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Personal Loan

Explore India's largest collection of unbiased personal loan reviews. All personal loan reviews are unpaid and the rating provided by us is completely objective. Compare the pros, cons, special features and various fees associated with personal loans.

Aditya Birla Money Mutual Funds Investment App Review

Any Indian Individual/Corporate/ NRI can apply

Aditya Birla Money Mutual Funds Investment App Review
  • Brand Reputation: Aditya Birla Group is a well-established financial conglomerate with a strong track record.

  • Fund Management Expertise: ABMF has experienced fund managers who manage various investment strategies across asset classes.

  • Diverse Fund Selection: ABMF offers a wide range of equity, debt, hybrid, and solution-oriented mutual funds to cater to various investment goals and risk appetites.

  • Direct Plan Availability: You can invest directly in ABMF schemes through their website or mobile app, eliminating distributor fees and potentially leading to higher returns.

Pros

  • Limited Choice: You're restricted to ABMF schemes, excluding funds from other AMCs that might better suit your needs.

  • Potential Bias: Research and promotional material might favor ABMF schemes. Conduct your own research to compare them with alternatives.

Cons

TradeSmart Mutual Funds Investment App Review

Any Indian resident can apply.

TradeSmart Mutual Funds Investment App Review
  • Wide Fund Selection:  Access a broad range of mutual funds from various AMCs, allowing for diversification across fund houses and investment styles.

  • Convenience: Invest and manage your mutual fund portfolio directly through the app, eliminating the need to visit multiple AMC websites.

  • SIP Support:  Set up and manage Systematic Investment Plans (SIPs) for disciplined long-term investing.

  • Research Tools (may vary):  The app might offer research reports, market analysis, and fund recommendations to aid your investment decisions.

Pros

  • Limited Advisor Support: As a discount broker, Tradesmart might not provide extensive personalized investment advice within the app.

Cons

Reliance Securities Mutual Funds App Review

Any Indian Individual/Corporate/ NRI can apply

Reliance Securities Mutual Funds App Review
  • Wide Fund Selection:  Choose from a variety of mutual funds across AMCs, allowing you to diversify your portfolio.

  • Convenience: Invest and track your holdings on a single platform (Reliance Securities) instead of visiting multiple AMC websites.

  • Investment Options:  Reliance Securities facilitates lump sum investments and Systematic Investment Plans (SIPs) to suit your investment style.

  • Research and Recommendations: Reliance Securities might offer research reports, model portfolios, and mutual fund recommendations to aid your decision-making (though this may vary depending on their offerings).

Pros

  • Focus on Partner AMCs:  The app might prioritize funds from AMCs that have a partnership with Reliance Securities. This could limit your exposure to other potentially good options.

Cons

myCAMS Mutual Funds App Review

Any Indian resident can apply.

myCAMS Mutual Funds App Review
  • Apps allows you to maximize your tax saving through tax harvesting features. 

  • App offers unique features such as voice command. 

  • You can schedule buy/sell transaction for future. 

  • Low investment charge of INR 100 per mutual fund scheme.

Pros

  • Dated old style look and feel of the app. 

  • Research tools offered by MyCams app have limited functionality in comparison to new age competitors. 

Cons

Dhan Mutual Funds Investment App Review

  • Any individual Indian Citizen over age of 18. 

Dhan Mutual Funds Investment App Review
  • Zero commission fees:Unlike many other brokers, Dhan charges no commission fees for investing in mutual funds. This can save you a significant amount of money, especially if you are making large investments or investing regularly.

  • Easy to use platform: Dhan's platform is user-friendly and makes it easy to invest in mutual funds. You can browse different schemes, compare them, and invest in just a few clicks.

  • Advanced tools and research: Dhan offers a variety of tools and research resources that can help you make informed investment decisions. These include stock screeners, fundamental analysis reports, and technical charts.

  • Focus on long-term investors: Dhan offers a number of features that are beneficial for long-term investors, such as SIP (Systematic Investment Plan) capabilities and portfolio tracking tools.

Pros

  • Limited selection of mutual funds: Dhan does not offer all mutual funds that are available in India. This means that you may not be able to invest in the specific scheme that you want.

  • New platform: Dhan is a relatively new broker, and its platform may not be as established or reliable as some of the more well-known brokers.

Cons

Axis Direct Mutual Funds Investment App Review

Any Indian resident can apply.

Axis Direct Mutual Funds Investment App Review
  • Direct Mutual Funds:  Axis Direct prioritizes direct mutual funds, allowing you to earn higher returns due to lower expense ratios potentially.

  • Convenience: Invest and manage your mutual fund portfolio directly through the app, eliminating the need to visit multiple AMC websites.

  • SIP Support:  Set up and manage Systematic Investment Plans (SIPs) for disciplined, long-term investing.

  • Research and Analysis Tools:  The app might offer research reports, investment ideas, and portfolio analysis tools to help you make informed decisions (availability may vary).

  • Simple and User-friendly Interface:  The app is designed to be easy to navigate, even for beginners.

Pros

  • Limited Investment Options:  While offering a wide range of funds, Axis Direct might not include all mutual funds available in the market.

  • Limited Customer Support for Investment Advice:  As a discount broker, Axis Direct might not provide extensive personalized investment advice within the app.

Cons

Sharekhan Mutual Funds Investment App Review

Any Indian resident can apply.

Sharekhan Mutual Funds Investment App Review
  • Zero Commission & Transaction Fees: Sharekhan claims no commission or transaction fees for mutual fund investments. This can be a significant advantage, especially for frequent investors or those with smaller portfolios.

  • User-Friendly Interface: The Sharekhan app is known for being easy to navigate, making it suitable for both beginners and experienced investors.

  • Goal-Based Investment Tool (NEO): This special feature helps you create a customized investment plan based on your financial goals and risk tolerance.

Pros

  • Limited Research Tools: Compared to some competitors, Sharekhan might have fewer in-depth research resources on individual mutual funds.

Cons

Arihant Capital Mutual Funds Investment App Review

Any individual or non-individual can apply.

Arihant Capital Mutual Funds Investment App Review
  • Wide Fund Selection (may vary): The app might offer a broad range of mutual funds from different AMCs, allowing you to diversify your portfolio across various fund houses and investment styles.

  • Convenience: Invest and manage your mutual fund holdings directly within the Arihant Capital app, eliminating the need to visit multiple AMC websites.

  • Investment Options: The app might facilitate both lump sum investments and Systematic Investment Plans (SIPs) to suit your investment strategy.

  • Research and Recommendations (may vary): Arihant Capital might offer research reports, model portfolios, and mutual fund recommendations within the app to aid your decision making.

Pros

  • Does not offer Direct Plans:  As a distributor, their app might prioritize recommending funds where they earn commissions (regular plans) instead of lower-cost direct plans. Be mindful of this and explore the expense ratios of different plan options.

  • Potential Bias: Research recommendations within the app might favor funds from AMCs with whom Arihant Capital has partnered.

Cons

Master Trust Mutual Funds Investment App Review

Any individual/ NRI/ corporate

Master Trust Mutual Funds Investment App Review
  • Wide Fund Selection:  Master Trust allows you to choose from a variety of mutual funds offered by different AMCs. This enables diversification across fund houses and investment styles.

  • Convenience:  Invest and manage your mutual fund portfolio directly through Master Trust's platform, eliminating the need to visit multiple AMC websites.

  • SIP Support (may vary): The platform might allow you to set up and manage Systematic Investment Plans (SIPs) for disciplined long-term investing.

  • Potential for Research and Recommendations (may vary): Master Trust might offer research reports, model portfolios, and recommendations to assist you in choosing mutual funds.

Pros

  • No In-house Mutual Funds: There are no Master Trust-specific mutual funds available. You're limited to what other AMCs offer through their platform.

  • Focus on Regular Plans: Master Trust might prioritize offering regular mutual funds, which come with higher expense ratios compared to direct plans. This can affect your potential returns.

Cons

Choice India Mutual Funds Investment App Review

Any individual/ NRI/ corporate

Choice India Mutual Funds Investment App Review
  • Wide Fund Selection: Choice India's platform might offer a variety of mutual funds from different AMCs, allowing for diversification across fund houses and investment styles.

  • Convenience: Invest and manage your mutual fund portfolio directly through Choice India's platform, eliminating the need to visit multiple AMC websites.

  • Potential for Research and Advisory (may vary): Choice India might offer research reports, model portfolios, or advisor recommendations to help you choose funds. 

  • SIP Support: The platform might allow you to set up and manage Systematic Investment Plans (SIPs) for disciplined long-term investing.

Pros

  • No Choice India Mutual Funds: There are no Choice India-specific mutual funds available. You're limited to what other AMCs offer through their platform.

  • Focus on Regular Plans: Choice India might prioritize offering regular mutual funds, which come with higher expense ratios compared to direct plans. This can affect your potential returns.

  • Limited Research Tools (possible): Compared to dedicated mutual fund platforms, Choice India's platform might have limited research tools for in-depth analysis of funds.

Cons

Kotak Securities Mutual Fund App Review

Any Indian resident above 30 can apply.

Kotak Securities Mutual Fund App Review
  • Convenience and Platform Access: Kotak Securities offers a user-friendly platform to browse, invest, and track your mutual fund holdings. This eliminates the need to visit multiple AMC websites or physical branches.

  • Wide Fund Selection:  You get access to a variety of mutual fund schemes from different Asset Management Companies (AMCs). This allows you to diversify your portfolio across various asset classes and investment styles.

  • Investment Options: Kotak Securities facilitates both lump sum investments and Systematic Investment Plans (SIPs). SIPs are a convenient way to invest regularly with a fixed amount, promoting disciplined investing.

Pros

  • Limited Role: Kotak Securities acts as a distributor, not a fund manager. They don't manage the actual mutual funds, so the performance depends on the chosen AMC's expertise.

  • No Direct Plans:  Kotak Securities primarily offers regular plans, which typically have higher expense ratios compared to direct plans. Direct plans eliminate commissions paid to distributors, potentially leading to slightly better returns for you. 

Cons

Motilal Oswal Mutual Fund App Review

Any Indian resident and NRI can apply.

Motilal Oswal Mutual Fund App Review
  • Offers in-house expert-managed mutual fund schemes. 

  • Free AMC on DEMAT Account.

  • Dedicated platform for Mutual Funds and PMS Investments.

  • Personal Advisory for Personalized Investment.

Pros

  • Potentially Higher Expense Ratios: Regular plan expense ratios in Motilal Oswal might be higher than some competitors' direct plan offerings. Higher expense ratios can eat into your returns over time.

  • Platform Dependence: If you invest through Motilal Oswal's platform, you may have limited access to research tools and investment features compared to dedicated investment platforms.

Cons

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