Mutual Fund, Save Tax, SIP

MoneyOnApp is an application that allows users to easily and quickly invest in the best performing mutual funds and SIPs. This app helps users make informed investments in the right mutual funds that will provide good returns. It also offers the option to invest in ELSS funds, which not only provide good returns but also help save taxes with just a single click.

Anyone who is looking to gain good returns through long-term investments in mutual funds and SIPs is eligible to use MoneyOnApp. The app offers a paperless process for investing in hand-picked mutual funds and SIPs online.

Investing in mutual funds, SIPs, and ELSS through MoneyOnApp is a simple 3-step process. First, users need to create a profile, then select the desired fund or scheme, and finally make the payment using net banking.

To create a profile on MoneyOnApp, users will need to provide their PAN number, name, date of birth, mobile number, email address, and address. They will also need to provide FATCA details and bank details.

Mutual funds are investment instruments that allow users to invest their money in different markets such as stocks, debt, commodities, and international markets. With MoneyOnApp, users can start their mutual fund SIP with just Rs 1000 per month.

One of the main benefits of investing in mutual funds is the potential to save taxes. By investing in Equity Linked Savings Scheme (ELSS) mutual funds, users can save up to Rs 46,800 per year in taxes. These schemes have a lock-in period of 3 years.

MoneyOnApp offers mutual funds from various AMCs, including SBI, Reliance, Franklin, HDFC, DSP, Axis, Aditya Birla, IDFC, Kotak, L&T, Mirae, Sundaram, Tata, UTI, and Invesco. Users can also invest through the app using fast and secure payment options from banks like SBI, CITI, Yes, Kotak, Axis, Allahabad, Andhra, Bank of Baroda, Bank of Maharashtra, Central Bank, Canara, IDBI, IndusInd, Indian, ING Vysya, Indian Overseas, Standard Chartered, South Indian, and Vijaya.

While there are other apps available for mutual fund investments in India, MoneyOnApp is the best choice. Other top searches include Angel Bee, PayTM Money, Fisdom, Piggy, Investica, ET Money, Groww, Funds India, My SIP Online, My CAMS, Scripbox, Wealth Trust, IIFL, Zerodha Coin, Cash Rich, CAMS, KARVY, MoneyControl, Value Research, and MorningStar.

With MoneyOnApp, users can plan for mutual funds and SIPs by setting financial goals and investing through SIPs to save for those goals. The app also allows users to track their goals and investments.

MoneyOnApp is an AMFI certified mutual fund distributor and a registered member of BSE Star MF. It aims to provide original and SEO-oriented content to its users. The app requires permissions for photos and storage to capture and access mutual fund investment-related documents. Happy investing!