Investing your hard earned money on mutual funds can turn out to be risky, especially when you haven’t taken the advice from experts and have just invested your money after going on the sayings of a stupid investor. A small mistake can let you lose your hard earned money. It is always recommended to take an advice from an expert before investing your money on mutual funds and understand the market risks associated with the investment.
There are a number of mutual fund apps available online, but you cannot go with just any app. Not every app is your true friend. We bring you an app tailored for the people who love to invest on mutual funds. ‘Mutual Funds – A Service by IIFL’ is a free application available on PlayStore and AppStore. One can download the app and get free advice and recommendations about investing.
Investors can easily buy/sell/track/monitor and the mutual funds and start investing in Systematic Investment Plan (SIP) after getting proper recommendations from the experts. Not only this, you can learn about the market happenings, recent news, mutual fund schemes, and can track the insights of the mutual funds they have added to watchlist or have purchased them.
Why Choose Mutual Funds – A Service by IIFL?
Mutual Funds – A Service by IIFL is a smart mutual fund investment app for the people looking to invest their money on mutual funds India and earn decent profit in long term. The app is easy to use and navigation friendly. With just a single tap you can connect to its specialists and start getting the suggestions about the investments.
The app is totally secure and doesn’t store any sensitive information about the investor. You can get the in-app support through chat and get the information about queries related to mutual funds and app interface. If these are not enough, there are several more reasons to choose this mutual fund app as your advisor.
Paperless Mutual Fund Account Opening
Gone are the days when you have to open the mutual fund account filling long forms and submitting your id proofs. You can now open the mutual fund account directly from the app interface and submit scanned copies of your ID proof for verification. It’s that easy.
You can buy/sell the funds from top asset management companies and choose between different mutual funds including – equity oriented, debt oriented, and balanced mutual funds. Moreover, one can invest in tax saving schemes like ELSSs (Equity Linked Saving Schemes) and Tax saving mutual funds. The investor can get the insights about the mutual funds on which he/she has invested learning about fund manager, minimum investment amount, performance, fund horizon, and other aspects.
Invest in Systematic Investment Plan (SIP)
The mutual funds app allows you to invest a fixed amount of money on a regular basis on mutual fund scheme keeping the long term perspective in mind. Soon, SIP calculator feature will be added to the app so that the investor can invest smartly on this app.
Stay Up-to-Date with Market Trends
You can get the scheme information, Assets under Management, NAV history, Risk ratings and Performance statistics or mutual funds, ‘Returns since inception to 5-year CAGR’, and other important details. Not only this, the news from the real time market will be flashing on the app interface. You can check the news and get recommendations from the in-app experts to invest your money on mutual funds.
This free mutual fund app allows the investor to make wise choices after viewing the suggestions and recommendations from the expert advisors. The money you invested after going with the advice is at minimal risk. You can definitely expect profit in long term.