FundsIndia is one of its own kind of an online investment platform in India where users can invest and trade across multiple segments completely online. Based out of Chennai, FundsIndia was established in 2009 and has been able to gain user traction in the last few years.
It is one of the very few investment houses that offer free brokerage (up to a total turnover of ₹1 Lakh) and provides financial advice at the same time. FundsIndia is registered with SEBI and ARN & allows you to trade and invest in the following financial products:
FundsIndia Trading Platforms
Although FundsIndia has a limited range of trading platforms, still is able to deliver reasonable quality through these softwares.
FundsIndia Mobile App
This mobile app from FundsIndia has been able to gain user confidence in quick time, especially because of its regular update frequency cycle. Some of the top features of this mobile app include:
- Investment across mutual fund SIPs and equity allowed through the mobile app
- Robo-advisory feature available, something like ARQ provided by Angel Broking
- Basic features such as Market watch list, alerts and notifications etc added
- Investment news and recommendations available within the app
At the same time, here are some of the concerns related to the mobile app of FundsIndia:
The investment platform, FundsIndia, also has a web-based browsing investing software. This does not require any download or install and you are just required to browser the login page, put in your credentials and you can start managing your investments from there itself.
This web application offers limited features, is lightweight in nature and
Although FundsIndia charges reasonable prices, it still provides research and recommendations across different financial products, especially for mutual funds and long-term equity investments.
The investment platform has a small but a capable in-house research team that..
FundsIndia Customer Service
When it comes to Service, it is one of the most crucial aspects, especially for users that track their investments on a regular basis and are open to switch and move their investments.
FundsIndia provides the following communication channels to their clients for support:
- Indian phone support
- NRI phone support
FundsIndia has kept its pricing in such a way that it comes out pretty suitable for small investors. This can be understood by the fact that the investment platform does not charge any brokerage for any equity turnover below ₹1 Lakh.
FundsIndia Account Opening Charges
For rest of the information and pricing details, you can check the complete review of FundsIndia