Which is better Zerodha or Groww for Mutual fund?

Zerodha and Groww both are providing direct mutual fund investment via Zerodha Coin and Groww Mobile app at Zero commission. The answer to this question of who is better for mutual fund investment Zerodha vs Groww lies in seeing the comparative analysis of their offerings and Services.

1. Pre-defined Bouquet of Mutual Funds: A key feature that is provided by Groww and is missing in the Zerodha Coin app, the readymade bouquet of Mutual funds in which you can find funds based on your investment needs such as “High return”, “Better than FD”, and “Top companies”. This is helpful for users who do not have much knowledge of investing. It guides users to these groups of mutual funds based on their investment goals.
2. Mutual Fund Comparision: Groww also provides their user and an important feature in which it provides a comparison of different mutual fund schemes. This is very useful for a user who does not have an idea of which mutual fund he or she should invest. This feature allows them to compare returns over a period of time and lets them add up to three different funds.
3. Dashboards and analytics: Groww provides useful dashboards and analytical tools which provide good infographics on the various options to invest in. The dashboards provide users a historical analysis of their funds’ performances and returns on investments.
4. Xperts: Groww also provides an option to seek expert guidance on how to invest. This section contains tips and tricks from some of the biggest names in the industry, enabling users to make a well-informed decision.
5. Tracking external investments: The Groww app also lets users combine the tracking of external investments along with their current investments. This enables the user to track and monitor all their funds from a single space using the Groww platform. Zerodha Coin, however, does not have this feature as it requires users to create a Demat account with Zerodha, thus limiting the view on the app to just the investments made using that Demat account.
6. Need of Demat Account: The biggest differentiator between the two apps is that the Groww app does not need a user to have a Demat account and just needs a user to complete their KYC on the app. Zerodha, however, requires a user to have a Demat account, offering an extra hurdle for users to register and start using the app.
7. Customer Support: The Groww app does not have a call center number for users to dial into in case of any issues that users need to resolve. Zerodha, on the other hand, has calling support, and users can immediately have their issues addressed by talking to a customer care executive, giving Zerodha the advantage of customer support.

If you ask My opinion Groww vs Zerodha who is better for Mutual fund investment?

I would Say as of Now Groww as The features mentioned above definitely give the Groww app a slight edge over the Zerodha Coin app.

The Zerodha Coin may be helpful for users who are experienced with investments and know precisely what they want to do. Still, the Groww app offers a lot more value to a user – experienced and inexperienced alike, making it a better investment platform.