5 ANDROID APPS TO INVEST IN MUTUAL FUNDS
Mutual fund investments are a trend these days. Ever since the process has gone online, it has become even simpler to invest in mutual funds and stocks.
There are so many apps available in the market for the investors to invest their money in mutual funds. To clear the ambiguity, we have shortlisted 5 android apps for the investors to invest in mutual funds.
Savart.in has made investment in mutual funds much easier than before. The investors can invest their money in mutual funds with the help of personalised suggestions to match their income levels, financial preferences and risk appetite.
Investment with Savart has made it simple, profitable, safe, affordable and accessible. It allows the investors to invest between stocks, mutual funds, bonds, ETFs and gold. There is no paper work in Savart so you can invest without any hassle.
They provide the customers with offline as well as online support so that they can call Savart anytime and their experts are available to help.
The app has 2 modes – manual and auto mode – so that the investors can choose between personal research and personalised advices as per their preferences and style.
Their round up feature allows you to invest every time you spend. They round up the investments to the next multiple of 10 and invest it for you.
AXIS MUTUAL FUND EASYAPP
The EasyApp allows the investors to perform investment transactions anytime and anywhere. You can purchase, redeem, switch and start a fresh SIP using Internet banking and the EasyCall facility in Axis Mutual fund schemes. You can also see the latest NAV, NAV history and latest content.
They have a simple and easy to use goal based calculator which allows you to plan your life goals.
The app can schedule your transactions and you can get instant redemption for liquid funds. The app analyses your portfolio, folio, scheme and returns and provide you with personalised suggestions and advice.
You can request for account statement and the capital gain statement on the go. You can even set a particular transaction as your favourite one. You can connect with them through email, calling up or you can even visit their branches.
myCAMS Mutual Fund App
myCAMS has lots of features for the investors. In the app, you will get a one view of your portfolio, purchase, redeem, switch, or even set up a fresh SIP.
It is a single gateway to various mutual funds such as Aditya Birla Sun life Mutual Fund, DSP BlackRock Mutual Fund, HDFC Mutual Fund, HSBC Mutual fund and many more.
The mobile PIN and Pattern login has made your login process even simpler. You just need to select your preferred login method out of mobile PIN, pattern or password.
The app has made monitoring your investments easier. All you need to do is to add the schemes you want to track to ‘myWatchlist’ and monitor their performance on the go.
Their two step authentication for enhanced security has made the process more protected for the investors. You can set up your preferred secret questions for the second factor.
InvesTap by SBI MF
Simply uncomplicated the mutual fund investments using the InvesTap, a Mutual Fund investment app by SBI Mutual Fund. The app offers daily NAV updates on Mutual Fund NAVs and investor’s portfolio performance enabling investors to plan and invest effectively.
With the InvesTp you can get a compact view of your mutual fund investments and even start a fresh SIP as early as 5 days.
The app will ask you to set a 6 digit MPIN to bid adieu to the hassle of maintaining multiple passwords.
You can use their SIP calculator to estimate your SIP returns by selecting the investment duration and the installment amount. The calculator will give you an estimate of what your investments would have amounted to today basis the schemes past performance.
They also provide a NAV graph which helps you track the NAV of each scheme over the past 5 years and monitor returns of each scheme.
The Fund Easy app has made mutual fund investments easy. You can get up to 10 per cent more profit than average market.
In case of mutual funds, you make money when you invest in the right fund at the right time. Therefore, the app offers the best mutual funds to invest you money in.
Their investment advisors scan your portfolio periodically to help you identify poor performing funds and switch to better mutual funds.
They offer easy investment and easy withdrawal. They assist your from investment with mutual fund company to fund withdrawal. The app allows you to track all your mutual funds at one place.
The service is 100 per cent free and there is no log in required. Their SIP calculator estimates the profits from Equity and Debt funds. Save tax with the tax saving ELSS mutual funds.
So, these were the 5 android apps that you must know about before starting mutual funds investing.