Hello Entrepreneur , Would you like to advertise on YouApp with low cost? Dedicated ad slots are also available to promote your products through YouApp website. You can choose any of these ad slots to advertising: Header ad,Featured ad,Sidebar ad, Footer ad For more tariff details Click here

Best Mutual Fund Application for Android Users|2019

 
Best Mutual Fund Application for Android Users

Mutual funds have now become the go to saving and investment option across India. This can be attributed several factors including rising awareness due to popular ‘Mutual Funds Sahi Hai’ campaign, increased internet penetration, rise of equity markets, and so on. Having understood the benefits of investing regularly in mutual funds, people are exploring and looking out for best platforms and advisers to invest in mutual funds.

Investing in mutual funds is now simple and free. No paperwork, no hassles. Invest in the best mutual funds using Groww. All mutual funds are available in one investment app. And the best part - invest in direct mutual funds with zero commission for free. Switch your regular investments to direct.

Groww is a mutual fund investment platform that helps the first-time investor to get started with investing in 2 minutes and the entire process is paperless and seamless including KYC. Groww helps the investor to get better returns when compared with Fixed Deposit returns or savings account. As a first time investor, you can invest in liquid funds or ultra-short term debt funds for short-term or invest in equity funds for long term. All mutual funds are available in one investment app/platform and the investor can invest in balanced funds, gold funds, sector funds, tax-saving funds, or international funds whatever they like and later on they can sell off their investments anytime without any issues or hassle and all the money transactions will come directly to your bank account.

The first time investor should be aware of that there are two types of mutual funds plans available – Direct and Regular. The Regular Plan works on the commission model where the commission will be paid to the distributors and results in low returns whereas the Direct Plan result in higher returns and there is no commission. As mentioned above, the whole process is paperless and one can buy any Direct Plan within minutes and you will be happy to know that there are no charges for investing in Direct Plans through Groww. Even those who have already invested in the Regular plans through any agent or platform, can move their investments to Direct plans and can start saving on the commissions, right way.

Groww App Steps

Step 1: Download the “Groww App” from Google Play Store and install.
Step 2: Now the app installed on your device and as soon as you tap on “Groww App” it will ask you to register on the app and Sign-in if you already have an account.
Step 3: This is a one time process where you have to share all your details, basically a KYC process.
Step 4: Now you have shared all the details, it’s time to get started with investing. All you have to do is select any mutual fund and verify your KYC. Once all done, you can start SIP or one-time lump-sum investment.

Safety and Security

Groww uses the latest security standards to keep your details safe and they use BSE (Bombay Stock Exchange) Star platform for transactions and supports all RTAs; CAMS, Karvy, Sundaram and Franklin. Additionally, you can check your units on mutual fund apps in India like Mycams, Camsonline and Karvy. You can also switch your funds to Groww without any charges.










Features of Groww App

Invest in mutual funds online - free
- Zero Fees, No transaction charges
- All direct mutual funds - earn upto 1.5%+ returns
- Sell anytime - money comes to your bank account directly
- Learn to invest in mutual funds with as low as Rs 500 
- Switch to direct funds for free

Mutual fund investing for you
- Simple design, built with beginners and experts in mind
- Invest in the ready-made basket of mutual funds recommended by experts

- View beautifully designed charts, and historical performance of any mutual fund
- Top mutual funds list for different categories
- Latest finance news and insights 

Mutual fund tracking and analysis
- Dashboard to track all your investments
- Track your annualized returns and total returns
- Check details of holdings and mutual fund NAV like Moneycontrol and Valueresearchonline 
- Calculate returns through mutual fund SIP calculator
- Track your existing investments outside Groww

All mutual fund companies (AMCs) are supported on Groww Mutual Fund app including:

SBI Mutual Fund
Reliance Mutual Fund
ICICI Prudential Mutual Fund
HDFC Mutual Fund
Aditya Birla Sun Life Mutual Fund
Franklin Templeton Mutual Fund
DSP Blackrock Mutual Fund
Kotak Mutual Fund
Mirae Asset Mutual Fund
Axis Mutual Fund
Motilal Oswal Mutual Fund
L&T Mutual Fund
IDFC Mutual Fund
Parag Parikh Mutual Fund
UTI Mutual Fund
Sundaram Mutual Fund
Tata Mutual Fund





Top post on IndiBlogger, the biggest community of Indian Bloggers