Want to grow rich during lockdown? Here are 5 most useful apps you can invest in
Here is a list of best apps available in India for you to start your investment journey. Read to find out more
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FollowInvestment is a tricky business. They often take a lot of research and time. However, these days there are a few apps which make this job a lot easier. These apps offer a variety of convenient services and tell you the plan best suited for your investment goals. Take a look at the best investment apps in India:
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Groww: One of the most popular platforms with the millennials, this app lets you keep a track of all their portfolios and invest in mutual funds across all AMCs in India in one place. They also have blogs, and other resources to help people invest better. If you are just starting your investment journey, you can also interact with the investor community to know more. They also have launched stock broking facilities and provide bank-grade security.
Kuvera: This is a zero brokerage mutual fund investment platform. It has a very simple and user friendly interface where you need to fill up a PAN based KYC so that you don’t need any other documents. It helps investors set their financial goals and also they can research on various funds.
Zerodha Coin: An initiative by online discount broker Zerodha, this app lets investors put their money in direct mutual funds. They let investors buy mutual funds directly from over 40 plus Asset Management Companies. These funds can be operated as per the users preferences. They charge zero commission and has for all kinds of investments like equity, currency, commodity, and mutual funds
myCAMS Mutual Fund App: They provide a single gateway to investing in multiple mutual funds. They have many features and allow investors a host of ways to deal with direct mutual funds. Investors can open new portfolios, redeem, switch or set up SIPs through their platform. They also have schedule feature where investors have an option to set up their future transactions.
Paytm Money: The stockbroking and mutual fund arm of Paytm, this company is currently in partnership with 25 Asset Management Companies. Investors can start investing either through lumpsums or through SIPs and they can do so with even a small amount like Rs. 100. They have also partnered with rating agencies like MorningStar, CRISIL, and Value Research for helping investors make better choices.
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