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8 Best Investment Platforms For 2021 in India

Nikhila Sastry

10 Sept 2020



At the outset of 2022, you are probably on the lookout for the best investment options to meet your financial goals and save taxes.

To make your job easier, we have compiled a list of some of the top investment platforms in India so you can make a more informed decision.

In this post we touch upon two types:

  1. Investment Management platforms

With regard to investments, there isn't a one-size-fits-all option. It is specific to one's financial goals and return expectations.

In this blog, we discuss the key features and latest updates of each platform, so you can make a choice that suits you best.

"Don't work for money, Make it work for you"

-Robert Kiyosaki


Type #1: Investment Management Platforms

#1: Scripbox

Scripbox is one of the older online investment managers that's been around since 2012.

Key Features:

  • Present Top 10 Mutual Funds every year to invest in.

  • Manage portfolio periodically based on taxes and exit loads.

  • Sells only Regular Mutual Funds

  • Commission ranging between only 0.02 % to 1.6 % per year depending on the type of funds and fund houses in portfolio

#2: Goalwise (Niyo Money)

Goalwise was started by a team of IIT Alumni in 2015, and they offer a complete solution for your long-term investing requirements.

Key Features:

  • Goal-based investment approach

  • Balance your equity portfolio

  • Switch to debt funds (less risky, guaranteed returns) if need be

  • Sells Regular Mutual Funds

  • Commission ranging from 0.1% to 1% per year depending on the type of funds in your portfolio.

Update: Goalwise has shifted to offering Direct mutual funds. So now, you can invest with the complete goal-based investing approach for free.

Note: To know more about Direct and Regular Mutual Funds, visit this Quora answer.

#3: Orowealth

Orowealth is a tech-driven fund-management platform founded by a team of experienced bankers in 2015 and provides a comprehensive set of tools to help you make, manage and track investments.

Key Features:

  • A fee-only advisory model with ₹199 - ₹999 per month

  • Save up to 1.5% in commissions per year in Direct Mutual Funds

  • Advantageous if one is investing large amounts for long-term

  • Access to Registered Investment Adviser for additional fees

Update: Orowealth has made their platform completely free to use, as they have shifted to B2B revenues. The net fee now is ₹0.

#4: Wealthy was started by a team of IIT Alumni in 2016, and they too offer a comprehensive solution for long-term investing.

Key features:

  • A comprehensive set of services and options offered

  • Investment management, asset allocation between equity and debt, Mutual Funds selection

  • Active rebalancing of options

  • Periodic review for 'Smart personal investing'

  • Sells Regular Mutual Funds with a commission from 0.25% to 1.25 % depending on the type of funds

Type #2: Investment Platforms

#1: Clearfunds

Clearfunds is a recent platform founded in 2016 making waves with the acquisition by MobiKwik.

Key features:

  • Great platform for making both investments as well as investment management services

  • Sells 3000+ Direct Mutual Funds

  • A flat fee of ₹999 per year per portfolio.

  • Smart portfolio service with personalized recommendations and periodic management

#2: Groww is a very recent mutual funds platform backed by Y-Combinator and started in 2017.

Key features:

  • Free-to-use Direct Mutual Funds platform

  • Help users save up to 1.5% in commissions per year

  • User-created portfolios for investment-specific goals

  • Free tracking platform available

  • Help switch your existing investments to Direct Mutual Funds quickly

#3: Zerodha Coin

Zerodha Coin is a recent introduction from Zerodha, which is a stock market platform that has been around since 2010.

Key features:

  • Free-to-use platform with a large database

  • Sells Direct Mutual Funds

  • It allows you to invest directly and track all types of Mutual funds including Government Securities & Bonds.

#4: Kuvera

Kuvera was started by a team of experienced IIT & IIM Alumni in 2016.

Key features:

  • Rich set of features compared to other free-to-use platforms

  • A goal-based approach towards Investment Planning

  • A free portfolio recommendation to invest in

  • Advantage of timely rebalancing in portfolio

  • Investments in Direct Mutual Funds

  • Option to switch existing investments to Direct Plans

  • Feature to help choose the right Insurances for requirements


That rounds up our compilation of the best investment platforms in India for 2021.

Good habits of financial planning and smart investments go a long way. Investments are often the last step in the process of financial planning.

Always remember that a holistic financial plan comes before all else.

For a comprehensive experience in planning your financial goals, try MoneyPlanned for free.

You can find the MoneyPlanned app on Google PlayStore or AppStore.

Share the post with your family and friends to help them make the best out of their money for the year 2021.

For more exciting and fun bits of financial wisdom, do check out our other blogs on Quora and Medium!

Please leave your comments to let us know what you think are some of the best ways to invest your money. We'd love to hear from you.

Happy Investing!


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