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Is it safe to invest in mutual funds through ETMONEY app?

Posted on November 26, 2020 by Author

Table of Contents

  • 1 Is it safe to invest in mutual funds through ETMONEY app?
  • 2 Which is better ETMONEY or Kuvera?
  • 3 Is it possible to invest in AMC through an app?
  • 4 How much does etetmoney cost?

Is it safe to invest in mutual funds through ETMONEY app?

You can trust these apps without much worry and invest through them. Whenever you invest in funds through Groww, ETMoney, Paytm Money, Coin by Zerodha, or any other available apps, neither the money resides with these entities, nor can they keep the money with themselves.

Is ETMONEY better than Groww?

The bottom line. Both Groww and ETMONEY are free apps and offer a great way for users to invest their capital and to grow their wealth. While the Groww app may be suited for beginners in this space, the ETMONEY app overall does offer a lot more additional features and adds more value when compared to Groww.

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Which is better ETMONEY or Kuvera?

When it comes to screening funds using a multitude of criteria, Kuvera wins hands down. Next is ETMONEY also has SIP & Lumpsum-based returns feature for up to 10 years.

How does Etmoney make money?

The Challenge Of India’s Tight Fintech Market With its new services focussed around insurance and loans, ETMONEY is shifting to a commission-based revenue model where the financial service provider pays a certain fee for each new customer. This is in stark contrast to its earlier play of zero-commission mutual funds.

Is it possible to invest in AMC through an app?

Yes, Absolutely, When you invest though app your money is get invested directly with AMC, and even your redemption get processed from there only. ETMONEY is the aggregation that helps you in placing these transaction through app. And the best part you do not need to pay in commission for these transaction with ETMONEY

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Is ETMoney good for investing in mutual funds?

First, ETMoney offers zero-commission investing in mutual funds. That means you can invest in any mutual fund schemes without paying a single penny in commission or brokerage. I have been using ET money for expense management and tracking my Mutual Fund investment and also made some investment using it.

How much does etetmoney cost?

ETMONEY online platform comes in the form of an app that is free to download and use. You do not have to pay any charges for buying units, tracking returns, and redeeming your mutual fund investment.

Is ETMoney safe to use?

To start with, ETMONEY is an app that you can trust for the safety of your hard-earned money. Being a part of the centuries-old Times of India group, the app has the backing of one of India’s largest and strongest companies.

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