SBI Mutual Fund – is a mobile application for Android designed to help Indian users invest in mutual funds from SBI Funds Management Limited company. With this utility, clients can start financial transactions instantly, without the need for any physical paperwork.
Investment
With this utility, users can invest in a range of schemes, including equity, debt, hybrid, and tax-saving funds. The app allows users to set up and manage Systematic Investment Plans. SIPs offer to fund a fixed amount at regular intervals.
Moreover, users can view their portfolio summary, track the value of their investments, and monitor the latest net asset values of mutual fund schemes. The app also provides transaction history, account statements, and tax certificates.
Planning and security
Beyond its investment options, SBI Mutual Fund helps users to enhance their financial planning. It provides calculators to estimate potential returns and determine specific financial goals. There are also various educational resources, articles, and market insights.
Furthermore, this platform employs security measures and encryption protocols to ensure that investors’ data remains confidential and protected. Also, the app keeps transaction history and account statements, so users can view them on the go.
Features
- allows clients to invest in mutual funds;
- like ICICI direct, it is intended for Indian residents;
- there are financial planning options;
- it is possible to manage your portfolio and view transactions history;
- app is free to download and use;
- compatible with current Android versions.
