Best Direct Mutual Fund Apps in 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

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 offered by Different Platforms, So If any Changes occur don’t blame me for Wrong Information.
2. Generally, All Major 10 Platforms 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 compulsory but Different Platforms have some different Protocols for verification So, Read and Understand All the Processes in their Respective Sites for Compulsory Documents.
4. All the Account Opening Processes in Major 10 Platforms Are Paperless( Online eKYC) or offline on Some platforms (like Karvy, Mycams & More) Also.
5. These 10 Major Platforms Offer you Android Apps, iOS Apps, & Websites, Also Some Platforms offer Desktop Apps So, The UI/UX Conclusion mentioned in below Review is the 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 Performance you got from their App
• Cons- UI/UX is Old and Not Eye-catching Like other Competitors, Unattended Complaints by Customer Support Team, Less Features are available as compared 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- ChatBot, 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 compared to Others, Unattended Complaints by the 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 Features & Service’s Packed Platform that Needs a little few 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, Varieties Of Mutual Fund Calculator is Available
• Cons- Niyo App Store App Size is heavy (Approx 130 MB), Most Users Request Telephonic Customer Support but Goalwise still has not brought these 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 of Bugs & Glitches 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, (But There were few Transaction 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, 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 did not Work Properly, Some Payment Problems

7. Paytm Money (Paytm)- A All in One Finance Platform 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 Transaction Charges, Impressive Consumer Support
• Cons- Login Issues, 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 a 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 is Not Free Yet, You have to Subscribe for a 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 Transactions Charges
• Cons- No Offline Branch Support, Absence Of Some Professional Feature, 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 a SIP Option, 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 Crashes & Unrespond Due to the 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 Investment Platforms mentioned in this Post also Offers You Stock Investment with Some Awesome and Enriched Features & services
• In ( Direct Investment ) there is the absence of financial intermediaries, Advisors, Middle man & Brokers That’s Why this 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 the presence of financial intermediaries, Advisors, Middle man & Brokers That’s Why this 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 a conclusion All the mentioned Platforms have 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 Exists Comment! Below

Featured Image by Pabitra Kaity from Pixabay

Comments

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>