do you want to know What is ET Money App? How does it work? And what are its benefits? So this blog post is just for you, after reading this you will get the answers to all your questions easily.

ETMONEY One online investment platform that brings you under one roof mutual fund investment, insurance policies, loans And credit report investment, tracking And Management helps in. The ease and convenience of investing online increases when you use the ET Money app.

Why one should use ET Money app for mutual fund investment

1. You invest in Zero Commission Direct Mutual Funds

One of the most important benefits of investing through the ET Money app is that you invest in direct schemes of mutual funds.

When you invest through an agent (like a bank), you mutual fund Invest in a regular plan of Rs. These regular plans take a portion of the returns generated from your money, and pay these agents as commission, thereby reducing the profit you make.

Direct mutual funds, on the other hand, have zero commission, so the money that was going to the agent gets added to your returns. This results in you getting an additional 1% return on your investment every year.

2. You Can Invest In Funds Of Top AMCs At One Place

With ET Money, you get an app that lets you invest in India’s top mutual funds in one place.

Hence, you do not need to go through the hassle of creating multiple accounts or remembering different account passwords to invest.

With all the top funds under one roof, you can easily choose the fund that matches your need easily.

Not just buying, even redeeming your investments is equally convenient on the app.

3. You can easily choose the right fund for you

The choice of fund depends on several factors including your investment goals, risk appetite and the time frame you have in mind. Based on these, there are different types of mutual funds available to suit your objectives.

In ET Money app mutual funds These are classified on these parameters and listed at one place. In addition, Smart Solutions on the app allows you to instantly buy pre-defined combinations of funds hand-picked for various needs.

From tax saving to long-term or short-term investments, you can check out the list of top funds here.

4. You can track your current investments and also switch to Direct

If you are already investing in mutual funds, then you need not think about what to do with your existing investments.

On the ET Money app, you can easily upload the details of your past investments and track them at one place.

The app also allows you to convert your previous investments made in regular schemes into zero commission direct plans. Same investment, same fund with only commission layer removed!

You just need to upload the details, and you get a single interface where you can track all your investments, add more funds to them or redeem them whenever you want.

5. You invest in the safest way

We treat your money and data as ours. That’s why we have the most advanced security protocols that are implemented to ensure that everything you do on the app is secure.

This includes bank-level security integrated into the app to protect your information and the use of top-notch encryption technologies when dealing with your confidential details.

Also, when you buy a fund, the amount is directly transferred from your bank account to the mutual fund company’s account and, when you withdraw the amount, it goes directly from the mutual fund company to your linked bank account. Is.

So, if you are ready to start your investment journey, then ET Money is your one-stop destination. With select funds on offer and other great features, you can’t find an easier way to invest.

How does ETMONEY App work?

The ETMONEY online platform helps you invest in commission-free direct mutual fund schemes. Moreover, the platform helps you track, manage and redeem your mutual fund investments from the convenience of your home.

ETMONEY, first of all, provides you a robust and simple online investment platform in the form of an app.

Second, it provides you with a list of direct mutual fund schemes to invest in.

#1 Mutual Fund Based Investment Ideas

The investment idea based mutual funds offered by ET Money are not goal-based but have random views suited to certain investor classes, events or themes.

Some examples of mutual funds based on investment ideas are:

  • mutual funds for beginners
  • Mutual Funds for COVID-19
  • Invest Like Warren Buffet
  • SIP starting from Rs 500
  • Schemes for Emerging Funds

#2 Mutual Funds by Category

Here ET Money categorizes Mutual Funds into Equity, Debt, Tax Saving and Hybrid Funds and then provides a list of top performing Mutual Funds under each category.

Benefits of Investing through ETMONEY

#1 An account

ET Money offers a single account to help users manage all investment needs like investing in Mutual Funds, Insurance (Health & Auto), Loans and NPS.

You will not need to access different portals and apps for different investment needs. ETMONEY keeps you away from the challenge of remembering multiple login IDs and passwords.

#2 Value Added Equipment

A value-added tool like “Expense Manager” helps you to track your expenses, expenses and cash withdrawals without any manual input.

The tool provides you with information on how you are spending and also reminds you of bill payment due dates.

The tool does this by capturing the details from the SMS received. For that, you need to authorize the tool to capture SMS details.

ET Money value-added services include a free credit score check and score improvement tips.

#3 Saves time through automated service

The ETMONEY app saves you time and effort by scheduling SIP payments, setting up reminders for bill payments and insurance renewals.

You are free from diary and excellent for keeping track of your expenses. The app also helps in analyzing and managing your expenses online.

#4 Earn more on your money

You earn high returns (up to 1%) when you invest in Direct Mutual Funds, ETMONEY offers Zero Commission Investing in Direct Mutual Funds.

Similarly, when you keep your excess cash in a “smart deposit account”, you earn more interest (2% to 3%) than when you keep the money in a savings bank account.

ETMONEY App Fees

The ET Money online platform comes in the form of an app that is free to download and use. You don’t have to pay any charges for buying units, tracking returns and redeeming your mutual fund investments.

Other services like buying insurance, applying for loan, investing NPS, using expense manager and generating credit report are also free of cost.

How secure is ETMONEY?

#1 ETMONEY IS PART OF TIMES OF INDIA

ETMONEY Times Internet has a finance app and Times of India Group is part of the company. You are sure that you have a reliable partner.

When you invest in mutual funds, your money goes directly to the mutual fund house and on redemption the money gets deposited in your bank account.

You have complete ownership of your mutual fund investments, ETMONEY is just an investment platform.

#2. bank-grade security

ETMONEY uses advanced security protocols such as bank-grade encryption and security to keep your data and confidential information safe.

ETMONEY linked payment gateways comply with strict Payment Card Industry Data Security Standards (PCI-DSS) compliance for all your online money transfers.

How to Download ET Money App?

To download the ET Money app, you can use this Link And you can easily download the app and create your account in it.

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We hope that after reading this blog post your question is what is ET Money app? How does it work? You must have easily got the answers of all these.