Article

Which are the best investment management apps

Topic: Career DevelopmentPublished September 4, 2019
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Investments are an advantageous way to grow your wealth and secure your family's long term future. However, manually tracking these investments can be an arduous task. An investment tracker app makes things easier. To help you download one, we have listed a few apps that will smoothly track your investments. 1. Investment Safeguard Investment Safeguard is India's first of a kind fintech vault app, which aims to safeguard the investment details of its customers. This app also ensures the availability of a person's investment details to their loved ones, in case of an unforeseen mishap. Let's look at some of the advantages of downloading the Investment Safeguard app - a. Store all types of investment details You can store details from multiple investments on this app. If you buy the premium version of this app, you can store up to 18 investments. Thus, you will never fall short of space. Also, uploading details on this app is a hassle-free experience. You can either fill requisite rows or upload PDF/image file of your investments. Hence, you can produce these documents whenever and wherever needed. b. Keeps your family in the loop One of the primary USPs of this app is that it keeps your family in the know. Let's take an example of your mediclaim. In case you meet with an accident, your family can pay or reimburse your hospital bills if they know about your mediclaim. However, the app also understands the privacy surrounding your investments, given the sensitivity of the information. Therefore, Investment Safeguard lets you give preference to the added family members. The app will verify their contact details, and you can customize the type of notifications your family receives. Thus, you will only share details that you are comfortable sharing. c. Provides timely reminders After adding your investment details and family preferences, you will receive reminders from the app to make sure everything is fine on your end. You can also configure the type of reminders and the frequency at which you want to receive notifications. d. Secured platform With modern security features encrypting investment apps, a third party can't access it. Therefore, it eliminates the risk of data hacking or data leak. Thus, your investment details in the app are safe and sound. 2. Moneycontrol By downloading the Moneycontrol app, you can create a portfolio that will summarise all your stock market and mutual fund investments. The app will also update you with the latest value of your investments. The portfolio also lets you track your investments on the app. It will also suggest whether you should buy or sell your investments. The app also has an active forum wherein you discuss with fellow investors about investment ideas, the best time to buy or sell a share and other investment-related queries. 3. Tax Calculator India With the constant changes in taxation policies and increment in the number of taxes, computing your taxes has become a difficult task. Hence, you need an app that provides you with constant updates and helps you with tax planning. In that case, Tax Calculator India is the app for you. It gives you a better understanding of income tax and helps you in computing your taxes. These are the various investment management apps you can download from the play store. Happy investing!

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