If you are looking to invest in mutual funds from the comfort of your home, a host of apps can help you do this. In situations like the Covid-19 lockdown, when physical submission of documents is not possible, an app may be the best alternative.
If your know-your-customer (KYC) process isn’t done, then don’t worry. This can be done in an end-to-end online process in most of the apps mentioned below through webcam.
Before we tell you about the apps, note these two things. First, your money is invested through the app into mutual funds. These funds are held in your name.
If the app (or company behind it) goes out of business, you do not lose money. It just becomes an inconvenience, because you then need to find another app or mechanism to