FundsIndia aggregates all your investments online, in one place and provides a single point for all your investment transaction needs.

FundsIndia.com Review

FundsIndia is an investment platform which helps Investors to invest in several investment options at one place. FundsIndia is a multi investment platform for managing your Equity,  Mutual funds, bonds, Company fixed deposits and a lot more other investment instruments.

In India, there are several online investment platforms available. Fund India has recently outpaced many of such platforms with the diverse benefits for trading in about 41 mutual funds, bonds, equities, loans, gold and a lot more. It makes it convenient for the investors to trade in so many securities from one single location i.e. online.

How FundsIndia works?

An investor can open an online account by providing the requisite details in the application form that contains an investor’s details such as name, address, nominee details etc. Fill and download this application and attach a self-attested PAN copy with a cancelled cheque leaf are to sent.

After verification of documents, the investor can start investing in various money instruments without any cost except the FundsIndia commission for acting as his agent.

What is good in this?

FundsIndia is one of the most popular platforms for trading in mutual funds online. It offers not only quantitative but also some qualitative services.

Firstly, FundsIndia makes investors to trade in multiple mutual funds at just one single location and hence, trading in several mutual funds is easy from a single account as a lot of time is saved online by not visiting multiple mutual fund companies to submit KYC again and again.

Since the performance of all mutual funds invested can be seen at one location conveniently, calculation of NAV also becomes easier with FundsIndia.

Designing of portfolio, X-ray reports and recommendations for portfolio management indeed play an important role in keeping portfolio healthy and growing.

FundsIndia provides value added services like value-averaging investments, flexible SIP options, and ready to go portfolios that help in making a significant increase in return on investments in mutual funds.

Entire family’s investments can be maintained and tracked in one place, under one user id with FundsIndia. 

Through mobile applications, web browser, phone call and SMS services provided, users can stay in touch with their portfolios performance 24 x 7.

Periodic review and Asset balancing services are provided to remove the problems that hinder the growth of investor portfolio.

Benefits of using FundsIndia

Single account operation

Trading in several mutual funds is easy from a single account as a lot of time is saved online by not visiting multiple mutual fund companies to submit KYC again n again.

Easy calculation of NAV of fund

Since the performance of all mutual funds invested can be seen at one location conveniently, calculation of NAV also becomes easier with Funds India.

Better Portfolio Management

Designing of portfolio, X-ray reports and recommendations for portfolio management indeed play an important role in keeping portfolio healthy and growing.

Provision of Value added services

Value-averaging investments, flexible SIP options, ready to go portfolios help in making a significant increase in return on investments in mutual funds.

Periodic portfolio review

Periodic review and Asset balancing services are provided to remove the problems that hinder the growth of investor portfolio.

Multiple platforms access

Through mobile applications, web browser, phone call and SMS services provided, users can stay in touch with their portfolios performance 24 x 7.

What it lacks?

Research needed

Funds India provides recommended portfolios for higher returns and these recommendations keep changing but for investors, it is difficult to shift investment that frequently. Thus, investors need to do their own research if they wish to achieve higher returns in the long run.

Asset allocation maintenance

For rebalancing asset allocation between equity and mutual funds due to changing market trend, funds India does not provide help as it is a DIY platform and maintenance of asset allocation is definitely a tough task.

Own management

Advisors provide recommendations in the beginning only. So after the initial asset allocation, Funds India leaves it to you to manage investment goals and asset allocation as per changing needs.

In a nutshell, it can be said that Funds India offers good services for managing mutual fund portfolio but in the end, it is the investor who needs to keep a check on the performance of the portfolio and to do the needful for maintaining higher returns.

If you are a Savvy investor, you can go with a direct plan, where you can directly buy from the fund houses bypassing your distributors like FundsIndia. The main advantage of Direct Plan is agents commission are directly passed on to the investors in the form of lower expense ratio. Lower charges translate into higher returns for investors. The biggest challenge of direct plan is the paperwork, you have to visit and submit certain documents to each fund house. Also you need to keep track of all your login IDs and passwords of all fund houses you invest in.

Hope you find above information useful. Do share your views below.

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