10 Services Offered By Investment Apps in India

If you are into investment, you cannot do without an investment app. Knowing the market inside out is the only way you can make the most of your investment. A finance app keeps you constantly updated of the changes that are taking place in the market. They curate the best investments that are suitable for your financial goal and risk profile.

If you are looking to simplify how you start and track your investments, then try an investment app. Here is a list of things an investment app can do for you –

• A finance app will keep you up to date with the latest developments in the market. Besides staying abreast with financial news, it also eliminates the need to research stock market information.
• If you are a beginner, an investment app can be your best friend. It guides you through the intricacies of the market. Some investment apps can also help you learn more about the market through tutorials.
• You can set up your risk profile on the app. This allows it to sort through various investment schemes and suggest the schemes that suit your needs and risk tolerance the best.
• Get real-time notifications on the fluctuations of your stocks and changes in Net Asset Value (NAV).
• Through a finance app, you can easily complete your Know Your Customer (KYC) formalities. It is done either through your PAN number or through Aadhaar Card.
• You can monitor and manage all your investments on a single platform. Making decisions regarding your investments are more convenient as you can view all the details on your dashboard.
• Most finance apps have in-house experts who keep a track of your portfolio and provide advice. Such advice can help you secure higher returns.
• A finance appis generally free.
• You can sign up for a SIP through your investment app and organise your investments. You can use the SIP calculator available on your app to decide the SIP sum and its frequency.
• An investment app eliminates the need for paperwork and secures your portfolio with several secsssurity measures from hacking and malware threats.

The app practically becomes a one-stop shop that takes care of all your financial needs. They are especially helpful if you are a beginner and do not have a substantial initial capital. Even big banks are associating with the top investment apps to encourage more people to jump on the investment bandwagon. So, avail the benefits free of cost and make the most of your investment.