Is creating an/investing from amazon kuvera safe?

68°
Deal Subedar
Sasuke97

I just saw amazon kuvera investment/SIP thing under amazon and was halfway through making a profile... (was impulsive on my part) Given Pan and aadhar photos too but haven't done anything further yet..

Wanted to ask for opinions from dimers so do share your honest opinions.

Thanks in advance 🙏

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7 Dimers
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Buying mf units through any third party, is safe, as your actual investment is still with the actual mf houses. 

Pro DealBaba Pro DealBaba
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Safe

Benevolent Benevolent
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but why amazon kuvera ? why not thru trusted platforms like mfcenteral, mycams, groww.

although your investment is received by mf house/rta only, but still one should avoid using petty apps they may shut down soon/sell your data/or any tech issue. so why take risk.
Deal Subedar Deal Subedar
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Don't know about kuvera.. but have trust on amazon. They have solid security on financial transactions/activities.

Many are saying it's safe so I'll like to see for a more (maybe).. hopefully they have a delete profile/data action. 

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Deal Cadet Deal Cadet
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best is buying MF's directly from their own fund houses:) nothing can beat this 100% for sure

only disadvantage is hard to maintain you have to maintain excel sheet lol with folio number for each Fund House:P but its worth it:) 101% smile

Deal Subedar Deal Subedar
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Not an expert, so just taking baby steps and taking help from 3rd party side and they're free and not charging and atleast have faith in Amazon financial security.

Hopefully, there is a way to close amazon kuvera profile and delete all my data when I'm confident enough to follow the steps you've mentioned

:)

And thanks to all who has shared their valuable opinions. It means a lot 🙏

Benevolent Benevolent
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kuvera is now owned by cred so choose wisely

Deal Subedar Deal Subedar
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Hmm? Does cred have a history of getting hacked or selling bank details?

I've not heard about it but maybe I missed some big news in between?

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