Fixed Income Plan
Explore India's largest collection of unbiased fixed income plan reviews. All fixed income plan reviews are unpaid and the rating provided by us is completely objective. Compare the pros, cons, special features and various fees associated with fixed income plans.
Wide Fund Selection: Access a broad range of mutual funds from various AMCs. This allows for diversification across fund houses and investment styles.
Convenience: Invest and manage your mutual fund portfolio directly through the FundsGenie app, eliminating the need to visit multiple AMC websites.
SIP Support: Set up and manage Systematic Investment Plans (SIPs) for disciplined long-term investing.
Research and Advisory (may vary): Geojit might offer research reports, market analysis, and advisor recommendations to help you choose funds.
Pros
No Direct Plans: The primary focus might be on regular mutual funds, which come with higher expense ratios and potentially lower returns than direct plans.
Cons
Direct mutual funds: Upstox offers a platform specifically for investing in direct mutual funds, allowing you to benefit from lower expense ratios.
Wide range of options: They provide access to a vast selection of mutual funds from over 28 Asset Management Companies (AMCs). This offers you a good variety to choose from and cater to your investment goals.
User-friendly platform: Upstox's platform is known for its user-friendliness, making it easy to browse different schemes, compare them, and invest seamlessly.
SIP (Systematic Investment Plan): The platform facilitates setting up SIPs, allowing for disciplined and potentially cost-averaged investments.
Pros
Limited research tools: Compared to some established brokers, Upstox's research capabilities might be limited. You might need to conduct additional research elsewhere to make informed investment decisions.
Limited Physical Presence.
Cons
User-friendly platform (possibility): Share India might have a user-friendly platform for managing your investments, but this depends on user reviews and their website design.
Pros
Limited plan options: Share India only offers regular mutual funds, you'd miss out on the potential benefits of lower expense ratios associated with direct plans.
Cons
Focus on Direct Plans: They exclusively promote direct mutual funds, eliminating the middleman and associated fees.
Wide Range of Options: Despite offering only direct plans, Angel One provides a vast selection of mutual funds from various AMCs, catering to diverse investment goals and risk tolerances.
Zero Commission: They charge no commission for investing in mutual funds, making it a cost-effective platform.
User-friendly Platform: Angel One's platform is known for its user-friendly design, simplifying navigation, research (to some extent), and investment in direct mutual funds.
Pros
Research Tools: While they might offer some basic research tools, in-depth analysis might require using external resources before making investment decisions.
Not a Registered Investment Advisor: Angel One cannot provide personalized investment advice
Cons
Convenience: Integrated directly into the PhonePe app, ShareMarket offers frictionless investing for existing PhonePe users. You can manage your investments alongside your other financial activities.
User-friendly interface: PhonePe is known for its user-friendly design, and ShareMarket likely inherits this simplicity, making it easy to navigate and invest.
Security and trust: Backed by PhonePe's reputation for secure transactions, ShareMarket should provide peace of mind regarding your investments and personal information.
Pros
Limited selection of mutual funds: ShareMarket might not offer the entire universe of mutual funds available in India. You might have fewer options to choose from compared to other platforms.
New platform: Being a relatively new player, ShareMarket's platform might have fewer features or functionalities compared to more established brokers.
Limited investment research: There might be limited investment research tools or resources available directly on ShareMarket, requiring you to conduct your research elsewhere.
Cons
Wide Range of Mutual Funds
A seamless and hassle-free process for placing orders.
A secure and advanced platform
Convenient and user-friendly platform for investors to invest in mutual funds more easily and quickly.
Team of experts who provide guidance and recommendations to make informed investment decisions.
Pros
Limited Options.
Only offers Regular Mutual Fund Schemes
Cons
Direct mutual funds: Coin by Zerodha exclusively offers direct mutual funds, ensuring you benefit from lower expense ratios.
Wide range of options: They provide access to a vast selection of mutual funds from over 40 Asset Management Companies (AMCs), catering to diverse investment goals and risk tolerances.
User-friendly platform: Zerodha's Coin platform is renowned for its intuitive design, making it easy to navigate, research (to some extent), and invest in direct mutual funds.
SIP (Systematic Investment Plan): The platform allows setting up SIPs, enabling disciplined and potentially cost-averaged investments.
Consolidated Portfolio View: You can view all your investments, including mutual funds and stocks, in one place within your Zerodha account.
Pros
Limited research tools: While Coin offers basic research tools, in-depth analysis might require using external resources before making investment decisions.
There's a strict cut-off time (usually around 1:30 pm IST) for placing mutual fund orders on Coin.
Cons
Convenience: The HDFC Sky platform is accessible through their app and web platform, offering flexibility in how you manage your investments.
Wide range of options: They offer a selection of over 2,000 mutual funds from over 29 fund houses. This provides a good degree of diversification for your portfolio.
Access to research: HDFC Sky offers access to research from HDFC Securities, potentially aiding your investment decisions (though it might not be as comprehensive as some dedicated research platforms).
SIP (Systematic Investment Plan): The platform allows setting up SIPs for disciplined and potentially cost-averaged investments.
Pros
Limited to regular plans: Currently, HDFC Sky does not offer direct mutual funds, which typically have lower expense ratios. This might mean slightly lower returns compared to direct plans.
New platform: Being a relatively new platform, HDFC Sky might have occasional technical glitches or require further development in terms of features.
Cons
Educational Resources: Bajaj Finserv, the parent company of Bajaj Securities, offers educational resources to help investors understand mutual funds, including the difference between direct and regular plans. This can be helpful for beginners.
Convenient Platform: You can invest in mutual funds through Bajaj Securities' user-friendly online platform or their mobile app, offering convenience in managing your investments.
Offers Portfolio Management.
Pros
Limited Research Tools: Bajaj Securities' research capabilities might be limited compared to some established brokers. You might need to conduct additional research on specific mutual funds before investing.
Not a Registered Investment Advisor: Bajaj Securities cannot provide personalized investment advice tailored to your financial situation.
Cons
Direct mutual funds: Fyers offers a platform specifically for investing in direct mutual funds, allowing you to benefit from lower expense ratios.
Wide range of options: They provide access to a vast selection of mutual funds from over 49 Asset Management Companies (AMCs). This offers you a good variety to choose from and cater to your investment goals.
User-friendly platform: Fyers' platform is known for its user-friendliness, making it easy to browse different schemes, compare them, and invest seamlessly.
Smart recommendations: Fyers might offer some basic recommendations based on your risk profile, potentially aiding your fund selection process.
Pros
Limited research tools: Compared to some established brokers, Fyers' research capabilities might be limited. You might need to conduct additional research elsewhere to make informed investment decisions.
New platform for mutual funds: While Fyers is a well-established broker, their direct mutual fund platform is relatively new.
Cons
Hassel free account opening procedure without any hidden charges.
They offer direct mutual funds, potentially leading to potentially 1% higher returns than regular plans.
Instant redemption facility.
Instant Withdrawal up to Rs 50,000.
Pros
No advisor is provided for mutual fund selection.
No physical Branches.
Cons
User-friendly platform: Nuvama's platform (Edelweiss app) is known for its user-friendly interface, making it easy to browse different mutual fund schemes, compare them, and invest seamlessly.
Wide range of options: Nuvama offers various mutual funds from various Asset Management Companies (AMCs) like HDFC, ICICI, Axis, and Tata, catering to diverse investment goals and risk appetites.
Real-time market data & research tools: Nuvama provides access to real-time market information and research tools to help you make informed investment decisions.
SIP (Systematic Investment Plan): Nuvama facilitates setting up SIPs, allowing you to invest a fixed amount regularly, inculcating discipline and potentially averaging out the cost per unit.
Pros
Limited platform features: Unlike some established brokers, Nuvama's platform might lack advanced features like complex charting tools or extensive research reports.
Cons
Brand Reputation: Aditya Birla Group is a well-established financial conglomerate with a strong track record.
Fund Management Expertise: ABMF has experienced fund managers who manage various investment strategies across asset classes.
Diverse Fund Selection: ABMF offers a wide range of equity, debt, hybrid, and solution-oriented mutual funds to cater to various investment goals and risk appetites.
Direct Plan Availability: You can invest directly in ABMF schemes through their website or mobile app, eliminating distributor fees and potentially leading to higher returns.
Pros
Limited Choice: You're restricted to ABMF schemes, excluding funds from other AMCs that might better suit your needs.
Potential Bias: Research and promotional material might favor ABMF schemes. Conduct your own research to compare them with alternatives.
Cons
Wide Fund Selection: Access a broad range of mutual funds from various AMCs, allowing for diversification across fund houses and investment styles.
Convenience: Invest and manage your mutual fund portfolio directly through the app, eliminating the need to visit multiple AMC websites.
SIP Support: Set up and manage Systematic Investment Plans (SIPs) for disciplined long-term investing.
Research Tools (may vary): The app might offer research reports, market analysis, and fund recommendations to aid your investment decisions.
Pros
Limited Advisor Support: As a discount broker, Tradesmart might not provide extensive personalized investment advice within the app.
Cons
Wide Fund Selection: Choose from a variety of mutual funds across AMCs, allowing you to diversify your portfolio.
Convenience: Invest and track your holdings on a single platform (Reliance Securities) instead of visiting multiple AMC websites.
Investment Options: Reliance Securities facilitates lump sum investments and Systematic Investment Plans (SIPs) to suit your investment style.
Research and Recommendations: Reliance Securities might offer research reports, model portfolios, and mutual fund recommendations to aid your decision-making (though this may vary depending on their offerings).
Pros
Focus on Partner AMCs: The app might prioritize funds from AMCs that have a partnership with Reliance Securities. This could limit your exposure to other potentially good options.
Cons
Apps allows you to maximize your tax saving through tax harvesting features.
App offers unique features such as voice command.
You can schedule buy/sell transaction for future.
Low investment charge of INR 100 per mutual fund scheme.
Pros
Dated old style look and feel of the app.
Research tools offered by MyCams app have limited functionality in comparison to new age competitors.
Cons
Zero commission fees:Unlike many other brokers, Dhan charges no commission fees for investing in mutual funds. This can save you a significant amount of money, especially if you are making large investments or investing regularly.
Easy to use platform: Dhan's platform is user-friendly and makes it easy to invest in mutual funds. You can browse different schemes, compare them, and invest in just a few clicks.
Advanced tools and research: Dhan offers a variety of tools and research resources that can help you make informed investment decisions. These include stock screeners, fundamental analysis reports, and technical charts.
Focus on long-term investors: Dhan offers a number of features that are beneficial for long-term investors, such as SIP (Systematic Investment Plan) capabilities and portfolio tracking tools.
Pros
Limited selection of mutual funds: Dhan does not offer all mutual funds that are available in India. This means that you may not be able to invest in the specific scheme that you want.
New platform: Dhan is a relatively new broker, and its platform may not be as established or reliable as some of the more well-known brokers.
Cons
Direct Mutual Funds: Axis Direct prioritizes direct mutual funds, allowing you to earn higher returns due to lower expense ratios potentially.
Convenience: Invest and manage your mutual fund portfolio directly through the app, eliminating the need to visit multiple AMC websites.
SIP Support: Set up and manage Systematic Investment Plans (SIPs) for disciplined, long-term investing.
Research and Analysis Tools: The app might offer research reports, investment ideas, and portfolio analysis tools to help you make informed decisions (availability may vary).
Simple and User-friendly Interface: The app is designed to be easy to navigate, even for beginners.
Pros
Limited Investment Options: While offering a wide range of funds, Axis Direct might not include all mutual funds available in the market.
Limited Customer Support for Investment Advice: As a discount broker, Axis Direct might not provide extensive personalized investment advice within the app.
Cons
Zero Commission & Transaction Fees: Sharekhan claims no commission or transaction fees for mutual fund investments. This can be a significant advantage, especially for frequent investors or those with smaller portfolios.
User-Friendly Interface: The Sharekhan app is known for being easy to navigate, making it suitable for both beginners and experienced investors.
Goal-Based Investment Tool (NEO): This special feature helps you create a customized investment plan based on your financial goals and risk tolerance.
Pros
Limited Research Tools: Compared to some competitors, Sharekhan might have fewer in-depth research resources on individual mutual funds.
Cons
Wide Fund Selection (may vary): The app might offer a broad range of mutual funds from different AMCs, allowing you to diversify your portfolio across various fund houses and investment styles.
Convenience: Invest and manage your mutual fund holdings directly within the Arihant Capital app, eliminating the need to visit multiple AMC websites.
Investment Options: The app might facilitate both lump sum investments and Systematic Investment Plans (SIPs) to suit your investment strategy.
Research and Recommendations (may vary): Arihant Capital might offer research reports, model portfolios, and mutual fund recommendations within the app to aid your decision making.
Pros
Does not offer Direct Plans: As a distributor, their app might prioritize recommending funds where they earn commissions (regular plans) instead of lower-cost direct plans. Be mindful of this and explore the expense ratios of different plan options.
Potential Bias: Research recommendations within the app might favor funds from AMCs with whom Arihant Capital has partnered.
Cons
- पृष्ठ 1
- पृष्ठ 1