Best Direct Mutual Fund App In India 2020

What is Direct Mutual Fund : 

Direct Mutual Fund is a Plan where you can invest directly in a scheme of a Mutual Fund AMC (Assets Management Company) at a low cost. The direct plans are cheaper than the regular plans because you will be saving costs in terms of paying commission to intermediaries. Direct MF Gives High Return Compare To Regular Plan. The difference in returns On Both Plans seems to be as low as 0.25% which can go up to 1%. Some Direct MF App Gives 1% Higher Return Than Other MF App.

Below Is the List of Some Mutual Fund App That I Personally Use : 

1) Groww :

Groww app is one of the fastest-growing apps in the Indian mutual fund industry And it has a clean user-interface. This app helps in investing in mutual funds free of cost and is pretty simple to use with no paperwork and hassles. Minimum Investment is ₹100 in this app. All mutual funds information is available in just one investment app. Groww app also allows everyone to invest in direct mutual funds with zero commission and offers an additional saving up to 1.5% compared to regular plans And it gives you Extra 1% Return on your Investment.

Key Features : 

• Account Opening Fees.  : Free
• KYC Verification             : YES
• Commission Charges.   : ₹0 
• Minimum Investment.   : ₹100
• Service Provide.              : Direct MF, ELSS, NFO
• Mode of Deposit.            : UPI, Net Banking, Debit Card
• Mode of Withdraw.         : Bank Transfer (NEFT and IMPS)
• EXTRA 1% RETURN.       : YES
• Google Play Rating.        : 4.6 out of 5.0
• Total Download.              : 5 Million+

Click Below To Open Account Now 👇👇

2) ET-Money :

ET-MONEY is another fastest growing App in the Indian Mutual Fund Industry. It was developed By a group of IITians and Designer with Deep knowledge in technology, Mobile and Financial Services. Under the Big Brand Economic Times. This app is a one-stop solution for all your Investment. It has an Expense tracker to Help and track all your Investment.

Key Features : 

• Account Opening Fees.  : Free
• KYC Verification              : YES
• Commission Charges.   : ₹0 
• Minimum Investment.   : ₹100
• Service Provide.              : Direct MF, ELSS, NPS
• Mode of Deposit.            : UPI, Net Banking, Debit Card
• Mode of Withdraw.         : Bank Transfer (NEFT and IMPS)
• EXTRA 1% RETURN.       : YES
• Google Play Rating.        : 4.5 out of 5.0
• Total Download.              : 5 Million+

Click Below To Open Account Now 👇👇

3) Angel Broking:-

Angel Broking is a Discount Broking App Which also provides Mutual Fund Services. We already discussed Angel Broking. Click Here to know the detailed Post about Angel Broking.

Key Features : 

• Account Opening Fees.  : Free
• KYC Verification              : YES
• Commission Charges.   : ₹0 
• Minimum Investment.   : ₹500
• Service Provide.              : Direct MF, ELSS
• Mode of Deposit.            : UPI, Net Banking, Debit Card
• Mode of Withdraw.         : Bank Transfer (NEFT and IMPS)
• EXTRA 1% RETURN.       : NO
• Google Play Rating.        : 4.0 out of 5.0
• Total Download.              : 1 Million+

Click Below To Open Account Now 👇👇

4) 5paisa : 

5paisa is a Discount Broking App Which also provides Mutual Fund Services. We already discussed 5paisa. Click Here to know the detailed Post about 5paisa.

Key Features : 

• Account Opening Fees.  : Free
• KYC Verification              : YES
• Commission Charges.   : ₹0 
• Minimum Investment.   : ₹1000
• Service Provide.              : Direct MF, ELSS
• Mode of Deposit.            : UPI, Net Banking, Debit Card
• Mode of Withdraw.         : Bank Transfer (NEFT and IMPS)
• EXTRA 1% RETURN.       : NO
• Google Play Rating.        : 4.0 out of 5.0
• Total Download.              : 1 Million+

Click Below To Open Account Now 👇👇

5) Paytm Money :

Paytm Money is another Direct MF App which is Offered By Paytm Group. It is One of the most Trusted Mutual Fund companies in India which gives up to 1% Extra Return on Direct Mutual Fund Investment. It didn't Charge any commission or Extra charges on buying and selling of direct Mutual Fund plans.

Key Features : 

• Account Opening Fees.  : Free
• KYC Verification              : YES
• Commission Charges.   : ₹0 
• Minimum Investment.   : ₹100
• Service Provide.              : Direct MF, ELSS, NPS
• Mode of Deposit.            : UPI, Net Banking, Debit Card
• Mode of Withdraw.         : Bank Transfer (NEFT and IMPS)
• EXTRA 1% RETURN.       : YES
• Google Play Rating.        : 4.5 out of 5.0
• Total Download.              : 5 Million+

Click Below To Open Account Now 👇👇

Below Is the List of documents required when you register on Mutual Fund App : 

KYC Documents : 

• Phone Number and Email ID
• PAN CARD
• Adhar Card, Passport Or Voter ID As an Address Proof
• Bank Account Number and IFSC Code
• 6 Months Bank Statement Or Cancel Check Book
• Selfie Photo
• Signature Written on a Blank Paper

Mode of payment and withdraw : 

• NEFT
• IMPS
• NET BANKING (only For Deposit)
• DEBIT CARD (only For Deposit)

If you have any queries or Suggestions than contact Us on (investtherapy@gmail.com).

You can Subscribe To our Blog By Your Email Address To Get notification of New Post (Subscribe our Blog

From the Below Box and Don't forget to Verify Your Email)