2. Groww
Groww stands out not just for its user-friendly interface but for its vast user base, boasting over 59 million customers (As of FY 23-24).
Services:
- Specialised in mutual fund investments.
- Covers ETFs, SGBs, IPOs, Futures and Options, and commodities.
- Zero-cost entry into US stock markets.
Platform: Available on both the App Store and Play Store.
Fees: No account initiation or maintenance charges. A minimal transaction fee of ₹20 or 0.05% per order (whichever is lower).
App Availability: Android and IoS.
Ratings:
- 4.4-star rating on Play Store.
- 4.3-star rating on App Store.
Read: Investing 10 lakhs to get monthly income
3. Kite by Zerodha
Founded by the esteemed Kamath brothers, Zerodha stands as India’s premier discount broking platform, boasting a significant clientele of over6.3 millionusers.
Features:
- A continuous live stream of stock price updates.
- Seamless user interface, suitable for both beginners and experienced traders.
- Direct IPO applications at your fingertips.
Services:
- Extensive platform for equity intraday and delivery trading in the stock market.
- Direct investments in mutual funds without any commission charges.
- Provides up to 20X leverage for intraday trading.
Fees:
- Account initiation: ₹200.
- Annual maintenance: ₹300.
- Brokerage: ₹0 for equity delivery and ₹20 for intraday trades.
App Availability: Android and IoS.
Ratings:
- 4.1-star rating on Play Store.
- 3.4-star rating on App Store.
You must know where to invest money in India
4. Upstox Pro – Stocks & Demat Account
Upstox PRO is not just popular but also one of the best stock market app in India. Backed by Tiger Global, offers a myriad of investment and trading options encompassing stocks, commodities, currencies, and mutual funds.
Features:
- Invest in mutual funds, stocks, gold, IPOs, and more; mutual funds are commission-free.
- Trade in stocks, derivatives, currency F&O, and commodities F&O.
- Advanced charting with 100+ indicators and a comprehensive market watch.
Fees:
No account opening charges.
Equity delivery: 2.5% or ₹20.
Equity intraday: 0.05% or ₹20.
Annual maintenance: ₹150 + GST.
App Availability: Android and IoS.
Ratings: 4.3-star rating on both Play Store andApp Store.
Know which is the most profitable business in India
5. Angel One: Stocks, Mutual Fund
Angel One (previously Angel Broking) is a full-service brokerage application. The app champions a seamless single-window design, ensuring swift order execution complemented by real-time stock updates.
Features:
- Optimises trading with a single-window efficient layout.
- Live streaming of trade rates for instant trading actions.
- Stay updated with immediate news alerts and stock reports.
Services:
- Engage in equity, commodity, currency, and margin trading.
- Explore diverse mutual fund investment avenues.
Fees:
- Account Initiation and maintenance is absolutely free.
- ₹0 for equity delivery and either ₹20 or 0.25% (whichever is lower) for equity intraday.
App Availability: Android and IoS.
Ratings: 4.1-star rating on Play Store andApp Store.
Read this complete blog if you want to know which is the best investment plan in India for middle class
6. 5 Paisa
5 Paisa is a publicly traded burgeoning platform. Bridging the gap between investors and traders, it facilitates investments in stocks and mutual funds alongside commodity and currency trading.
Features:
- Goal-focused advisory with free news and research access.
- Real-time market data and stock quotes.
- Zero-commission US stocks via Vested partnership.
- Multiple watchlists, unlimited price alerts, and advanced charts.
Fees:
- Open an account for free.
- Commission-Free
- A straightforward fee of ₹20 for both equity delivery and intraday trades.
App Availability: Android and IoS.
Ratings:
- 4.3-star rating on Play Store.
- 4.2-star rating on App Store.
Know: Best investment assets
7. ET Money: Mutual Funds & SIP by Times Internet Limited
A product of Times Internet and renowned Economics Times publication, ET Money stands out as an award-winning finance application.
Key Features:
- Invest in top-rated mutual funds via SIP/Lumpsum.
- Offers 0% commission investments.
- Dashboard for all past investments.
- Auto-categorised expense tracker.
- One-tap payments through various UPI apps.
Services:
- Investments in ELSS mutual funds, Fixed Deposits, and NPS.
- Life, Health, and Medical Insurance policies.
- Retirement planning with NPS.
- Portfolio tracking and health report.
Fees:
- Zero commission for Direct Mutual Fund investments.
- Exclusive tax-saving opportunities.
App Availability: Android and IoS.
Ratings:
- 4.4-star ratingon Playstore.
- 4.5-star rating on App Store.
Explore: Best investment plan for 1 year
8. Piggy – Mutual Funds App by Valuevest
Piggy by Valuevest provides a comprehensive platform for investing in direct mutual funds across various fund houses in India, promising higher returns with zero hidden costs.
Features:
- Gain up to 1.5% extra returns compared to other distributors.
- Smartly save to earn more than a regular savings account.
- Detailed analysis and goal-based investing insights.
Services:
- Tax Savings: Start SIP in tax-saving mutual funds and save under section 80C.
- Piggy PREMIER: Expert advisors offer fund suggestions based on performance analysis.
- Payment Options: Choose from 5 modes, including UPI and NEFT.
Fees: Absolutely no commissions or transaction fees on mutual fund investments.
App Availability: Android and IoS.
Ratings:
- 3.9-star rating on App Store.
- 5-star rating on Play Store.
Explore: Best investment plan for 5 years
9. Coin By Zerodha
Coin by Zerodha provides a platform for commission-free direct mutual fund investments across 40 fund houses.
Features:
- Flexible SIP management: Create, pause, modify.
- Easily navigate through fund themes and details.
- Access weights of underlying securities and sector data.
- Videos explaining fund management philosophy.
- Invest in ELSS funds and get one-click tax statements.
Services:
- Annualised and absolute returns display.
- Mutual funds in demat form, facilitating pledges and margin trading.
Fees: Commission-free direct mutual fund schemes.
App Availability: Android and IoS.
Ratings:
- 4.2-star rating onPlay Store.
- 3.2-star rating on App Store.
Know: How to Invest 50 Lakhs for Monthly Income
10. Paytm Money: Stocks, MF, IPO
Paytm Money offers an integrated platform for equity investment and wealth management, catering to over 21 million investors.
Features:
- Stock SIP: Periodic small investments in stocks.
- Advanced Trade Orders: GTT OCO, Cover Order, Bracket Order.
- Trade with voice commands for all listed stocks and F&O.
- Advanced charting software for market trends.
Services:
- Access to Mutual Funds starting at ₹100.
- Real-time F&O analytics.
- Simplified Options Trading for Nifty and Bank Nifty.
- National Pension System (NPS) investments.
Fees: 0 Brokerage for the first 15 days on all Equity & F&O orders, then ₹15 per trade.
App Availability: Android and IoS.
Ratings:
- 3.8-star rating on Play Store.
- 4.5-star rating on App Store.
Simplify Finance with an Investmentment App
With a surge in digitisation, India’s financial ecosystem has evolved rapidly, presenting investors with diverse platforms to cater to their varied needs. From stock trading to peer-to-peer lending, the best investment apps in India today offer convenience and various tools to make informed decisions.
As always, while the choices are aplenty, prudent research and understanding of individual investment goals are paramount. Choose an app that best suits your investment needs and goals.
