5 Best Mobile Apps For Investing in Mutual Funds – 5 Best Mobile Apps for Investment in Mutual Funds for Investing in Mutual Funds
Because of the Corona crisis, there is a danger of economic crisis all over the world. At such times, the stock market is also witnessing ups and downs. The shares of many companies are falling, while the shares of many companies are seen rising. According to experts, this is the right time to invest because any big company whose stock has fallen, its stock will definitely rise after the Corona crisis.
In today’s time, many people want to invest their money somewhere where they can get more profit. The stock market is considered to be the best sector in terms of investment, but before investing in the stock market, you should be well aware of it. Many people find it risky to invest money in the stock market, then such people invest money in mutual funds. Mutual funds are believed to have a slightly lower risk. Apart from this, you can also invest in mutual funds for less money.
5 Best Mobile Apps For Investing in Mutual Funds
While investing in a mutual fund, first make sure that the money you are going to invest does not need it immediately. You can get good returns after investing for a long time in a mutual fund. A lot of people keep searching for the best apps to invest in mutual funds on the Internet. If you are also doing this, then in this article we are going to give you information about the 5 best apps to invest in mutual funds.
1. Paytm Money
In today’s time, a lot of people use the Paytm app. But for your information, let us know that Paytm has created an application for investing in mutual funds, which is known as Paytm Money. Through this app you can invest in mutual funds without any commission and after the completion of the period you can transfer that money to a bank account.
With the help of this app, you can invest in large cap, small cap, balanced, ELSS tax saving funds, liquid funds and mid cap funds. Will have to give time of Through this application you get 1% higher returns.
Here you can invest through Net Banking, UPI and Auto Pay. There are options available to invest in more than 40 Indian Mutual Funds in PayTm Money. Here you can also get a rebate of ₹ 46,800 under Section 80C of Income Tax by investing in ELSS.
With the help of this application you can invest in mutual funds. This application is being used in India very fast. All types of mutual fund options are available in it. You can invest in it through SIP or lump sum. In this you get the option to invest by comparing funds and at the same time the app also has the facility to easily switch from direct fund to direct fund. Through this application you can also invest in the stock market, for this you will have to open a demat account.
3. ET Money
This application is made by Times Network and is rated the best on the Google Play Store. This application provides many facilities like instant and insurance policy. Apart from this, with the help of this application you can invest in mutual funds through SIP. Apart from this, by investing in a tax saver solution, you can get a rebate of up to ₹ 46800 in income tax.
CashRich is India’s first mutual fund application with Dynamic SIP Method to achieve higher returns than regular SIP. In this application, the facility to invest in many different sectors like short term, tax saving, long term balanced, international, gold is available. If you suddenly need money and you want to withdraw the amount of your investment immediately, then the application also provides its facility. You can download it by going to Google Play Store.
The myCAMS app provides services such as viewing, managing, purchasing, redeeming, switching, generating SIPs, etc. of a portfolio of mutual funds. Or the application provides the fastest, simple and smart service to invest in any mutual fund scheme.
In terms of security, it is considered to be the best investment app as it does not keep account or personal information of any investor. If you face any type of problem in this application, then chatboats are available here. You can also download this application by going to the Google Play Store.