Investing your money can be a great way to grow your wealth and secure your financial future. However, with so many investment options available, it can be challenging to find the right one for your needs. One popular investment option that many people turn to is Systematic Investment Plan (SIP). SIPs allow you to invest small amounts of money regularly, helping you accumulate wealth over time. If you’re an Android user looking for the best SIP investment app, you’re in luck. In this article, we’ll explore some of the top SIP investment apps available for Android and help you choose the right one for your needs.
Contents
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10 Best Sip Investment App For Android
- 1. ABSLMF Investor App
- 2. Angel BEE – Mutual Funds, SIP
- 3. Axis Mutual Fund: SIP, ELSS MF
- 4. Bajaj Finserv: UPI, Pay, Loans
- 5. CashRich Mutual Fund App India
- 6. Coin by Zerodha
- 7. ET Money: Mutual Funds & SIP
- 8. Finity : Stocks Direct MF ETF
- 9. Fisdom: Stocks, Demat & IPOs
- 10. FundsIndia: Mutual Funds & SIP
10 Best Sip Investment App For Android
Below is a compiled list of 10 Best Sip Investment App For Android for your consideration, which have undergone rigorous testing and evaluation by our team of experts.
1. ABSLMF Investor App
The ABSLMF Investor App is a mutual funds app designed to provide a hassle-free investing experience. It offers a wide range of mutual fund products for investments, including equity, debt, hybrid funds, and other schemes. By using the app, investors can easily make SIP or one-time investments through a few simple swipes. The app aims to offer a world-class experience for the investors of ABSLMF anytime/anywhere. The use of the app makes the whole process of investments in mutual funds simpler, fast, and paperless. The app further enhances the mutual fund investment experience for existing investors. By downloading the app, investors can make mutual fund investments on the go, initiate all types of transactions, view their portfolio holdings, and request an account statement, among other features.
2. Angel BEE – Mutual Funds, SIP
The all-in-one investment app, Angel BEE, offers a one-stop solution for mutual fund investment needs. The app was awarded Best Mobile App for Mutual Fund Investments of the year at India BSE-CEO Weekend 2018. Users can invest smartly, achieve their goals, and save on taxes through the app. All recommendations are backed by ARQ, which picks out the best funds across Equity Schemes, Debt Schemes, Balanced Schemes, and ELSS Schemes. Users can invest instantly, track their portfolio, define their goals, and save big on taxes. The Angel BEE investment app allows investments in Axis Mutual Fund, Aditya Birla Sun Life Mutual Fund, L&T Mutual Fund, ICICI Prudential Mutual Fund, Kotak Mutual Fund, HDFC Mutual Fund, SBI Mutual Fund, Invesco Mutual Fund, Reliance Mutual Fund, UTI Mutual Fund, and IDFC Mutual Fund. There are no charges for using the investment app.
3. Axis Mutual Fund: SIP, ELSS MF
The official mobile app of Axis Mutual Fund is available for investors to make fast, simple, and paperless investments. It enables new, first-time, and existing investors to invest anywhere and anytime without the need for re-registration. The app offers a platform to invest in multiple mutual fund categories and allows seamless investments in NFOs offered by Axis Mutual fund. Features include cart functionality, instant redemption for liquid funds, intuitive portfolio holding view, and more. The app requires permission for location, SD card data, and device ID tracking for security purposes. Mutual Fund investments are subject to market risks, so investors must read all scheme-related documents carefully.
4. Bajaj Finserv: UPI, Pay, Loans
The Bajaj Finserv app simplifies bill payments and manages financial needs. Instant personal loans are available at affordable interest rates for professionals and self-employed individuals with minimal documentation. Mobile recharge, DTH, and bill payments can be made via UPI payment and wallet. The app also allows for online shopping with Easy EMIs, access to credit cards, and investment and insurance options. In-app programs offer discounts on flights, hotels, and more.
5. CashRich Mutual Fund App India
The only Mutual Fund App in India with a Dynamic SIP option for higher returns compared to normal SIPs is CashRich. During the period prior to February 2020, the equity allocation was 10-20% according to the Dynamic SIP model, and it increased to 70-80% when the share market crashed in March 2020. CashRich app has already received crores of rupees from thousands of users who trust this app. The app provides relevant recommendations based on the user’s profile and needs, and security is given priority, with a partnership with Yoti for facial recognition. The Dynamic SIP option provides better portfolio diversification and higher returns. The app supports Hindi, and other languages will be added soon. Some of the fund houses in which users can invest are Axis Mutual Fund, HDFC Mutual Fund, and Reliance Mutual Fund. The unique Dynamic SIP option is only available in this app and not in other similar apps like myCAMS or ET Money. If users face any difficulties with the app, they can contact support at support@cashrich.com.
6. Coin by Zerodha
Commission-free direct mutual fund schemes across 40 fund houses can be invested in by over 2.5 lakh investors who have invested over 4500 crores. SIPs can be created, paused, and modified anytime without any hassle. Fund discovery can be made easier through easy-to-navigate themes, fund categories, and scheme details. Detailed information on the weights of underlying securities and sector-wise data can be viewed through scheme holdings. Fund managers’ philosophy can be understood through short videos in fund house views. Tax can be saved under Section 80C by investing in ELSS funds and a one-click statement is provided to file taxes. Purchase orders can be funded instantly through UPI payments and automated fund transfers can be created through eMandates for SIPs. Various other features include viewing curated schemes, annualized and absolute returns, and holding mutual funds in demat form make it easier to pledge as collateral for a loan against securities and margin for trading in derivatives and stocks. The service is provided by Zerodha, a member of NSE & BSE, with SEBI Registration no.: INZ000031633 and depository services through Zerodha Securities Pvt. Ltd with SEBI Registration no.: IN-DP-431-2019.
7. ET Money: Mutual Funds & SIP
ET Money is an app for mutual fund investment and personal finance management in India. Mutual fund investments with ET Money are fast, easy, paperless, and secure. The app supports all UPI payment apps and enables one-tap payments through NPCI emandate and net banking for mutual fund investments via SIP/Lumpsum. ET Money allows investors to invest in different mutual funds, including equity, ELSS, small-cap, large-cap, balanced, gold, sector, or international funds, all from one mutual fund app. The app also offers mutual fund portfolio tracking and health reports, expense tracking, guaranteed and fixed returns with Bajaj Finance Fixed Deposits, and retirement planning with NPS. ET Money can help analyze categorized expenses and offers the biggest tax saving of ₹78,000, including ELSS Mutual Funds, Life Insurance, NPS investment, and Health Insurance.
8. Finity : Stocks Direct MF ETF
Finity’s all-in-one online investment app is designed for every Indian investor, offering investment and trading options in a wide range of products, including mutual funds, ETFs, stocks, IPOs, futures, and options. The app provides direct mutual funds investment at zero commission, and users can open a single Demat Trading Account for both mutual funds and stocks. Finity also has an exclusive section for passive investing, where investors can sort index funds based on expense ratio and tracking error. The app aims to make investments cost-effective and easy, with minimum paperwork and zero hassles. It offers data-driven wealth management solutions that accelerate the growth and diversification of users’ wealth and provides investment advisory to customers, keeping their financial well-being in mind. With Finity, users can start an online SIP investment at as low as ₹100 and track all their investments, annualized returns, and total returns on a dashboard. The app is 100% bank-grade secure with SSL encryption and provides access to tools and utilities like tax calculator, risk analyzer, financial health check, and more.
9. Fisdom: Stocks, Demat & IPOs
Stock investing with Fisdom is made easier, smarter, and better for every Indian investor through our all-in-one share market app. A product universe is available, allowing for investment and trade in various products with competitive pricing. Access markets anytime, anywhere, and open trading and demat accounts on the go. Fisdom offers advanced features and tools built for traders and investors, providing data-driven wealth management solutions. Investment is made easy and hassle-free with Fisdom, a trading and investment app. It is registered with AMFI & SEBI and all mutual fund companies and offers a simple and intuitive app built for beginners and experts. 100% digital KYC powered by DigiLocker is available, with no transaction or platform fees, no hidden charges, and access to stocks and other primary products. Multiple payment modes are supported, and 100% bank-grade security with SSL encryption ensures safety.
10. FundsIndia: Mutual Funds & SIP
The FundsIndia app allows for easy investing in various financial products such as mutual funds, equities, fixed deposits, and more. Users can enjoy a hassle-free and paperless experience with zero fees while receiving assistance from financial coaches. The app provides a user-friendly interface for mutual fund investing and offers expert assistance in building portfolios and financial planning. FundsIndia also offers access to the derivatives market and tax saving mutual funds such as ELSS Fund. The platform ensures bank-level security for all transactions and offers monitoring and management of investments on a convenient dashboard. The app offers a list of top mutual funds such as SBI, HDFC, and ICICI.