Which mutual fund investment apps would you recommend that offer good control over invested funds? Why would you recommend it?
On the contrary, which apps should I avoid at all costs?
Kuvera bro.
Avoid Groww.
Thank you for the suggestion, Kuvera looks interesting. Why avoid Groww?
This is a huge factor for me. Finances are very personal and very important to me. Important to trust somebody who actually understands the business in-and-out.
Kuvera doesn't send you random and mindless emails. Groww sends a lot of spam (which is of no use). If you've signed up at both places, just search your inbox.
My elder brother uses Groww. He has sometimes got calls from folks actually working at Groww telling him to invest at X & Y. Like wtf? Where did his privacy go? This looks similar to shady practices imbibed by HDFC. This has never happened in my past 3 years using Kuvera.
If somebody wants you to invest in Product X, Y, etc... at a larger level it seems they're more interested in getting your money, and not letting you do your own due diligence while investing.
One of my friends who had created his account at Groww, he had his DeMat account automatically created without him even opting for it. Lol. He already had a different DeMat account that he was using to invest in stocks. Groww created one without his knowledge.
Kuvera is easy to use compared to Groww (personal opinion. My bro and mom use Groww.) Have always struggled to understand the UI of Groww. There's just too much present there. Keep it simple for retail investors please?
P.S. If Kunal Shah buys out Kuvera, I'll search another platform. Don't want my UI to change to a stupid gambling machine which pukes -ve worth coins that can only be used in Kunal's ass.
If you will ask so many questions in a single post, chances are most people will ignore it. 😛
Btw, you can use either of Coin or Groww. No need to look beyond that.
Been using Groww for more than 4 years now and I haven't found a reason to not trust them. Have about 1 Cr worth portfolio on it. I have heard zerodha gives better stats if you are an active investor but Groww is decent enough if you're just looking for SIPs.
Kuvera. Avoid using apps which tie your Mutual Funds to a Demat Account like Coin.
Hey friend, why should we avoid that? Thanks!
I'm a noob at mutual funds
You can use Groww for MF (not saying because I work here lol) Because groww doesn't earn any money from MF and most of the funds are direct funds so that you don't have to give commission to mutual fund houses 😄
Isn’t all the discount brokers like Zerodha, paytm money, ET money offers direct mutual funds?
I think zerodha charge 300 rs per year as maintenance charges.
Guys which mutual fund app to use for direct growth and to keep all mf in one app,because I was using angel and realized that it has regular plan
What are the best apps to invest in US stocks from India. Long back tried IND money but they had very high withdrawal charges and some others. Whats the state now? Any decent apps? Please suggest
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 ...
Are there any apps or websites that conduct an annual portfolio audit, offering exit and switch recommendations, as well as valuable insights to ensure we're on the right track toward our financial goals ?
