Instead of a sale pitch, i would rather give you a 10-point framework for judging what a good mutual fund app ought to be:

  1. Convenient - easy login, easy import of portfolio.

  2. Secure - encryption, two factor authentication.

  3. Safe - not hold your money at any point (i.e. no pooling).

  4. Wide Choice - Partnership with a large number of AMCs.

  5. Strong Advisory - Mere transactions are not just enough. An app is as good as the advisory experience it brings. So the people behind the app and company are crucial. Someone with a solid industry background and who know both the Fin and Tech part really well.

  6. Strong Analytics: Sound and scientific selection methodology for the funds. Ability to personalise funds to your profile.

  7. Versatile: Ability to do not just investment and redemption but also SIPs, STPs, SWPs etc.

      8.Manage entire portfolio: Track funds that are not only invested through the app, but else where too. One Portfolio view is quite helpful.


      9.Reasonable pricing - Never believe in “FREE” gimmicks as you would end up paying more in the long run. Apps that don't offer “Direct Plans” are actually taking away 40% of your long term portfolio. Apps that don't have a pricing plan might be misusing your information in some other way.

    10.Product Stamina - App that has a clear product roadmap and has a team that is built to last.