In Mutual Fund Eco-System, There are Particularly 2 Types of Mutual Funds. The First One is Regular Mutual Fund and The Other One is Direct Mutual Fund. The Major Difference is About the The Commission that is paid by AMC(Asset Management Company) to Agents/Brokers/Intermediary reducing your Returns
In Direct Mode, You are Directly Investing Money with the AMC(Asset Management Company) and There is No AGENT Involved for Taking Your Commission. This is a Smart Investment Strategy & Wealth Maximisation Technique.
So Invest Your Money in Ultra-Short Term Debt Funds & Get Returns Upto 8% P.A
So Why You Need an APP For DIRECT MUTUAL FUND Investments?
1)There are Large Number of AMCs(Mutual Fund Companies)so it is impossible to REGISTER in almost all sites and Invest Money. it will be like creating separate email ids for all different sites
2)App Provides a CENTRALISED MANAGEMENT of all Funds, so you dont need to create USERNAME/PASS for all Companies
3)Most of People are Busy So You Wont Find Time to LOGIN on Desktop. Apps ARE HELPFUL while Commuting in METROS/Chatting/Dining/Eating out. Save Time/Money & Invest in Smart Way
Android Apps for Direct Mutual Fund Investment
Why WealthTrust is the best mutual fund app for investors?
– Zero Commission: Plan your Direct Mutual Funds investments in a completely commission free manner. That also saves a 1.5% p.a. that adds up to a good 30% in the long term.
– Paperless: WealthTrust App requires just a few taps on your mobile to start an investment account. It will take just seconds for you to switch to a direct investment plan.
– Smart investment: WealthTrust mutual funds app works like your personal investment guide which, with its indepth research, gives you tips and real time updates of the best performing mutual funds.
– Secure: An end-to-end encryption ensures that all the important information of your personal finance is beyond anyone else’s reach. SMS based data stays in your phone and is not accessed by WealthTrust. We piggy back on industry leading aggregator MFU ( MF utilities)