6 Apps That Help You Keep Tabs On Your Investments
Apps simplify keeping track of all your investments and help you grow your money quickly. Read on to know the most popular apps for investing in mutual funds.
Our generation thrives on being informed and receiving constant updates. About our finances, we seek the same. The interest rate you earn on a conventional investment, such as a Fixed Deposit, is clearly advertised. Mutual funds, however, have daily access to market data because of their interconnectedness with the market. But how do u remember everything? Learn about the top investment monitoring apps here.
myCAMS
myCAMS provides a comprehensive, PAN-linked picture of your whole investment portfolio. Mutual funds allow you to buy shares to invest in the fund or sell shares to get your money out. Systematic Investment Plans (SIPs) and the ability to move investments between funds are also offered.
Money Control
This investment software is the best because of its many valuable tools. Money Control displays the progress of your stock portfolio and your mutual fund holdings. The app is available in English, Hindi, and Gujarati and features a voice search function for stocks and indexes. Multiple portfolio accounts also make it easy to monitor ULIPs and commodities.
Zerodha
Numerous applications have emerged from fintech platforms to provide investors with direct mutual funds that charge no sales commission. One of these is Zerodha's Coin. The one caveat with these services is that they only keep tabs on your investments on their platform. Using Cryptocurrency as an Investment: You must complete a Know Your Customer (KYC) form online and link your main bank account.
ET Money
You can keep tabs on all your financial transactions, whether made with cash, a traditional wallet, or a digital wallet. Using ET Money, you may invest in stocks, bonds, and even precious metals like gold without touching the paper. The investments you've made outside of the ET Money app will still be tracked. ET Money, like Coin, does not impose a commission fee on mutual fund purchases. You may start investing immediately after becoming verified, and you can do it all online. It allows for both systematic investment plans and lump sums.
Groww
Regarding searching and analyzing mutual funds, the software claims to be relatively straightforward. Pre-made portfolios tailored to different levels of risk aversion are available. Once the Know Your Customer (KYC) procedure is finished digitally, you will be ready to make your first purchase. When you connect Groww to your bank account, you can see how your investments are doing in real-time. You may also use the app to make direct stock market investments. A built-in SIP calculator can evaluate your progress toward financial objectives.
Paytm
This service is a relative newcomer in the market for monitoring and investing funds. Inclusion in the Paytm Wallet app has contributed to its rise to prominence. However, this program may be downloaded independently of the wallet. Transferring investments from one platform to another is just one of the many convenient features offered by Paytm Money.
