There are plenty of direct mutual funds investment platforms such as Groww, Coin by Zerodha, Kuvera, and others. However, choosing the best would entirely depend upon your requirement and preference.
Direct mutual funds are mutual fund investment opportunities where investors can invest in mutual funds without any middleman or brokerage fee. Meaning any money that goes into a mutual fund requires no additional costs. However, to do so, you need to go through a direct mutual fund investment platform.
While there are plenty of platforms offering this, we have offered you one of the best platforms to have a direct mutual fund investment plan. Check it out.
Online platform for direct mutual fund investment
1. CAMS online
The platform supports more than 12 mutual funds providers and is 100% free in what it has to offer. The overall process for setting up an account is entirely digital while having a dashboard setup of your mutual fund investment. There is a mobile application to track your investments and two-factor authentication for complete security with excellent customer support.
2. Karvy
The platform provides a web-based and mobile application-based investment experience. Through both of these platforms, tracking your direct mutual fund’s investment is possible. The direct mutual fund’s investment opportunities support by the platform is 19. Moreover, you can avail features such as live notifications, viewing all your investment under the dashboard, customer support on omnichannel, and more.
3. Kuvera
The platform has more than 37 mutual find service providers under its belt. Track your entire mutual fund’s portfolio through its platform. It provides an easy and understandable user interface, goal planning features, family account management, and more.
4. Groww
A tech-savvy direct mutual funds platform is relatively new to the game but does the job seamlessly. Its provides explicit features at no cost and offers 17 different mutual funds to invest in. moreover, it’s up to date with the application of the latest security features while incorporating UPI-oriented investment features.
5. Coin by Zerodha
Supporting well over 31 mutual funds service providers, it’s quite the popular investment platform. It offers a unified field where investment in stocks, ETF’s bonds, a mutual fund is possible. The broker also provides investment in direct and regular mutual funds.
Bottom line
There are plenty of direct mutual funds investment platforms in the market. Choosing anyone would suffice. However, the best can vary based on your investment desires and the features you’re looking for. Try them out as they are free to see which platform suits your requirement the most.