- Investing is essential to keep the finance stable.
- Mutual funds are the easiest and safest way to invest.
- These apps help you to invest in mutual funds at your fingertips.
Investing in Mutual funds is the advice you get as soon as you start earning. In today’s fast-paced life sitting around and checking where to invest or the right place to invest is almost next to impossible task. That’s where the Mobile apps come into play as they let the users invest and keep track of investments on the go. You can check, invest, and keep yourself updated even when you are commuting to work or just passing the time during breaks.
The problem is, there are plenty of apps that allow users to invest in Mutual funds from their mobile app. Most importantly, there are online frauds and spam apps available online, which makes it a risky thing to invest your money. To solve that problem, we have brought you the list of best Mutual funds Investment apps available on app stores.
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Best Apps for Mutual Funds
- Paytm Money
- ET Money
- Coin By Zerodha
- Angel Bee
- Angel One
Mutual Funds Investment App’s Rating, Users, and Minimum System Requirements
|App||Ratings||Users||Minimum System Requirements|
|Groww||4.6/5||15 Million||Android 5.0 and iOS 11|
|Paytm Money||4.3/5||14 million||Android 5.0 and iOS 11|
|ET Money||4.2/5||10 Million||Android 5.0 And iOS 11|
|Coin by Zerodha||4.5/5||1.5 Million||Android 5.0 And iOS 11|
|Angle Bee||3.9/5||1 Million||Android 5.0 and iOS 11|
|myCAMS||4.0/5||5 Million||Android 5.0 and iOS 11|
|LFinKart||4.1/5||1 Million||Android 5.0 and iOS 11|
|Kuvera||4.5/5||1 Million||Android 5.0 and iOS 11|
|Angle One||4.3/5||10 Million||Android 5.0 and iOS 11|
|Fisdom||4.6/5||1 Million||Android 5.0 and iOS 11|
With Groww, users can invest in stocks and mutual funds in a hassle-free manner. The app is easy to use and easy to navigate, making it a great choice for beginners. By using Groww, users can get live share prices, detailed information about mutual funds, and open a free Demat account to trade stocks. The app offers an extensive library of mutual funds, which spans a wide range of asset classes.
In addition to research reports and investment calculators, the app offers a variety of tools and resources to assist users in making informed investment decisions. If you’re looking to learn about the stock market, Groww is a great choice. With the app, users can trade stocks and track their investments in real time, so they can stay on top of the market and make informed investments.
With its investor-first approach, Paytm Money is a mutual fund investment app that has gained popularity recently. The app’s goal is to simplify the investment process and make it more accessible to all. You can invest in mutual funds with just a few clicks using Paytm Money. Among its unique features is its pre-open IPO applications, which allow investors to apply for IPOs before they are officially launched.
Users can also access mutual funds, including equity, debt, and hybrid funds, at their fingertips. Moreover, the app makes stock market investments easier and quicker. Paytm Money is an excellent investment app for those seeking an investment app that puts their needs first and is user-friendly.
Download Paytm Money
ET Money stands out as a mutual fund investment app that offers 0% commission, no transaction fees, and no hidden fees. ET Money is committed to transparency and simplicity. In addition to supporting Google Pay, PhonePe, BHIM UPI, and Paytm, the app supports one-tap payments via NPCI E-mandate and net banking for mutual funds investment via SIP/Lumpsum. One of the most unique features of ET Money is its easy switch option, which enables users to transfer existing mutual funds from other apps to ET Money.
ET Money also offers ELSS funds, small-cap, large-cap mutual funds, balanced funds, gold mutual funds, sector mutual funds, and international funds. Users can invest in top mutual fund schemes via SIPs/Lumpsum of AMCs like SBI Mutual Fund, Nippon India Mutual Fund, ICICI Prudential Mutual Fund, HDFC Mutual Fund, Kotak Mutual Fund, and more. Overall, ET Money is a great option for those looking for a simple, transparent, and user-friendly investment app.
Download ET Money
Coin By Zerodha
In recent years, Coins by Zerodha has gained a lot of popularity as a mutual fund investment app. Coins’ easy-to-use interface makes it easy to invest in mutual funds and navigate. Coins allow users to buy and sell mutual funds without paying any commissions, making it a great option for people looking to reduce their investment costs. Coins also offer access to a wide range of mutual funds, including equity, debt, and hybrid funds, as well as investment tools and resources, such as research reports and investment calculators.
Coin’s seamless integration with Zerodha’s ecosystem is another great feature, allowing users to track their investments and manage their portfolios in one place. For users to learn about investing and improve their investment performance, the app also provides a range of educational resources.
Download Coin By Zerodha
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The Angel Bee app makes investing in mutual funds simple and accessible, even to first-time investors. The app provides a user-friendly platform for investing in mutual funds. There are no hidden fees or charges with Angel Bee, which is one of the app’s most notable features. Moreover, the app offers access to a wide range of mutual funds, including equity, debt, and hybrid funds. In addition, Angel Bee does not charge commissions on mutual fund investments.
Angel Bee offers users investment calculators, goal-based investing, portfolio tracking, and personalized investment recommendations based on their investment goals. It is an excellent choice for both new and experienced investors who are looking for an easy and low-cost way to invest in mutual funds.
Download Angle Bee
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A popular mutual fund investment app, myCAMS lets users invest in a wide variety of mutual funds from a variety of Asset Management Companies (AMCs). MyCAMS makes it easy for users to manage their portfolios seamlessly by creating a new account or linking existing mutual funds. In addition to tracking and monitoring mutual fund investments in real time, myCAMS provides users with a range of tools and resources to help them make informed investment decisions. These include fund performance tracking, calculators, and alerts. Users can view the latest NAV, scheme details, and investment history for each fund.
With the app, you can also use net banking, UPI, debit cards, and credit cards to make a secure and convenient payment. MyCAMS is an effective investment app that provides a comprehensive solution for managing mutual fund investments that are both reliable and user-friendly.
The KFinKart app is an investment app that offers a wide range of options and features for investing in mutual funds. Users will appreciate KFinKart’s user-friendly interface, which makes it simple to navigate and invest. In order to keep investment costs low, KFinKart allows users to buy and sell mutual funds with low fees. In addition to providing access to a wide variety of mutual funds, including equity, debt, and hybrid funds, KFinKart also provides a range of investment tools, such as investment calculators and research reports.
One of KFinKart’s great features is its seamless integration with the KFinTech ecosystem, which allows users to manage their portfolios and track their investments in one place. Users can also use the app to learn more about investing and maximize their returns.
An easy-to-use mutual fund investment app, Kuvera offers a variety of investment options for users. With the app, users can create a diversified portfolio tailored to their investment goals based on a variety of mutual funds, including equity, debt, and hybrid funds. Its ability to help users identify and invest in direct mutual funds, which typically charge lower fees than regular mutual funds, is one of Kuvera’s standout features.
In addition to portfolio analysers and tax calculators, the app offers investment tools and resources. Kuvera also has a user-friendly interface that makes it easy to invest in mutual funds. Investing can also be made convenient and hassle-free with the app’s variety of payment options, including UPI, net banking, and debit/credit cards. For anyone looking for a simple and user-friendly mutual funds investment app that offers many investment options and tools, Kuvera is a great choice. Investors who want to keep their investment costs low and still achieve their investment goals will find Kuvera a great choice with its focus on direct mutual funds and low fees.
With Angel One, users have access to a variety of investment options and features, making it an easy-to-use mutual funds investment app. Angel One’s intuitive and simple interface makes it easy for users to invest in mutual funds easily and quickly. Using the app, users can create a diversified portfolio tailored to their investment goals by choosing from a variety of mutual funds, including equity, debt, and hybrid funds. Angel One also offers a range of investment tools and resources, including a portfolio analyser and investment calculators, to help users make informed investment decisions.
Keeping your investment costs low is another great advantage of Angel One. The app also offers a variety of payment options, such as UPI, net banking, and debit/credit cards, so investing is convenient and hassle-free. With its low fees and user-friendly interface, Angel One is a great option for beginners and experienced investors alike looking for an easy-to-use app with many investment options.
Download Angel One
It provides users with a variety of investment options and features. With Fisdom, you can invest in a wide range of mutual funds, including equity, debt, and hybrid funds. By doing so, users can create an investment portfolio tailored to their individual needs. Its ability to help users find and invest in direct mutual funds is one of Fisdom’s most notable features. In addition to offering a portfolio tracker and a financial goal planner, the app also offers a range of investment tools and resources for users to make informed investment decisions.
In addition to its intuitive interface, Fisdom is easy to use, which makes it easy to invest in mutual funds. In addition to UPI, net banking, and debit/credit cards, the app makes investing convenient and hassle-free. Fisdom is an excellent choice for anyone looking for an app that offers a wide range of investment tools and investment options for mutual funds. The focus of Fisdom is on direct mutual funds and low fees, so investors can keep their investment costs low and still achieve their investment goals without having to pay high fees.
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1. What is the minimum investment amount required for mutual fund apps?
Depending on the application and the mutual fund scheme being invested in, the minimum investment amount required for mutual fund apps can vary. For most mutual fund apps, the minimum investment amount ranges between Rs 100 and Rs 500 for lump sum investments and between Rs. 500 and Rs 1,000 for systematic investment plans (SIPs).
Different mutual fund schemes may require different minimum investment amounts, with some schemes requiring a higher minimum investment than others, according to some apps. Before investing through a mutual fund app, you should check the minimum investment amount and other details.
2. How to withdraw money from a mutual fund app?
To withdraw money from your mutual funds app, navigate to a wallet or go to withdraw tab of the app you are using and select the withdrawal option. This option can vary from app to app.
Also, the limit of the minimum amount that you can withdraw and the fees to withdraw money is also different from app to app.
3. Is it safe to invest in mutual funds through apps?
The short answer is, yes. If you are using a legal and certified mutual funds app to invest, there should be no trouble investing in mutual funds. You can use the apps listed above to invest in mutual funds legally.
4. How to choose the best mutual fund app?
To choose the best mutual funds investment app, keep the ratings, active users and reviews in focus. The more active users and positive ratings the app has, the better support you as a user get from the app.
5. Which mutual fund app is best for beginners?
While all apps listed above are some of the best choices to go with for the purpose of mutual funds investments, you can consider Groww, Paytm Money, and ET Money as one of the best beginner-friendly and easy-to-use apps.
6. Do these apps are paid to download?
No, every single app listed is totally free to download. While free to download, some of these apps charge deposit, trade, or withdrawal charges.
7. How much time it takes to verify KYC?
Usually, the process of KYC takes anywhere around 24 hours to 7 working days to get done from the time you submit your KYC documentation. If in case it’s taking a longer timeframe than this, you should connect to the customer support of the app you are using. Users can find contact details for support on the official website of the app they are using under the contact us tab.