What is Fincash Review? Login and invest in SIP in Mutual funds

Short Answer

Fincash is a yet another online investing platform that was started in 2016 or you can call it a fintech startup. Having raised funding, it has grown fast to give tough competition to other market players.

Detailed Answer

I know, there are so many investment platforms these days, one is likely to get confused which one to select.

Briefing you, Fincash is a Mutual fund investment platform that offers simple solutions to your investing needs (as their site says).

Fincash: Key Products

The following are its main attractions:

  1. SavingsPlus
  1. SmartSIP
  1. Tax Savers
  1. New Fund Offers

What I like is, they allow you to practice:

  • Smart Investment: Funds are selected by industry specialists.
  • DIY approach: You can explore and choose funds yourself.

Although, its SIP plan sounds attractive, but no one can guarantee high returns in mutual funds. The returns are influenced by market fluctuations.

However, the investing platform looks easy to use and suggests you solutions based on your long term goals.

Tagged With: fincashfincash review
Categories: Mutual Funds
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Discussion (1)

    I recently heard about Fincash, this online mutual fund investment platform. Their tagline says, "invest in best performing mutual funds". Do they actually guide in doing so? I mean, I want to put some amount in mutual funds. So, should I invest in SIP in mutual funds through it? Is Fincash login and investment through it easy and beneficial? Or there is another better alternative available to it?

Related FAQs

What are benefits of SIP in mutual funds investment?

SIP stands for Systematic Investment Plan. You can invest a fixed amount of your choice and set a specific date for investing your money monthly, bi-monthly or fortnightly.

What is SIP in mutual funds? How to start SIP online?

The introduction of Systematic Investment Plan (SIP) in the mutual fund is regarded as one the major breakthrough in the financial sector. It has helped to attract a new class of investors in the sector who were not comfortable to invest a lump sum at a time.

Is Groww App Safe for Mutual fund and Stock Investing?

Yes, Groww app is completely safe for mutual fund, stock investing and trading. As a popular mutual fund investment plaftorm, Groww established itself quite well in the past few years. Now, it has also enetered the stock broking space so it's really good to see new entrants amid existing top discount brokers in India.

How to invest in mutual funds with or without demat account?

Investors looking to invest in mutual funds without a Demat account can invest through financial institutions, independent financial advisors, AMC, and online portals.

Can NRIs invest in mutual funds in India?

Yes, any NRI can invest in mutual funds in India, if they follow some certain conditions under Foreign Exchange Management Act or FEMA Act 1999.

Are market highs good to invest in Equity mutual funds?

Understanding the relative position of the market, the absolute values do not matter much. What matters is what is the earnings multiple, currently the market is trading at, popularly captured by a metric called P/E ( Price to earnings).

Should you take a Loan to Invest in Mutual Funds?

Borrowing money for investing in mutual funds never really pays off. Its not the right thing to do given that mutual funds returns would not provide sufficient returns in the time which your loans have to be paid back.

Which is better FD vs. Mutual Fund vs. Real Estate Investment?

FD vs Mutual Fund vs Real Estate Investment has its advantages in terms of how much you invest and your investing period. Longer the period, higher the returns.

Which is better investing in equity, mutual funds, or keeping money in banks?

Equity and mutual funds are perfect if you want to invest in companies while seeing your money grow in a short period. Moreover, the chances of compounding your investments are higher. But the risk associated is equally greater considering the growth of companies and their performance in offering returns. But then keeping money in the bank is the safest way to keep your earnings. But then, due to inflation and low returns on interest, that value of the money kept might be cut down drastically.

What is difference between Mutual funds and Hedge funds?

In a way, there are a lot of similarities between Mutual Funds and Hedge Funds. In the both types of investments, a group of investors pool their money and invest in different type of securities. The main misconception about the funds is that people think that they are similar and the terms are interchangeable. In reality, they are not same and there is a very thin line between them.