Best Investment App In India – Jupiter

The internet has made so many things easy for us. From searching for a word’s meaning to shopping and investing, everything can be done through a simple touch from the comfort of your home. Fintech companies have made investing so simple and easy that people are no longer afraid to invest money online. As technology evolves, we can expect investing to become even more effortless. Read to find out the things to consider before choosing an investing app and the Best Investment App In India.

Things to consider when choosing Best Investment App In India

A host of investment apps are available, and sometimes it gets confusing to choose one. Here are a few tips to help you choose the Best Investment App In India.

Investment options

Some investing apps offer a wide variety of investment products, while some offer limited options. If you want to invest in diverse investment products and see all your investments in one place, then choose an app with multiple options. If you are looking for a simple investing solution for a certain set of goals, then choose an app with limited options. 

Fees

Different investment apps charge different fees. Some charge an upfront fee, while others charge for each transaction separately. Hence while investing, make sure you check that the fee the app charges is within your budget. Always go with the app with fewer fees to magnify your returns.

Ease of use

Most apps are designed keeping beginners in mind. However, some apps can be difficult to use for some investors as it gets difficult for them to understand technology. Hence, you must choose an app that is easy to use.

Customer service

In online investing, you don’t see the person with whom you’re investing through. Hence it becomes important to choose an app with good customer support. Before investing, check for the customer support the app is offering. It can be either through email or phone.

Safety

Investing through apps can look scary with the amount of data leak news around us. But all investing apps are very safe. To know how safe an app is, go to their website and read their privacy policy. In the policy, they will mention how they will collect your data and use it. If you are comfortable with their policy, go ahead with them.

Additional help

Investing apps do not offer any independent advice to investors. However, they offer research on stocks and curate portfolios based on goals. These apps have in-house analysts who also rate top investments from time to time. Moreover, these apps offer value-added services like portfolio scanning and monitoring. So, if you want independent advice, go with individual advisors. However, go with investing apps if you are looking for basic and generic recommendations.

Best Investment App In India

Jupiter App

With the never-seen-before growth of investors in India at an all time high over 7% , you can try out Jupiter for investing in Direct Mutual Funds. What’s best about this app? There is no penalty if you miss the SIP.

Some of the salient features of Jupiter:

→ No-Penalty SIPs: skip an upcoming SIP at no charge.

→ Save up to Rs. 750 in Penalties each time

→ Earn 1.5% extra returns (compared to regular funds) by investing in Direct Mutual Funds

Download the Savings and Investment App : Jupiter Money

We have shortlisted investing apps based on App store ratings. Check out the top 10 investing as per the Apple store.

Smallcase

Smallcases are modern investment products that will help you build a low-cost, diversified portfolio for the long term. A smallcase is a basket of stocks and ETFs (exchange-traded funds) curated to reflect an idea. Through the smallcase app, you can invest in readymade portfolios (smallcases) managed by professionals or create your portfolio. The app offers a diverse collection of portfolios consisting of individual stocks based on a theme. Some portfolios also allow you to invest in gold.

Following are the benefits of investing through Smallcase.

• Smallcase allows you to start SIP in stocks.
• SEBI-registered professionals with high expertise curate portfolios.
• Ideal for beginners are portfolios are well diversified.
• No lock-in period or exit fees, making it easy to withdraw money at any time.
• Easy tracking of the performance of your shares.
• It is easy to use, and you can directly login using your existing demat account.

INDmoney

Ind Money is a Super Finance app that helps you track, save, plan, and invest. You can track your expenses and investments across brokers and distributors. Besides helping you track your investments, Ind Money also gives portfolio recommendations based on your goals and risk profiling.

Using the app, you can invest in stocks, IPOs, mutual funds, fixed deposits, bonds, portfolio management services, insurance, and US stocks. Moreover, it gives its gold members personalised investment advisory and financial planning services.

Following are the benefits of investing through Ind Money.

• Track all your investments and expenses in one place.
• Get mutual funds and stock recommendations on a real-time basis.
• Add your family members and get advanced reports of your portfolio’s health.
• Get personalised investing services through paid membership.

Paytm Money

Paytm Money is India’s fastest-growing trading and investment platform. It is an all-in-one investment and wealth management app offering stocks, IPOs, futures and options, mutual funds, ETFs, FDs, and NPS.

Following are the benefits of investing through Paytm.

• A full digital platform allows you to open an account with zero paperwork.
• Allows investors to place IPO orders 24*7.
• It has price alert options so investors can trade at their desired price.
• Offers wealth baskets that are in-built portfolios for short- and long-term horizons.

ET Money

ET Money is an investing app that allows you to invest in direct mutual funds. Apart from mutual funds, it also offers FDs, NPS, and insurance. You can invest, track, and manage your mutual funds in one place.

Following are the benefits of investing through ET Money.

• Invest in direct mutual funds with zero commission, transaction charges, and fees.
• Allows you to switch your mutual fund investments in other apps to ET Money.
• It has an easy account opening process, allowing you to open your account within five minutes.
• Tracks all your mutual fund investments outside ET Money and monitors them. It also gives suggestions to improve the portfolio’s health.
• Helps save tax through tax-saving investments and insurance.

Groww

Groww is an investing app that offers mutual funds, stocks, intraday trading, futures and options under one app. It offers 100% paperless onboarding allowing you to open a free demat account from the comfort of your home.

Following are the benefits of investing through Groww.

• Allows switching of your mutual fund from other platforms to Groww.
• Offers a readymade collection of mutual funds recommended by top analysts.
• Allows you to analyse stock movements by showing candle stick charts.
• Gives news and insights about the markets.

Moneycontrol

Moneycontrol gives the latest updates on Indian and global markets. All news about the financial markets can be read on this app. You can also track and monitor all your investments in one place using the app. It also allows you to invest in mutual funds.

Following are the benefits of investing through Moneycontrol.

• Latest news about financial markets of India and abroad.
• Covers a wide range of news, from individual stocks to personal finance blogs.
• Gives in-depth coverage and analysis of the markets.
• Allows you to set alerts on the stocks of your portfolio.

Bajaj Markets

Bajaj Markets is an all-in-one app. It offers loans, insurance, credit cards, and investments under one umbrella. The app gives instant approval on loans at the best interest rate without collateral and minimum paperwork.

Following are the benefits of investing through Bajaj Markets.

• Quick loans with low-interest rates.
• Allows you to apply for credit cards from all major banks to avail of shopping deals.
• Check your CIBIL score within seconds.
• Helps track expenses, investments, CIBIL score, and EMIs under one app.
• Gives tailor-made insurance plans to investors at low premiums.
• Allows you to pay all bills in one place – electricity, gas, water, and mobile.
• It helps you get closer to your fitness goal by tracking your steps and calculating your BMI.

Upstox

It is an investment platform offering stocks, mutual funds, digital gold, IPOs, futures, and options. Apart from investing, it also helps you track your investments in one place.

Following are the benefits of investing through Upstox.

• Invest in stocks with zero brokerage accounts.
• Try a demo without registering with Upstox.
• Get pre-and post-trade analytics, and use advanced charts to trade.
• Access predefined watchlists of all market indices.
• Track your stocks and mutual fund investments portfolio easily.

Kuvera

Kuvera is the first free financial planning and investment platform. It offers mutual funds, FDs, stocks, US Stocks, EPF, and gold in one platform. It helps set goals, allows family accounts for investments, and gives insights into investments.

Following are the benefits of investing through Kuvera.

• Allows you to invest in multiple investments such as stocks, mutual funds, US stocks, EPF and gold under one platform.
• It helps you plan and set financial goals and invest towards that goals.
• Its family account feature helps you create a joint account to manage your family’s investments.
• It gives insights into your investments to help you in taking decisions.
• Its SaveSmart feature helps you save for emergencies.

Angel One

It is a share trading and investment platform that allows you to invest in shares, mutual funds, US stocks, commodities, futures, and options. It allows you to open a free demat account and pre-apply for IPOs. Its smart tools, like IPO predictor, helps predict listing gains.

Following are the benefits of investing through Angel One.

• Invest, track, and monitor your stock portfolio seamlessness on your mobile.
• Has zero interest charges on margin trade facility for the first 30 days.
• Lowest brokerage amongst stock brokers.
• Charting tools give insights into stock movements.
• It has a learning platform called smart money that helps investors earn and learn by investing in stocks and mutual funds.

Conclusion

Before selecting an investment app, check for its features and benefits. Choose the one with the lowest costs and good customer support, and start investing based on your goals and risk tolerance levels.

Happy Investing!

Frequently Asked Questions

Which app is better for investment in India?

There are so many apps in the market, and choosing one is difficult. Analyse each app based on its expenses, customer support, usability, and investment options. Then select one app based on your requirements.

What is the safest app to invest in?

Investments through any app are safe as they have to adhere to SEBI’s guidelines. Check for the app ratings and reviews on the play store or app store, and go with more reliable names. If the app is transparent about its fee structure and registered with SEBI, then it is trustworthy.

How can I start investing money fast?

You can start investing money through any of the investment apps. They all have paperless KYC that allows you to start investing in no time.

How do I start investing?

If you are new to investing, it’s better to invest in mutual funds. It will give you equity exposure and help you understand the markets. You can start investing through any app that allows you to invest in mutual funds.

Where can I earn money online?

You can make money by investing. Investing helps your money work for you. All you have to do is start investing in mutual funds and stocks through any of the investing apps to start accumulating wealth.

How do I begin to invest?

You can begin your investing journey in India with any of the best investing apps mentioned above. All of them help you reach your financial goals. However, it is important to choose investments carefully. Invest only in those securities that align with your goals and risk tolerance levels. Assess your resources and goals before investing. Many investing apps help you invest based on your goals.