SnoozyHamster
SnoozyHamster

Mutual Fund SIP App Suggestions

Hi Folks,

I was using Paytm Money App for MFs. Started around last year and kept my Auto Pay limit to 25k which I can’t increase now.

So I was planning to move to another app like Groww or any other.

Which app do you use currently and which would you recommend for MF SIP?

Thanks in advance

20mo ago
Find out if you are being paid fairly.Download Grapevine
WigglyBoba
WigglyBoba

If you are new go with Regular plans under good advisor.

ZippyPenguin
ZippyPenguin

Who are the good advisors?

WobblyBagel
WobblyBagel

Direct plans are much better without the 1-2% commision. Most active funds & advisors don't beat the index. Bad recommendation 👎

ZestyBiscuit
ZestyBiscuit

You can use Coin, if you have a zerodha account.

WobblyNugget
WobblyNugget

+1 hassle-free

JumpyMarshmallow
JumpyMarshmallow

+1

WobblyPancake
WobblyPancake
Meta20mo

IndMoney is the best, keeps track of networth as well.

FloatingDumpling
FloatingDumpling
Apple20mo

Heard indmoney is struggling. (Source: grapevine itself)

Better to go with something like Zerodha which has certain future than indmoney. Not that you lose MF units if it goes down but the pain of shifting platform, another KYC n all

JumpyMarshmallow
JumpyMarshmallow

I found INDmoney tracker to be buggy

JumpyPretzel
JumpyPretzel

Just use MFCentral app.

SquishyKoala
SquishyKoala

Second this. Official app to manage all MFs in one place

JumpyPretzel
JumpyPretzel

Yepp. I started using it recently. It allows investment to all Funds, and it is made in collaboration with the two biggest RTAs kFinTech and CAMS, and with due consent and instructions of SEBI. Earlier it was not having investment feature, but it has brought investment feature too since last 9-10 months. So one can invest in any mutual fund, using this app. And best thing is, it shows all of them at one place, and gives option to redeem, raise complaints etc too.

SillyNugget
SillyNugget
Amazon20mo

You can use Groww, it's good

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