If you want to maintain financial stability throughout your life, mutual funds are the way to go. It’s not something we are saying; it’s something economists are saying.
Nevertheless, investing any amount of funds needs the appropriate app, and with so many options, consumers may find it difficult to choose the Best Mutual Fund App. But, and this is why we’re here, we have discovered the mutual fund apps that will fix all of your financial worries in one easy step.
Table of Contents
Things to Consider while looking for Best Mutual Fund App
Here are some checks and balances to think about while picking the best mutual fund app:
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Order Placement
Always look for one with advanced order placement capabilities. This feature could be really useful when it comes to enhancing investment returns.
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Technical Support
Check for technical support, as a single technical issue can wipe out a significant amount of money. It is provided by the majority of companies. Nevertheless, the amount of time they spend assisting you can dramatically change your opinion.
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Downtime
Every platform has technological challenges, which cause investment activity to be disrupted. Although it depends on the technological capabilities of the app provider firm, difficulties might be resolved in a matter of seconds or take hours or even days.
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Pricing
This is also an important factor to think about when looking for the best app to invest in mutual funds for you. Many mutual fund providers offer a variety of investment options. You should consider your investment strategy before deciding on one.
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Review
Before choosing trading apps, it’s also important to read reviews on various platforms. Many apps claim to be the top, but only public reviews can tell you the reality.
Most of the time, the Best mutual funds app don’t even advertise themselves, which can be shocking to most newbies.
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Language
If you or your senior family members are not fluent in English, you should check whether the best investment app supports your native language.
This will assist you or individuals you are interacting with in comprehending and investing without any language barriers. Now let’s discuss the mutual fund apps:
9 Best Mutual Funds App
Here are the best mutual fund apps in India to invest in Mutual funds:
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Groww
Groww is best app for sip investment in mutual funds if you’re unfamiliar with the mutual fund’s investment strategy. This App offers minimum features that allow you to make decisions and arrange your finances without difficulty.
It offers a single dashboard where you can keep track of all your assets, annual returns, and so on. To get yourself enrolled on the app, all you have to do is receive an account verification via KYC and you’re ready to go.
In terms of security, the app uses 128-bit SSL encryption to protect all of your financial information. This user-friendly tool might be considered the greatest app for investing in mutual funds and starting a systematic investment plan (SIP).
Ratings & Review
- Android Ratings : 4.5/5 stars
- Android Review : 485 k
- iOS Ratings: 4.5/5 stars
- iOS Review : 13.5 k
Downloads
- Android Downloads: 10 Million +
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Coin By Zerodha
Zerodha is possibly the Best Mutual Fund App to invest in mutual funds. In addition, if you have a Zerodha account, Coin application is fully accessible from it. So, log in to your account, and that’s all there is to it. You’re all set to go.
You can construct your SIP at any time using this app. It also allows you to alter the SIP anytime any information needs to be changed.
Various financial programmes, ELSS funds, and tax filing instructions are available. In terms of functionality, the Coin By Zerodha app has a finely crafted User Interface.
It’s simple to use; more significantly, the specialised investment calculator makes it simple to move between financial schemes and understand them.
Ratings & Review
- Android Ratings : 4.3/5 stars
- Android Review : 266 k
- iOS Ratings: 3.2/5 stars
- iOS Review : 3 k
Downloads
- Android Downloads: 10 Million +
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Icici Direct
Third in our list of 9 Best Mutual Fund App is ICICIdirect. It is India’s largest retail broker and financial product supplier, with more than 170 branches across the country and over 50 million customers.
ICICIdirect has revolutionised the way folks invest on the internet. This app platform offers a digital investing account that is simple and convenient to use.
ICICIdirect offers over 50 financial products and services, comprising equity, mutual funds, derivatives, futures and options, currency, commodities, ETF, insurance, IPOs, corporate fixed deposits, portfolio management services, and foreign investing, all under one roof.
Ratings & Review
- Android Ratings : 2.6/5 stars
- Android Review : 29 k
- iOS Ratings: 1.8/5 stars
- iOS Review : 1.1 k
Downloads
- Android Downloads: 1 Million +
SBI MF invesTap the best app for mutual fund is an intuitive, easy-to-use software that allows you to complete all financial activities on the go, ushering in a new era of mobile-ready investments.
To hasten your road to your ideal life, you can browse funds, prepare for your investment goals, register, invest, transfer, reclaim, and track success.
By receiving the correct investment plans, doing a risk appetite check, and investing appropriately, you can reach your investment targets with the Family Solution Tool.
You can receive real-time updates to track on fund NAVs, and you can even schedule transactions to receive notifications at a later time to finish the transaction. It allows you to build a fund watchlist and compare up to three funds.
Ratings & Review
- Android Ratings : 4.2/5 stars
- Android Review : 55.7 k
- iOS Ratings: 2.7/5 stars
- iOS Review : 783
Downloads
- Android Downloads: 1 Million +
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HDFC MF Online Investors App
With 4.4 trillion in assets under administration, HDFC best app for sip investment is one of India’s largest mutual fund managers. They give wealth development opportunities to their vast customer base of 9.2 million live accounts by offering a complete suite of savings and investment products across asset classes.
They have a stronghold on the stock market, with one of the largest market shares in actively managed equities-oriented funds. Their expertise is in providing easy-to-understand financial options to the common Indian household.
They are the most popular option for investors, accounting for the majority of assets held by individual investors. Their ability to conduct systematic transactions adds to their appeal to consumers wishing to invest on a regular basis.
Ratings & Review
- Android Ratings : 4.5/5 stars
- Android Review : 6 k
- iOS Ratings: 4.1/5 stars
- iOS Review : 306
Downloads
- Android Downloads: 500 k +
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ABSLMF Investor App
ABSLMF is one of the country’s top fund companies, with about Rs.2.7 lakh crore in domestic assets under management for the quarter ended March 31, 2021, as per the Association of Mutual Funds of India’s (AMFI) national average AUM report .
ABSLMF best app for sip investment has a fantastic combination of scope, a diverse product selection spanning equity, debt, balanced, and managed asset classes, good investment performance, and over 7 million customer folios.
ABSLMF is helping to promote mutual fund participation in India, with a presence in 300 locations across the country.
The company is working hard to make mutual funds more appealing to a wider spectrum of Indian investors and advisors.
Ratings & Review
- Android Ratings : 3.9/5 stars
- Android Review : 9 k
- iOS Ratings: 1.7/5 stars
- iOS Review : 584
Downloads
- Android Downloads: 500 k +
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Axis Mutual Fund App
In October 2009, Axis Mutual Fund launched its inaugural strategy. Since then, Axis Mutual Fund has experienced rapid growth. They credit their early success to three guiding principles: long-term wealth creation, an outside-in (customer) perspective, and a long-term connection.
This drives their whole product, sales, and service approach. They strive to provide high-quality financial and investment solutions that enable consumers to feel financially secure and confident in the future. Risk management and planning are very important to them.
They inspire their investors to embrace a holistic approach to investing, which goes beyond simply investing excess to investing with a vision, objective, or goal in mind. Join the growing tribe of investors and let your dreams take shape.
Ratings & Review
- Android Ratings : 4.5/5 stars
- Android Review : 13 k
- iOS Ratings: 4.4/5 stars
- iOS Review : 1.7k
Downloads
- Android Downloads: 1M+
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Upstox
When you invest in mutual funds through the Upstox is also best app for mutual fund, you won’t have to pay any brokerage costs. You can invest in mutual funds that meet your financial objectives.
There are almost 2,000 mutual funds from which to pick! Transaction cost is lowered thanks to no broking fees. As soon as you open an Upstox Demat account, you can begin investing in mutual funds.
Intraday trading incurs brokerage fees. Upstox provides you with a variety of investment options. It offers a framework for researching a variety of mutual funds.
You may research in-depth information on every mutual fund using the Upstox Mutual Funds app. Before logging in, you can view fund information.
Ratings & Review
- Android Ratings : 4.4/5 stars
- Android Review : 46 k
- iOS Ratings: 4.6/5 stars
- iOS Review : 2.5k
Downloads
- Android Downloads: 1M+
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Angel Bee
You have worked hard for it. However, managing it should not be as difficult. The Angel BEE the best app for mutual fund provides a simple and intelligent method to manage and increase your funds.
Find the best mutual funds quickly and easily, and invest in them with ease. The Angel BEE mutual fund app not only recommends the finest schemes for you, but it also assists you in calculating the appropriate SIP investment amount to meet your financial objectives.
This SIP app is the hassle-free and smart way to invest, with tailored suggestions, no paperwork, and various payment ways. Why waste your time seeking professional guidance when you can obtain it in a single swipe, anytime, anywhere?
Ratings & Review
- Android Ratings : 4.4/5 stars
- Android Review : 9 k
- iOS Ratings: 3.5/5 stars
- iOS Review : 289
Downloads
- Android Downloads: 1M+
Conclusion
You can invest immediately from your personal smartphone with these easy apps. If you want to invest a significant amount of money, choose an app that offers you an advisor and portfolio assistance. Beginners should choose an app that allows them to build a low-cost portfolio while also giving learning tools and asset allocation suggestions.
This concludes our discussion of the best mutual fund app. Please share your thoughts in the comments area about mutual fund apps.
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Frequently Asked Questions about best mutual fund app in india 2022
Which is best app for SIP?
Groww, Coin By Zerodha, SBI MF App, Icici Direct Etc are the best app for SIP.
Is Groww app safe?
Groww is a completely safe and dependable app. They claim on their website that the user's data is completely safe, and that their platform uses bank-grade security safeguards. Transactions are handled through the BSE Star MF platform, thus you'll be dealing directly with the mutual fund AMC.
Is it safe to invest in mutual funds through app?
Yes, investing in mutual funds via mobile applications is secure. This is due to the fact that an investor's funds cannot be held by these businesses, nor can they keep the funds for themselves.
SEBI registered mutual fund app?
All the Apps mentioned above are SEBI Registered and working according to the India Government Regulations.
Best app for SIP investment?
Groww App and Coin By Zerodha are Best Apps for SIP investment.
