10 Best Investment Apps That You Should Know in 2024

Best Investment Apps

Investment apps offer extreme convenience — they allow for diversified portfolios, flexible fees associated with traditional investment avenues, etc.

The global market of investment apps or best trading apps is anticipated to expand at a CAGR of 16.5% between 2018 and 2030. That’s why it is no surprise that digital investment apps are rising in India. But with numerous platforms springing up, selecting the best investment apps has become a challenge for the modern-day investor.

Explore the online investment platforms in India

For those eager to invest smartly, here’s a curated list of the best investment apps in India across different categories:

  1. LenDenClub
  2. Groww
  3. Kite by Zerodha
  4. Upstox Pro
  5. Angel One
  6. 5 Paisa
  7. ET Money
  8. Piggy
  9. Coin By Zerodha
  10. Paytm Money

Let’s deep dive into all the best investing apps listed above

1. LenDenClub: A Peer-to-Peer Lending App

With over 91 lakh Indians joining the platform, LenDenClub has become a big name in the world of P2P lending. It operates as an RBI-Registered NBFC-P2P Platform, which means it offers a regulated platform for individuals to lend or borrow money directly. 

Here’s why LenDenClub is one of thebest online investment apps:

Returns: LenDenClub offers potentially higher returns than traditional investments. You can use our calculator to estimate your earnings.

Risks: P2P lending has inherent risks, but LenDenClub mitigates them through a thorough borrower vetting process.

Best For:

  • Beginners: With a straightforward onboarding process and educational resources.
  • Intermediate: Those looking for a diversified portfolio outside traditional investments.
  • Pro: Seasoned investors seeking higher returns and willing to manage a larger P2P portfolio.

Minimum Investment Required: LendenClub offers investment opportunities starting from a minimal amount of 10,000.

App Availability: Android and IoS.

Rating: Over 1 lakh downloads with a 4.3 star rating on Play Store.

Check out: Best investment plan for monthly income

12% Return

2. Groww

Groww stands out not just for its user-friendly interface but for its vast user base, boasting over 59 million customers (As of FY 23-24). 


  • Specialised in mutual fund investments.
  • Covers ETFs, SGBs, IPOs, Futures and Options, and commodities.
  • Zero-cost entry into US stock markets.

Platform: Available on both the App Store and Play Store.

Fees: No account initiation or maintenance charges. A minimal transaction fee of ₹20 or 0.05% per order (whichever is lower).

App Availability: Android and IoS.


Read: Investing 10 lakhs to get monthly income

3. Kite by Zerodha

Founded by the esteemed Kamath brothers, Zerodha stands as India’s premier discount broking platform, boasting a significant clientele of over 6.3 million users.


  • A continuous live stream of stock price updates.
  • Seamless user interface, suitable for both beginners and experienced traders.
  • Direct IPO applications at your fingertips.


  • Extensive platform for equity intraday and delivery trading in the stock market.
  • Direct investments in mutual funds without any commission charges.
  • Provides up to 20X leverage for intraday trading. 


  • Account initiation: ₹200.
  • Annual maintenance: ₹300.
  • Brokerage: ₹0 for equity delivery and ₹20 for intraday trades.

App Availability: Android and IoS.


You must know where to invest money in India

4. Upstox Pro – Stocks & Demat Account

Upstox PRO is not just popular but also one of the best stock market app in India. Backed by Tiger Global, offers a myriad of investment and trading options encompassing stocks, commodities, currencies, and mutual funds.


  • Invest in mutual funds, stocks, gold, IPOs, and more; mutual funds are commission-free.
  • Trade in stocks, derivatives, currency F&O, and commodities F&O.
  • Advanced charting with 100+ indicators and a comprehensive market watch.


No account opening charges.
Equity delivery: 2.5% or ₹20.
Equity intraday: 0.05% or ₹20.
Annual maintenance: ₹150 + GST.

App Availability: Android and IoS.

Ratings: 4.3-star rating on both Play Store and App Store.

Know which is the most profitable business in India

5. Angel One: Stocks, Mutual Fund

Angel One (previously Angel Broking) is a full-service brokerage application. The app champions a seamless single-window design, ensuring swift order execution complemented by real-time stock updates.


  • Optimises trading with a single-window efficient layout.
  • Live streaming of trade rates for instant trading actions.
  • Stay updated with immediate news alerts and stock reports.


  • Engage in equity, commodity, currency, and margin trading.
  •  Explore diverse mutual fund investment avenues.


  • Account Initiation and maintenance is absolutely free.
  •  ₹0 for equity delivery and either ₹20 or 0.25% (whichever is lower) for equity intraday.

App Availability: Android and IoS.

Ratings: 4.1-star rating on Play Store and App Store.

Read this complete blog if you want to know which is the best investment plan in India for middle class

6. 5 Paisa

5 Paisa is a publicly traded burgeoning platform. Bridging the gap between investors and traders, it facilitates investments in stocks and mutual funds alongside commodity and currency trading.


  • Goal-focused advisory with free news and research access.
  • Real-time market data and stock quotes.
  • Zero-commission US stocks via Vested partnership.
  • Multiple watchlists, unlimited price alerts, and advanced charts.


  • Open an account for free.
  • Commission-Free
  • A straightforward fee of ₹20 for both equity delivery and intraday trades.

App Availability: Android and IoS.


Know: Best investment assets

7. ET Money: Mutual Funds & SIP by Times Internet Limited

A product of Times Internet and renowned Economics Times publication, ET Money stands out as an award-winning finance application.

Key Features:

  • Invest in top-rated mutual funds via SIP/Lumpsum.
  • Offers 0% commission investments.
  • Dashboard for all past investments.
  • Auto-categorised expense tracker.
  • One-tap payments through various UPI apps.


  • Investments in ELSS mutual funds, Fixed Deposits, and NPS.
  • Life, Health, and Medical Insurance policies.
  • Retirement planning with NPS.
  • Portfolio tracking and health report.


  • Zero commission for Direct Mutual Fund investments.
  • Exclusive tax-saving opportunities.

App Availability: Android and IoS.


Explore: Best investment plan for 1 year

8. Piggy – Mutual Funds App by Valuevest

Piggy by Valuevest provides a comprehensive platform for investing in direct mutual funds across various fund houses in India, promising higher returns with zero hidden costs.


  • Gain up to 1.5% extra returns compared to other distributors.
  • Smartly save to earn more than a regular savings account.
  • Detailed analysis and goal-based investing insights.


  • Tax Savings: Start SIP in tax-saving mutual funds and save under section 80C.
  • Piggy PREMIER: Expert advisors offer fund suggestions based on performance analysis.
  • Payment Options: Choose from 5 modes, including UPI and NEFT.

Fees: Absolutely no commissions or transaction fees on mutual fund investments.

App Availability: Android and IoS.


Explore: Best investment plan for 5 years

9. Coin By Zerodha

Coin by Zerodha provides a platform for commission-free direct mutual fund investments across 40 fund houses.


  • Flexible SIP management: Create, pause, modify.
  • Easily navigate through fund themes and details.
  •  Access weights of underlying securities and sector data.
  • Videos explaining fund management philosophy.
  • Invest in ELSS funds and get one-click tax statements.


  • Annualised and absolute returns display.
  • Mutual funds in demat form, facilitating pledges and margin trading.

Fees: Commission-free direct mutual fund schemes.

App Availability: Android and IoS.


Know: How to Invest 50 Lakhs for Monthly Income

10. Paytm Money: Stocks, MF, IPO

Paytm Money offers an integrated platform for equity investment and wealth management, catering to over 21 million investors.


  • Stock SIP: Periodic small investments in stocks.
  • Advanced Trade Orders: GTT OCO, Cover Order, Bracket Order.
  • Trade with voice commands for all listed stocks and F&O.
  • Advanced charting software for market trends.


  • Access to Mutual Funds starting at ₹100.
  • Real-time F&O analytics.
  • Simplified Options Trading for Nifty and Bank Nifty.
  • National Pension System (NPS) investments.

Fees: 0 Brokerage for the first 15 days on all Equity & F&O orders, then ₹15 per trade.

App Availability: Android and IoS.


Simplify Finance with an Investmentment App

With a surge in digitisation, India’s financial ecosystem has evolved rapidly, presenting investors with diverse platforms to cater to their varied needs. From stock trading to peer-to-peer lending, the best investment apps in India today offer convenience and various tools to make informed decisions. 

As always, while the choices are aplenty, prudent research and understanding of individual investment goals are paramount. Choose an app that best suits your investment needs and goals.


1. How do I choose the right investment app for me?

Start by defining your financial goals: retirement savings, emergency funds, or short-term gains. Then, assess your risk tolerance: market volatility vs. stable investments. Choose apps aligned with your objectives, like international stock access. Lastly, prioritise platforms with good reviews, clear fees, and educational resources.

2. Are digital investment platforms as safe as traditional banking and brokerage systems?

Most reputable digital investment platforms employ robust security measures. This includes encryption and two-factor authentication to protect user data and funds. However, it’s crucial to choose well-known platforms with a good track record and always to be cautious of offers that seem too good to be true.

3. Can I diversify my investments using multiple apps?

Absolutely! Many investors use a mix of platforms to diversify their portfolios further. For instance, you might use LenDenClub for P2P lending, Zerodha Kite for stock trading, and Groww for mutual funds, allowing for a more diversified investment strategy.

4. Is there any hidden fee associated with these investment apps?

Fee structures can vary from one app to another. While some apps offer commission-free trading or investing, they might charge for premium features or account maintenance. It’s vital to read the terms and conditions and be aware of all associated fees before investing.

LenDenClub is India’s largest alternate investment platform which started operations in India in 2015. We have been helping investors diversify their investments beyond traditional investment instruments ever since.

LenDenClub is India’s largest alternate investment platform which started operations in India in 2015. We have been helping lenders diversify their investments beyond traditional investment instruments ever since.



The Reserve Bank of India does not accept any responsibility for the correctness of any of the statements or representations made or opinions expressed by Innofin Solutions Private Limited, and does not provide any assurance for repayment of the loans lent through its platform.

LenDenClub is an Intermediary under the provisions of the Information Technology Act, 2000 and virtually connects lenders and borrowers through its electronic platform via the website and/or mobile app.

The lending transaction is purely between lenders and borrowers at their own discretion, and LenDenClub does not assure loan fulfilment and/or lending simple interest. Also, the information provided on the platform is verified or checked on the best efforts basis without guaranteeing any accuracy of the data/information verification. Any lending decision taken by a lender on the basis of this information is at the discretion of the lender, and LenDenClub does not guarantee that the loan amount will be recovered from the borrower, fully or partially. The risk is entirely on the lender. LenDenClub will not be responsible for the full or partial loss of the principal and/or interest of lenders’ lending amounts.

*This is an annualized yield and is subject to the maximum FMPP tenure, which is 5 years. P2P lending is subject to high risk and may cause an entire loss of principal.

*P2P lending is subject to risks. And lending decisions taken by a lender on the basis of this information are at the discretion of the lender, and LenDenClub does not guarantee that the loan amount will be recovered from the borrower.

** Average value mentioned is the weighted average of simple interest received by lenders

© 2024 LenDenClub by Innofin Solutions Private Limited | CIN: U74999MH2015PTC266499