Investing in mutual funds is one of the best ways to achieve long-term financial goals. Thanks to a top-notch mutual fund investment app “Moneyfy” by Tata Capital, which has made Investment, planning, tracking, and buying of funds a lot faster and easier than ever.
Whether you are interested in investing in direct funds, or regular funds, this app can help you in the best possible ways. It is a single – gateway to invest in multiple mutual funds.
The sole purpose of this app is to make your investment journey smart and straightforward. It is a one-touch login app that empowers you to plan and invest in several types of mutual funds in one place.
Moneyfy by Tata Capital, which lets you invest online at no transaction fee, offers you a seamless investment experience, and helps you in setting up financial goals.
Key Features to Explore on the Moneyfy App
1. Goal-based Investing
You can plan your financial goals and achieve them by investing through either SIP or lumpsum.
2. Mutual Fund Scanner
Moneyfy comes with an MF scanner which allows you to scan your mutual funds 24X7.
You can optimize your mutual fund’s portfolio by yourself on the following basis:
- Minimum SIP amount.
- Tax benefits.
- Funds size.
- By the fund manager.
- Risk rating.
- Category and subcategory of the funds.
3. Compare Funds
With the help of this app, you can compare and analyze mutual funds with one click.
Invest by themes: The Moneyfy app allows you to invest in the world’s largest companies, tax-saving funds, gold funds, and other funds that offer you a high potential return on Investment.
The following are the themes you can invest in.
- Top-rated funds (Morning Star and Value Research)
- Tax saver funds
- Balanced funds
- Invest in companies across all sizes.
4. Instant Redemption
Redeem your Investment in no time through the Moneyfy app. You can withdraw money up to Rs. 50,000 anytime.
5. Insurance
Along with Investment, you can buy and manage your insurance plans by using the Moneyfy app.
6. Loans
Sort out your urgent financial requirements by making a loan request through the Moneyfy app.
7. Calculator
Those who have doubts about EMI calculation, insurance premiums, and return on Investment can use a Moneyfy calculator. It gives all the solutions under one roof.
Reasons to Choose the Moneyfy App
1. The Moneyfy App is an Ideal Choice for New Investors
Are you new to investing and looking for an app that can make your investment journey hassle-free? If yes, then choose Moneyfy. This app allows you to compare mutual funds and prepare investment strategies that suit your financial goals. You can use this app to start investing in the SIP, and equity mutual funds in a disciplined manner.
2. Do it yourself Investment Service
Do it yourself; investment service allows investors to build and manage their portfolios efficiently. The significant benefits of DIY investment services are that they can save investors to save substantially on fees, and allow them to make their own investment decisions as per their own time and value.
Along with that, it helps investors to educate about the latest investment funds. So, download the Moneyfy app and take advantage of the do-it-yourself investment solutions.
3. Makes your Systematic Investment Plan Powerful
By enabling you to invest in regular mutual funds in a disciplined manner, the Moneyfy app will make your Investment in mutual funds simple and hassle-free. There are numerous benefits of Investment through SIP, like, it is less risky, ease of Investment, and lower barrier to entry.
If you want to invest in any mutual fund, the Moneyfy app will make your investment journey hassle-free. It allows you to compare the mutual funds, and plan the strategy that suits your financial needs and goals.
4. Diversify your Investment Portfolio
As you move over the different stages of life, your money-related objectives may also continually evolve. You will have different targets to accomplish. That’s why it is essential to draw up a good saving plan and stick to it. To save up adequately, you need to diversify your investment portfolio.
An app like the Moneyfy app helps you with various kinds of mutual funds, like SIP, equity, liquid funds, governmental bonds, and a few more from your smartphone. Along with adequate savings, by diversifying your portfolio, you can achieve your SMART financial targets.
This app lets you set up goals, analyze the portfolio performance, compare the returns from different funds, and instantly redeem your funds with one click.
5. Easy Investment for All
Whether you are a newbie investor or experienced, you can start investing in mutual funds in just a few minutes through this app. It is a versatile investment platform that offers you a smooth fund investment experience.
6. Helps you set up Goals and Accomplish them on Time
The Moneyfy app has come with goal-based investment options, which help you set up goals and accomplish them by investing either through regular or direct mutual funds.
Investment Goals like:
- Invest in purchasing a new car or home.
- Funding for children’s education.
- Saving up for a world tour.
- Build assets column to achieve financial freedom.
- Living a hassle-free retirement phase.
- Funding for a wedding.
7. Create a Mutual Fund Portfolio that Suits your Financial Needs
Once you know your financial goals, you will get an idea of how much time and money you need to achieve themp0– within an expected time. Always choose the best mutual funds that give you a good return on investment and grow fast.
The Following are the Funds that Moneyfy Supports:
- Tata Mutual Fund
- Taurus MF
- UTI. Mutual Fund
- Union Mutual Fund
- Yes Mutual Fund
- AXIS Mutual Fund
- Baroda MF.
- Birla Sunlife Mutual Fund
- BNP Paribas Mutual Fund
- BOI Axa Mutual Fund
- Canara Robeco MF
- LIC. Mutual Fund
- Mirae Asset Global MF
- PPFAS. Mutual Fund
- Principal MF
- Reliance Capital MF
- SBI. Mutual Fund
- Sundaram MF
- IDFC. Mutual Fund
- Indiabulls MF.
- Invesco MF.
- JM Financial MF.
- Kotak Mahindra Mutual Fund
- L&T Mutual Fund
Wrapping Up
The Moneyfy app is a top-notch mutual funds investment app that is on one mission to simplify the investment journey of investors. It doesn’t matter if you are a newbie or less experienced than others; the Moneyfy app will help you in the best possible way.