Posted by on September 25, 2021

Best Direct Mutual Fund Apps in 2021 || Best Direct Mutual Fund Platforms in 2021 || Best Direct Mutual Fund Websites in 2021

CXB ਵਿੱਚ ਤੁਹਾਡਾ ਸਵਾਗਤ ਹੈ

See Also- Easiest Way to earn real Bitcoins

Top Freelancing Websites in 2021

Best 20+ Stock Investment Apps in 2021

Mutual Fund or Mutual Fund Investment Doesn’t Need Introduction, This is the Indirect Version Of Stock Market in Simple Language. And its influence is flourishing day by day with the help of a Plethora of Digital Investment & Broker Platforms that Revolutionize the Entire Local and Foreign Mutual Fund Market by Reducing Brokerage Fees, Additional Charges, and Providing Premium Features and Services at less cost & Gurnatess you High Return, Tax Saving & Fewer Expenses That Offline Brokers doesn’t Offer.

Therefore, Today in this post I will give you 20+ Mutual Fund Investment Apps (Brokers) [ In which 10 are Major Direct Investment Platforms, Some AMCs Platforms, & Some Regular Investment Platforms ] That is Very Ideal for Investment and Trade.

So, Let’s Start our Chapter

Best Direct Mutual Fund Apps in 2021

Disclaimer: Mutual Fund Investment is Risky Also So, Please do Proper Research And Analysis Before any Trade and Investment

Notes:

  1. Apps Rating, Reviews, Features, & Services are not Permanent they always change according to Updates and Modification offer by Different Platforms, So If any Changes occurs don’t blame me for Wrong Information’s.
  2. Generally, All Major 10 Platform’s Claim that they have no Hidden Cost but always check Their Updated Rate & Charge list for Accurate Clarification.
  3. For eKYC and Mutual Fund Investments You will need the following documents: Aadhar Card, Pan Card, Saving Bank Account, Bank Statements, Cheque Some others are e-sign, Photograph, Income Proof. One more Clearance That All Documents are Mentioned are not compulsry but Different Platforms have some differnet Protocols for verification So, Read and Understand All the Process in there Respective Sites for Compulsory Documents.
  4. All the Account Opening Process in Major 10 Platforms Are Paperless( Online eKYC) or offline in Some platforms (like Karvy, Mycams & More) Also.
  5. These 10 Major Platforms Offers you Android Apps, iOS Apps, & Websites, Also Some Platforms offers Desktop Apps So, The UI/UX Conclusion mentioned in below Review is Average of All Respective Platforms.

Direct Investment Apps (Best Of 10):

  1. myCAMS Mutual Fund App (Computer Age Management Services)- Budget-Friendly App With Some Bugs
  • Payment Option- UPI, Wire Transfer (Direct Bank Transfer Via NEFT, RTGS, & IMPS), Credit & Debit Card, and Net Banking
  • Brokerage Charges- 0
  • No. of Funds Available & Funds Transfer Feature- 35+ Funds Available with Funds Transfer Feature (Import or Export from Various Platforms Like Groww, Kuvera, Coin & More)
  • Wallet Feature- No
  • Verification and KYC- e-KYC Via Aadhar Card (Paperless)
  • Customer Support- Knowledgeable & Experienced Customer Executives, Email Support
  • SIP & Lumpsum Availability- Yes
  • UI/UX- Simple, Quicker & Old
  • Play Store Ratings, Review & Downloads 4.4, 73.7k+, 10Lakhs+
  • Apps Store Ratings, Review & Downloads 3.6, 1.6k+,
  • Additional Feature’s- Quick loans and Insurance policies Options, Track expenditures, Report Options, Financial Advice Video’s & Lectures, FAQs
  • Cyber Security Features- Pin, Password, Pattern lock, 2F-Authentication,
  • Platforms- Android, iOS, Website
  • Pros- Old Player In Indian Mutual fund History Which is So Trustable, Smart, Faster, Intelligent Perfomance you got from there App
  • Cons- UI/UX is Old and Not Eye-catching Like other Competitor’s, Unattended Complaints by Customer Support Team Less Features are available as compare to Others

2. Karvy (Karvy Nivesh App)- Full-Service Broker with Limited Features

  • Payment Option- UPI, Wire Transfer (Direct Bank Transfer Via NEFT, RTGS, & IMPS), Credit & Debit Card, and Net Banking
  • Brokerage Charges- 0
  • No. of Funds Available & Funds Transfer Feature- 35+Funds (3000+ Different Mutual Funds from Respective 35+ Funds) Available with Funds Transfer Feature
  • Wallet Feature- No
  • Verification and KYC- e-KYC Via Aadhar Card (Paperless)
  • Customer Support- Chat Bot, Email Support
  • SIP & Lumpsum Availability- Yes
  • UI/UX- Simple & Classic, Enriched Navigation
  • Play Store Ratings & Review- 4.4 and 67.5k+
  • Apps Store Ratings & Review- 3.7 and 1.5k+
  • Additional Feature’s- Portfolio Dashboard, NAV Tracker, 575+ Offline Branches, Report Options, Financial Advice Video’s & Lectures, FAQs,
  • Cyber Security Features- Pin, Password, Pattern lock, Fingerprint lock, 2F-Authentication,
  • Platforms- Android, iOS, Website
  • Pros- Old Player In Indian Mutual fund History Which is So Trustable, Both Play Store & App Store Version App is of Small Size & Lightweight
  • Cons- Less Features are available as compare to Others, Unattended Complaints by Customer Support Team

3. Cashrich India’s 1st Dynamic SIP option for Higher returns Sometimes Creates Confusion

  • Payment Option- UPI, Wire Transfer (Direct Bank Transfer Via NEFT, RTGS, & IMPS), Credit & Debit Card, and Net Banking
  • Brokerage Charges- 0
  • No. of Funds Available & Funds Transfer Feature- 35+ Funds Available with Funds Transfer Feature
  • Wallet Feature- No
  • Verification and KYC- e-KYC Via Aadhar Card (Paperless)
  • Customer Support- One-Tap Live Chat Support, Email Support
  • SIP & Lumpsum Availability- Yes
  • UI/UX- Light Weight, Easy to use, Dark Graphics
  • Play Store Ratings, Review & Downloads 4.8, 865+, 1lakhs+
  • Apps Store Ratings, Review & Downloads 5, 1+
  • Additional Feature’s- Easily withdraw money in two taps, Portfolio diversification
  • Cyber Security Features- Pin, Password, Pattern lock, Fingerprint lock, 2F-Authentication, Facial lock
  • Platforms- Android, iOS, Website
  • Pros- Money Withdrawable Timing is Fast (Approx 24 hours), Responsive & Problem Solving Customer Support,
  • Cons- Only English & Hindi Language Option is Available, For Some Customers Dynamic SIP Concept is Confusing

4. Goalwise (Niyo Money)- High-Quality Feature’s & Service’s Packed Platform that Needs a little bit Improvements

  • Payment Option- UPI, Wire Transfer (Direct Bank Transfer Via NEFT, RTGS, & IMPS), Credit & Debit Card, and Net Banking
  • Brokerage Charges- 0
  • No. of Funds Available & Funds Transfer Feature- 30+ Funds Available with Funds Transfer Feature
  • Wallet Feature- No
  • Verification and KYC- e-KYC Via Aadhar Card (Paperless)
  • Customer Support- Live Chat, Email & WhatsApp Support,
  • SIP & Lumpsum Availability- Yes
  • UI/UX- Simple & Fresh, Highly customizable
  • Play Store Ratings, Review & Downloads 4.4, 1166+, 50K+
  • Apps Store Ratings, Review & Downloads 4.5, 12+
  • Additional Feature’s- Free Tax Gain Harvesting, Glide Path – (move from equity to debt as you get closer to your goal), Systematic Transfer Plan (STPs), Smart switching, Annual Report Options, Financial Advice & Blogs, FAQs
  • Cyber Security Features- Pin, Password, Pattern lock, Fingerprint lock, 2F-Authentication,
  • Platforms- Android, iOS, Website
  • Pros- Knowledgable Customer Support, Quality & Enriched Professional Features are Available, Varities Of Mutual Fund Calculator’s is Available
  • Cons- Niyo App Store App Size is heavy (Approx 130 MB), Most User’s Request Telephonic Customer Support but Goalwise still not bring this Services Yet

5. KFinKart An Old & Trustable Broker which is Still Struggling

  • Payment Option- UPI, Wire Transfer (Direct Bank Transfer Via NEFT, RTGS, & IMPS), Credit & Debit Card, and Net Banking
  • Brokerage Charges- 0
  • No. of Funds Available & Funds Transfer Feature- 30+ Funds Available with Funds Transfer Feature
  • Wallet Feature- No
  • Verification and KYC- e-KYC Via Aadhar Card (Paperless)
  • Customer Support- Email & Live Chat Support
  • SIP & Lumpsum Availability- Yes
  • UI/UX- Enriched Navigation, Professional Colors & Graphics
  • Play Store Ratings, Review & Downloads 4.1, 42406+, 10lakhs+
  • Apps Store Ratings, Review & Downloads 1.7, 11+
  • Additional Feature’s- Automatic Data Refresh for Consistency Across Devices, NAV Tracker, Login through Facebook or Google account, Account Statements, View multiple folios in a single view (Link family folios)
  • Cyber Security Features- Pin, Password, Pattern lock, Fingerprint lock, 2F-Authentication,
  • Platforms- Android, iOS, Website
  • Pros- The KFinKart App is Simple, Easier, Smarter to Use, One-touch login app 
  • Cons- Little bit Bugs & Glithes Found on Both OS Apps

6. ET Money A Highly Reputed & Multi-Talented Finance Platform That Needs Improvement in their Respective Apps

  • Payment Option- UPI, Wire Transfer (Direct Bank Transfer Via NEFT, RTGS, & IMPS), Credit & Debit Card, and Net Banking
  • Brokerage Charges- 0, There were liitle bit of Transcation Charges
  • No. of Funds Available & Funds Transfer Feature- 30+ Funds Available with Funds Transfer Feature
  • Wallet Feature- No
  • Verification and KYC- e-KYC Via Aadhar Card (Paperless)
  • Customer Support- Email, Chat, Call Support
  • SIP & Lumpsum Availability- Yes
  • UI/UX- Premium & Mesmerising looks, Easy Navigational Option, Eye-Catching Animation
  • Play Store Ratings, Review & Downloads 4.5, 14993+, 50lakhs+
  • Apps Store Ratings, Review & Downloads 4.5, 18.3k+,
  • Additional Feature’s- National Pension Scheme (NPS) Availability, Money & Expense Tracking, Instant loans & Insurance Policies Option’s, FDs Saving, Financial Advice Video’s & Lectures, Blogs, FAQs
  • Cyber Security Features- Pin, Password, Pattern lock, Fingerprint lock, 2F-Authentication,
  • Platforms- Android, iOS, Website
  • Pros- Highly Rated App Across both Android & iOS Platform, Fast Account Opening Process, Very Secure App
  • Cons- App Size of App Store Version is too Heavy (352.7 MB approx), Some Features Will not Work Properly, Some Payment Problems

7. Paytm Money (Paytm)- A All in One Finance Platforms that Needs some Better Finacial Advisors

  • Payment Option- UPI, Wire Transfer (Direct Bank Transfer Via NEFT, RTGS, & IMPS), Credit & Debit Card, and Net Banking
  • Brokerage Charges- 0
  • No. of Funds Available & Funds Transfer Feature- 40+ Funds Available with Funds Transfer Feature
  • Wallet Feature- Yes
  • Verification and KYC- e-KYC Via Aadhar Card (Paperless)
  • Customer Support- Email & Chat Support
  • SIP & Lumpsum Availability- Yes
  • UI/UX- Specified Icons for Various Tasks, Indian Style Designing, Easy to Use,
  • Play Store Ratings, Review & Downloads 3.8, 102119+, 1crore+
  • Apps Store Ratings, Review & Downloads 4.7, 398+
  • Additional Feature’s- Digital Gold Investment is Available, Dark Mode, Autopay Option, Report & Tax Statement Options, Financial Advice, Blogs, FAQs
  • Cyber Security Features- Pin, Password, Pattern lock, Fingerprint lock, 2F-Authentication, Bank Grade Protection
  • Platforms- Android, iOS, Website
  • Pros- Promising Privacy of Data Protection & Transparency, Very Secure App, Zero Transcation Charges, Impressive Consumer Support
  • Cons- Login Issuses, Slow Portfolio’s Update, Paytm Team Advising & Recommendation is Not Impressive Regarding Mutual Funds investment

8. Zerodha Coin (Zerodha)- One of the Best Broker Of All-time in the Finance Sector of India Must Needs to Reduce Charges on Mutual Fund Coin

  • Payment Option- UPI, Wire Transfer (Direct Bank Transfer Via NEFT, RTGS, & IMPS), Credit & Debit Card, and Net Banking
  • Brokerage Charges- 0, But Joining Charges is 200 (50 You have To Pay More If you Invest Over 25k)
  • No. of Funds Available & Funds Transfer Feature- 40+ Funds Available with Funds Transfer Feature
  • Wallet Feature- Yes
  • Verification and KYC- e-KYC Via Aadhar Card (Paperless)
  • Customer Support- Email & Chat Support
  • SIP & Lumpsum Availability- Yes
  • UI/UX- Fresh & Pro Touch Up, UI/UX Gives You Responsive & Smooth Performance
  • Play Store Ratings, Review & Downloads 4.4, 14993+, 10lakhs+
  • Apps Store Ratings, Review & Downloads 3.8, 133+
  • Additional Feature’s- Skip an SIP Option is Available, Curated Schemes in Different Categories, Dark Mode, Autopay Option, Report Options, Blogs, FAQs
  • Cyber Security Features- Pin, Password, Pattern lock, Fingerprint lock, 2F-Authentication
  • Platforms Android, iOS, Website
  • Pros- Easy Nominees Death Claims Procedures, You got Premium features of Demat & Trading Account, Presence of Multiple Professional Finance Features
  • Cons- This Platform in Not Free Yet, You have to Subscribe for Demat Account to Get Coin Subscription, Absence of Mutual funds research & Advisory services.

9. Groww A New Quality Player in Finance Broking Arena Which Needs more Labour to Become Leader

  • Payment Option- UPI, Wire Transfer (Direct Bank Transfer Via NEFT, RTGS, & IMPS), Credit & Debit Card, and Net Banking
  • Brokerage Charges- 0
  • No. of Funds Available & Funds Transfer Feature- 40+ Funds Available With Funds Transfer Feature
  • Wallet Feature- Yes
  • Verification and KYC- e-KYC Via Aadhar Card (Paperless)
  • Customer Support- Email, Chat & WhatsApp Support
  • SIP & Lumpsum Availability- Yes
  • UI/UX- Modern, Simple, Eye-Catching, Premium
  • Play Store Ratings, Review & Downloads 4+, 347k+, 1crore+
  • Apps Store Ratings, Review & Downloads 4.5, 10.6k+
  • Additional Feature’s- Dark Mode, Autopay Option, Report Options, Financial Advice Video’s & Lectures, Blogs, FAQs, Indian Stocks, NFOs, US Stocks, Gold, FDs options are available
  • Cyber Security Features- Pin, Password, Pattern lock, Fingerprint lock 2F-Authentication, 128-Bit Bank Grade Protection
  • Platforms Android, iOS, Website
  • Pros- Both Android & iOS App or Website Gives You Quality Performance in Maximum Fields, Perfect for Beginner Investors, 6+ Million Registered Customers, No Transcations Charges
  • Cons- No Offline Branch Support, Absence Of Some Professional Feature’s, No Call Support

10. Kuvera Offering you Massive Features & Services in an Imbalance Way

  • Payment Option- UPI, Wire Transfer (Direct Bank Transfer Via NEFT, RTGS, & IMPS), Credit & Debit Card, and Net Banking
  • Brokerage Charges- 0
  • No. of Funds Available & Funds Transfer Feature- 40+ Funds Available With Funds Transfer Feature
  • Wallet Feature- No
  • Verification and KYC- e-KYC Via Aadhar Card (Paperless)
  • Customer Support- Email & Chat Support
  • SIP & Lumpsum Availability- Yes
  • UI/UX- Simple, Neat & Clean, Easy to Use
  • Play Store Ratings, Review & Downloads- 4.5, 11k+, 5 lakhs+
  • Apps Store Ratings, Review & Downloads 3.5, 21
  • Additional Feature’s- Skip an SIP Option’s, Dark Mode, Autopay Option, Financial Advice Video’s & Lectures, Blogs FAQs, Gold, Indian Stocks, US Stocks, EPF Investment Option, Loan Against Security, Insurance, Multiple Accounts under One Id (Family Account), Kuvera Redeemtion coin
  • Cyber Security Features- Pin, Password, Pattern lock, 2F-Authentication, 128-bit Bank Grade Protection
  • Platforms Android, iOS, Website
  • Pros- Simple, Easier, Smarter, Highly Responsive Customer Support, Bring Regular Updates & Upgrades of features & Services in Respective Manner
  • Cons- It takes Long time for KYC, Kuvera Both OS Apps Crash’s & Unrespond’s Due to Imbalance of High Features in Respective Apps

Respective AMCs (Asset Management Company) Apps:

  1. InvesTap (By SBI)
  2. Kotak Mahindra (By Kotak Bank)
  3. UTI (By UTI)
  4. HDFC (By HDFC Bank)
  5. Axis (By Axis Bank)
  6. iprutouch (By ICICI Bank)

Bonus Tips:

More Direct Investment Apps:

  1. GoMF
  2. FundsIndia
  3. MobiKwik
  4. Fyers
  5. 5Paisa
  6. Sharekhan
  7. Motilal Oswal

Some Regular Investment Platforms:

  1. Offline Banks (Like Private & Government Banks i.e SBI, HDFC, BOI, Axis & More)
  2. Advisors, Agent, Intermediaries, Distributors ( Like PolicyBazaar.com, Bankbazaar.com & More)

  • All the Major 10 Direct Invesment Platforms mentioned in this Post also Offers You Stock Invesment with Some Awesome and Enriched Features & services
  • In ( Direct Investment ) there is absence of financial intermediaries, Advisors, Middle man & Brokers That’s Why these type of Investment Gives you High Returns because no charges you have to pay to Above Mentioned Persons.
  • In ( Regular or Indirect Investment ) there is presence of financial intermediaries, Advisors, Middle man & Brokers That’s Why these type of Investment Gives you Low Returns because some charges you have to pay to Above Mentioned Persons.
  • An [ Asset management company (AMC) ] invests pooled funds from clients into a variety of securities, stocks, bonds, firms & assets and Gives you Return

Summing Up:

Now I’m Closing my Chapter with some conclusion All the mentioned Platforms has Something Unique and Selecting Only one is Not fair in the Highly-Competitive digital World So, Choosing the Best One is Very Different for me and also for customers

But According to Largest No. of Customer & Downloads Influence ( 6 Millions+ & 1 Crore+ ) Groww is the No.1 Mutual Fund App Right Now.

Hope you like this Post “Best Direct Mutual Fund Apps in 2021” If Any Problem’s Exist Comment! Below

Featured Image by Pabitra Kaity from Pixabay

Posted in: Best Apps, Best Websites

Comments

Be the first to comment.

Leave a Reply


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

*