others.

4. Kuvera

Kuvera provides resources that make investing in mutual funds easier for beginners. Its one-stop tracking dashboard allows you to keep track of the performance of direct mutual fund investments made using the app. There is a feature that allows you to manage joint investments through family accounts. Surprisingly, the app's key feature is the ability to make goal-based investments.

The platform helps you create life objectives and proposes schemes based on your investments and existing portfolio. Aside from mutual funds, you can also use the app to invest in the stock market and gold. Tax harvesting, reporting, and TradeSmart are also included in the app. One can simply track investment performance using a one-stop tracking dashboard.

5. ETMoney

ETMONEY is another excellent platform for investing in mutual funds directly. This Times Group app provides great insights into your assets, especially for those who are just starting out with mutual funds.

The app is simple to use and comes with a fully automated network. It provides a one-stop shop for everything. It helps in the tracking and management of spending through the use of an expense manager. Not only that, but it also allows for SIP or lump sum investments and helps reduce tax on SIPs in ELSS mutual funds. It recommends investing ideas based on the user's financial objectives. It also allows access to a variety of financial services, such as buying insurance policies and obtaining quick loans.

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