Top Mutual Fund Apps In India
Hey everyone! Hope you all are doing well. If you want to invest in mutual funds, but don’t know where to invest, then this blog is just for you. I’m going to discuss the top mutual fund apps in India. Stay tuned till the end to know in detail.
What Is A Mutual Fund?
The very basic question is what is a mutual fund? In recent years, mutual funds have been a very popular form of investment. When an Asset Management Company (AMC) collects funds from different individuals or investors, a mutual fund pool is formed. The fund pool is managed by a finance expert who purchases securities and stocks.
Mutual funds are always subjected to market risks. One may face profits or losses in this also depending upon the market value. All the statistics are managed by the find manager.
Mutual fund investments can be made in three ways:
- Third-party free apps for direct mutual funds
- AMC’s free apps for mutual funds
- All in one trading apps
There are some apps that use very minimal human intervention and works totally upon technologies like artificial intelligence. These apps are also known as Robo-advisory.
Now you will find numerous apps and websites for making mutual fund investments. Almost every app claims that they provide the best service, but before we invest our hard-earned money we should do a proper check. And I’m going to help you with this. In this article, I will provide you with the top 10 best mutual fund apps in India that you can use without a second thought.
As per the consumer perspective, the company should always provide the best service quality and technical support. These two are the basic things that will make an app stand out from the crowd and become my top app for mutual funds.
Here Is The List Of Best 10 Mutual Fund Apps In India
| Sr. No. | Mutual Fund App Name | Download Link |
|---|---|---|
| 1. | Groww App | Download Groww App |
| 2. | Kuvera App | Download kuvera App |
| 3. | Paytm Money App | Download Paytm Money App |
| 4. | Zerodha | Download Zerodha App |
| 5. | GoalWise App | Download GoalWise App |
| 6. | IPru App | Download IPru App |
| 7. | Paisa Bazaar | Download Paisa Bazaar App |
| 8. | Axis Mutual Fund App | Download Axis Mutual Fund App |
| 9. | ICICI Direct App | Download ICICI Direct App |
| 10. | Karvy Nivesh App | Download Karvy Nivesh App |
This is the list of top 10 mutual fund apps that we are going to discuss in detail, further in this article. Without wasting any more time, let us move to the detailed review of these mutual fund apps.
Best 10 Mutual Funds Apps In India To Invest Online In 2020
1. Groww App
[su_button url=”https://play.google.com/store/apps/details?id=com.nextbillion.groww” style=”stroked” background=”#28AF62″ size=”7″ center=”yes” radius=”round” icon=”icon: download”]Download Groww App[/su_button]
Groww app is one of my favorite apps for mutual funds investments. It was launched by an ex-Flipkart employee.
- You can Download the Groww app from the given link.
- The overall rating of the app is 4.3 /5.
- The best part is that there are more than 93,000 reviews on the play store.
- The above 5,000,00 people are already using it.
- If you are a beginner, you will get recommendations for making your investments.
- You need to set a goal here.
- The app will automatically advise you on a portfolio depending upon your investment goals.
- You can easily pay in the app using the UPI option.
- One can easily start with the New fund offer, Systematic Transfer Plan, and Systematic Withdrawal plan.
2. Kuvera Mutual Fund App
[su_button url=”https://play.google.com/store/apps/details?id=com.gooogle.android.kuvera.app” style=”stroked” background=”#28AF62″ size=”7″ center=”yes” radius=”round” icon=”icon: download”]Download Kuvera App[/su_button]
One of the best apps for mutual fund investments is Kuvera mutual fund app, which was started by investment bankers. It is Robo-advisory.
- Download the Kuvera app from here.
- There are more than 500,00 app downloads and 5,000 reviews.
- The app has a rating of 4.7/5.
- It is a goal-based investment app, so you should know your monetary goals for a clear understanding.
- One can invest directly in the Kuvera app without any additional or hidden commission.
- There are more than 35 direct mutual fund investment plans available on the app.
- One can easily switch from the regular mutual funds to the forest mutual funds.
3. Paytm Money App
[su_button url=”https://play.google.com/store/apps/details?id=com.paytmmoney” style=”stroked” background=”#28AF62″ size=”7″ center=”yes” radius=”round” icon=”icon: download”]Download Paytm Money App[/su_button]
We all are familiar with Paytm, the largest online banking platform. Paytm is owned by Vijay Shekhar Sharma. Paytm is also allowing mutual fund investments.
- Download the Paytm Money app from here.
- Paytm has a rating of 4.2 /5.
- More than 5,000,000 download with 54,000 reviews.
- Paytm is a highly user-friendly platform.
- You just need to set your financial goals.
- The automated system would tell you the best-suited fund depending on your goals.
- Funds can also be selected in order to save tax, investment in a large company, better savings, etc.
4. Zerodha Mutual Fund App
[su_button url=”https://play.google.com/store/apps/details?id=com.zerodha.kite3″ style=”stroked” background=”#28AF62″ size=”7″ center=”yes” radius=”round” icon=”icon: download”]Download Zerodha App[/su_button]
Zerodha is a very popular name in the mutual investment field. It is an all in one mobile app which provides all the services of Demat and mutual funds.
- Download the Zerodha app.
- Zerodha has 5,00,000+ downloads.
- It has a good customer rating of 4.3 /5.
- Intraday investments are allowed.
- One can easily invest in equity trading and mutual fund simultaneously.
- There is a brokerage charge for equity trading, i.e., Rs. 20.
- Mutual fund services are available through the COIN app, which is free.
- Zerodha offers many services like equity trading, mutual funds, retail, institutional brokerage, currency trading, bonds, commodity trading, and much more.
5. Goal Wise Mutual Fund App
[su_button url=”https://play.google.com/store/apps/details?id=com.goalwise” style=”stroked” background=”#28AF62″ size=”7″ center=”yes” radius=”round” icon=”icon: download”]Download Goal Wise App[/su_button]
Goal wise mobile app is another great app for mutual fund investments. It was established in the year 2016.
- Download the Goal wise app from here.
- The app has a rating of 4.8/5.
- It has a total 50,000+ downloads on play store with more than 700 reviews.
- Goal wise is based on goal-based mutual funds investment.
- Investors can easily deposit funds into the account using the app with net banking or UPI option.
- The investments occur in the direct mutual funds.
- There is no commission or associated fee.
- The completely automated platform which makes it user friendly.
- Upon reaching best to the goal amount, the app secures your fund.
- Best mutual fund app for beginners.
6. Ipru touch app by ICICI
[su_button url=”https://play.google.com/store/apps/details?id=com.iPruAMC” style=”stroked” background=”#28AF62″ size=”7″ center=”yes” radius=”round” icon=”icon: download”]Download IPru App[/su_button]
Ipru is a product of ICICI mutual funds. It comes in the category of mutual fund apps by AMCs. It is a free app.
- Download the IPru app now.
- The app has more than 500,000 downloads on the play store.
- It has a customer rating of 4.3 /5.
- More than 16,000 customers have posted their reviews on the app.
- Ipru touch app is exclusively for ICICI Prudential mutual fund users.
- One can easily invest in Prudential mutual fund with this app.
- You can easily plan your investment goals with the app.
- E-statement can be easily downloaded.
- The app also provides a SIP feature.
7. Paisa Bazaar Mutual Fund App
[su_button url=”https://play.google.com/store/apps/details?id=com.paisabazaar” style=”stroked” background=”#28AF62″ size=”7″ center=”yes” radius=”round” icon=”icon: download”]Download Paisa Bazaar[/su_button]
Paisa Bazaar is among the most popular mutual fund apps in India. It was founded by two IIM pass outs.
- Download the PaisaBazaar app from here.
- It has more than 5,000,00 downloads with 55,000+ reviews on Google play store.
- Paisa Bazaar had an overall rating of 4 /5.
- This is an all in one app. Here you can invest in mutual funds along with some other financial services.
- You can easily apply for personal loans and business loans.
- Even one can get an insurance from here.
- Direct mutual fund investments can be made using this app.
8. Easy app from Axis mutual fund App
[su_button url=”https://play.google.com/store/apps/details?id=com.axismf.investorapp” style=”stroked” background=”#28AF62″ size=”7″ center=”yes” radius=”round” icon=”icon: download”]Download Axis Mutual Fund App[/su_button]
Another free mobile app from AMC is, Easy app. Easy app is by Axis mutual fund.
- Download the Easy app.
- Easy app has more than 500,000 downloads but the customer rating is a bit low, i.e. 3 /5.
- Easy app is specifically for Axis mutual fund.
- It is for all the new and existing Investors of Axis mutual fund.
- One can easily invest their funds and make transactions with this app.
- Insta redemption feature allows t the redemption of liquid funds easily and quickly.
- SIP feature is also there.
- With the app one can purchase, switch, and redeem the funds.
9. ICICI direct mobile app
[su_button url=”https://play.google.com/store/apps/details?id=com.icicisecurity” style=”stroked” background=”#28AF62″ size=”7″ center=”yes” radius=”round” icon=”icon: download”]Download Icici Direct App[/su_button]
One of the best app in one app for mutual funds investment is ICICI direct mobile app. It is a sister branch of ICICI securities.
- Download the ICICI direct app.
- More than 1,000,000 people are already using it.
- The customer rating is 4.1 /5.
- ICICI direct provides trading and investment services.
- You can enjoy different services like equity trading, bonds, mutual funds, futures, etc.
- Investors can make multiple investments in different plans and keep their track easily from the app.
- Rs. 100 is charged for a lump-sum investment.
- For SIP, the charges are 1.5%.
10. Karvy Nivesh mobile app
[su_button url=”https://play.google.com/store/apps/details?id=com.rs.karvymf” style=”stroked” background=”#28AF62″ size=”7″ center=”yes” radius=”round” icon=”icon: download”]Download Karvy Nivesh App[/su_button]
Karvy is there in the market for a very long time. It is one of the best and old mutual fund investment platform. It is a mutual fund registrar.
- Download the Karvy Nivesh mobile app from here.
- There are more than 500,000 app downloads along with 23,000+ reviews.
- The app is rated 4.3 /5.
- Karvy app is a multitasking app. You will get stockbroking and wealth management.
- It keeps a record of the investors, their funds, and mutual fund houses.
- The app also helps in personal finance advisory.
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Final Words.
These were the top 10 mutual fund apps in India. All of them are great. With the customer ratings and reviews on the play store, you can select the best one for you. The list is not in a specific order, every app has some unique features. Start investing and stay saving. Hope you liked the article.
