The choice of your investment app influences your overall wealth-building journey more than you realise.
You may already have an existing portfolio in stocks and mutual funds. With newer investments like ETFs gaining popularity, wouldn’t it be convenient to access these products through a single platform? Again, the recent gold and silver rally is attracting investments in precious metals, too. How about choosing a single platform that helps you comprehensively manage your assets across all these categories?
Now that you have several apps that help you gain access to multiple asset classes, choosing the right one can significantly shape your investing experience. Apart from execution, investors look into factors like access, flexibility, and ease of use. Based on these crucial parameters, we have shortlisted some of the best apps that appeal to the modern investor.
Top apps for investments in India
If you are looking to invest in stocks, mutual funds, ETFs, and precious metals to build a balanced portfolio, consider opening a demat account through one of these apps.
1. Dhan
Dhan continues to be a popular choice for investors who value speed and control. Through this platform, you can diversify across different asset classes in one place.
Investors use Dhan to create their portfolio across stocks, ETFs, and precious metals. The clean and mobile-friendly interface on its app ensures seamless execution. This makes it easy for investors to explore opportunities across equities and commodities.
Dhan allows you to invest in ETFs, which can give you exposure to gold and silver. Therefore, investors who want to buy silver ETF and track commodity-linked instruments do not have to switch platforms.
2. Zerodha Kite
The flagship trading platform of Zerodha, known as Zerodha Kite, allows you to invest in equities listed on the NSE and BSE through a single interface. It provides direct access to stock exchanges. As a popular investment app in India, Zerodha has a massive user base.
You can buy ETFs through a demat and trading account on Zerodha. This will help you access Gold and Silver ETFs. Investors looking to expand their portfolios across stocks, commodities, and ETFs can explore this platform.
3. Upstox
Investors looking to diversify across different asset classes may check out Upstox, noted for its structured interface. Those willing to invest in gold and silver can choose mutual funds or ETFs based on precious metals.
The app provides you with exposure to gold bullion, considering the market prices. On the other hand, Silver ETFs track the price of silver through underlying physical holdings.
You may also check out live ETF listings and market data. The organised interface allows you to compare different options before you decide.
4. Angel One
With Angel One, you gain access to a broad range of investment options through a single platform. This includes equities, commodities, and ETFs. Apart from gold and silver ETFs, this platform also allows investors to gain exposure to debt ETFs and global ETFs.
The KYC process is fully digital, which you can complete in a short time. Angel One also outlines a step-by-step process for investing in gold, which guides investors through the process.
The organised approach on this platform makes it popular among investors looking for different ETF options in India and beyond.
5. INDmoney
Through the INDmoney app, you can invest in equities, commodities, and precious metals through SIPs and lump-sum investments. It also allows you to invest in US stocks, which can further help you diversify your portfolio. Along with this, investors gain access to gold and silver ETFs.
INDmoney is noted for its broader approach to wealth management. Integrated tracking features are available on the platform. It does not charge any commission on your mutual fund investments as you gain access to direct funds. Therefore, this single platform can help you manage multiple asset classes, including precious metals and foreign stocks.
6. Groww
If you are looking to explore stocks and ETFs together, Groww would be a choice. It’s a popular choice among beginners due to its simple interface. Users can also track gold and silver ETFs and invest in these assets through this platform.
Groww clearly lists products that can help you gain exposure to precious metals, including mutual funds and ETFs. This accessibility eases the process of finding new ETFs.
Conclusion
At a time when investors are looking beyond just stocks, the choice of the investment app is a crucial decision. With access to ETFs, gold, and silver within a single app, you can efficiently track and manage assets through your handset.
Each platform we listed in this blog offers a slightly different experience. However, the basic idea remains the same, as investors today demand flexibility to build a diversified portfolio in one place. The choice of best app for investing in India ultimately depends on how you prefer to manage your investments. Consider downloading one of the apps that we curated in this blog for efficient investing and portfolio management.