7 best SIP apps in India

A Systematic Investment Plan or SIP is the best way to invest in equity mutual funds and enjoy the fruits of good returns over a long period. A SIP (systematic investment plan) is a method of investing in mutual funds where you make multiple periodic smaller payments instead of a lump sum. Currently, there are many SIP apps in the market that facilitate investments in mutual funds. A SIP app allows you to keep tabs on your account and make regular payments to a fund of your choosing. If you are looking to invest in mutual funds online, here is a list of the top SIP apps.

MyCams App

• A single platform allows you to access several mutual funds.
• Purchase, sell and switch between mutual fund schemes through this SIP app.
• Invest lump sum in mutual funds.
• Track mutual funds in saved under ‘My Watchlist’.
• Allows eKYC using Aadhaar Card
• Allows investment through SIPs

HDFC MF Mobile App from HDFC Mutual Funds

• Access your mutual fund portfolio.
• View the Net Asset Value (NAV) of your portfolio.
• Invest, sell and switch between mutual funds offered by HDFC Mutual Funds Scheme.
• Limited to investors of HDFC Mutual Funds Scheme

IPRUTouch App

• It is available for ICICI Prudential Mutual Fund distributors as well as investors.
• Check capital gains in your account.
• Sell and invest in mutual funds units online.
• Allows investment through SIP, SWT and STP routes
• Limited to ICICI Prudential Mutual Fund Scheme

GoMF App

• You get a Common Account Number.
• You can invest in or redeem mutual funds.
• Investments can be made through SIP, SWT and STP routes
• View and transact unit holdings online.

Angel Bee App by Angel Broking Limited

• Easy access to all your mutual investments
• Instant download and set-up that takes around a minute to complete
• The app uses artificial intelligence to predict market patterns and recommend the best investments for you.
• In-built financial planner to help you track your financial goals
• Online KYC verification

FinGo App

• Gives you information and helps you post queries on Sun Life Mutual Funds schemes.
• Allows you to view real-time statements of your account
• Invest in mutual funds online through this app.
• Get updates on dividends and NAV.

InvesTap Mutual Fund App

• Helps you plan your investment according to your financial goals.
• Inbuilt SIP calculator helps you predict your SIP returns.
• Browse through various schemes and track them.
• Sell and invest in mutual fund online through this app.
• Uses PAN to initiate investments.
• Real-time NAV updates and investment tips.

A good SIP app should help you manage your investments with the efficiency of a professional. It will also give you updates about the various offers that you can avail and help you make important financial decisions with regards to your investment. Therefore, choosing the correct SIP app plays a crucial role in your achieving your financial goals. So select wisely and make the best of your investment.