7 Best Mutual Fund Apps In India 2021 - instantemo

Mutual Fund Apps 2021

Mutual Fund

Mutual Funds are one of the trusted or unique platforms to save and increase your money in minimum to the maximum term. Nowadays mutual funds houses started focusing on mutual fund apps.

Now we are going to know about the 7 best mutual fund apps in India 2021. Which are too helpful to increase your income strategy.

1. IPRUTouch App

It is one of the best apps is used by investors and distributors ICICI Prudential Mutual Fund. Investments in any Scheme can be maintained through this application. From this app, they can simply accept their account and capital gains. Investors will sell or buy mutual funds and create the SIP of ICICI Prudential Mutual Fund.

2. MyCams Mutual Fund App

This app extols you to accept your investments across several mutual funds in one gateway. You can buy, redeem, switch among a lot of mutual fund schemes with multiple mutual fund AMCs. Here you can invest in Fresh offers of mutual funds. Then you can do not only Aadhaar linked eKYC but also can invest in SIP mutual funds.

And also you can create my watchlist for funds tracking, spent lumpsum amount in mutual funds and you can view PAN level investments view.

3. KTrack

It is an individual mutual fund app from Karvy. An investor will be able to invest via SIP or lumpsum from this application. Investors can redeem the funds/ switch to funds. This application is also useful for distributors who can track their investor's mutual fund portfolio at a unique platform.

4. Groww

It is a useful app for investors who are interested in investing in mutual funds and stocks. Groww has made its UI very user-friendly. This app made investing in mutual funds and stocks very simple and has recently added stock investment also. This application offering a free Demat account initially. If you are new to this application you will be able to get free Demat from Groww.

 Upstox Trading App

5. Zerodha

Zerodha is a good platform for all basic beginners.  It does not charge you on monthly basis or doesn't need to pay any renewal amount yearly. It will charge just 20Rs per executed order.

If you think you have nothing insight about the market and you are perfect and strengthen about yourself that you can trade by yourself without any support! Only then do I recommend Zerodha.

6. ETMoney

ETMONEY is an application that you can believe for the security of your hard-earned income. The single rule that anyone at ETMONEY swears by is securing the data of all investors. Maintain the highest standards of encryption along with a protected payment gateway to make sure your data is never exposed to any sort of problem.

Even KYC documents you submit get verified by in house team with no third party involvement in any internal verification process.

7. Upwardly

Upwardly it is a great app to grow in terms of the user experience and features. It has tools that are created to engage you to get high results on your mutual fund investments.

Here mainly select the perfect mutual fund to invest in, you first need to calculate all the available funds in the market. The mutual fund ranking algorithm used upwardly takes into account the performance of the fund, stability of the funds during tough market conditions, distribution commissions, and the size of the fund.

Before Investing

Do's

• Clearly explain your financial goals.

• Analyze your work and decide upon a time horizon for which you want to remain invested.

• Pick a mutual fund scheme after aligning it to the above points.

Don'ts

• Don't start investments in haste.

• Don't interest in hearsay when choosing a mutual fund scheme.

• Don't ignore going through the fund fact sheets and scheme-related documents.