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Direct Mutual fund investment through kuvera.in?

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imRAyush

Hi, I recently came to know about kuvera.in, which claims to be providing direct mutual fund investment free. I want to know if anyone using their services? Is their service really free? Is it safe to invest through them?

NB: I have applied in MFU India but they haven’t provided me any login credentials, also tried mailing them, no fortune.

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Deal Cadet Deal Cadet
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Why invest through third party sites when you can do it from camsonline.com

Deal Cadet Deal Cadet
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Reliance and few other AMCs are not supported.

Deal Subedar Deal Subedar
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First preference should be MFU. If you have got eCAN, check in spam folder also, then you have to write to them for login and password.

Deal Cadet Deal Cadet
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Already sent mail them with CAN number.

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Deal Cadet Deal Cadet
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You can chat with MFU team from their facebook page. Even I also waited for long time and finally I contacted them via their facebook page and got CAN number after 2 days.

Deal Cadet Deal Cadet
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Can you please provide me official mfuindia facebook page link? I have found this https://www.facebook.com/MF-Utility-1015344921...., which seems to be fake. Please help.

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Deal Cadet Deal Cadet
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Thank you. I’ll try this.

Deal Subedar Deal Subedar
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Avoid MFU like plague. Its a handicapped site. Transactions are not reflected in portfolio for long time & lots of other issues.
Their support sucks big time & it seems there is some rotten scam inside.
The managers are fat rats and want to keep investors away to benefit the paid platforms.
Use camsonline/reliancemutual/franklintempletonindia for direct products. You wont need MFU or any other 3rd parties.

Deal Newbie Deal Newbie
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Good suggestions

Deal Subedar Deal Subedar
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Thread seems to have taken different route to MFU. But what is wrong with Kuvera and their advice ?

Deal Cadet Deal Cadet
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Bump, any one using Kuvera app, seems better than Zerodha for direct mutual fund. Any views?

Deal Cadet Deal Cadet
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I am no expert in Mutual fund investments. I use Invezta for direct investement. Recently came across one more platform groww.in which also seems good.
Here is the review link for the same:

Deal Subedar Deal Subedar
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Any first hand reviews about groww ? Any limit like other competitors, that you can only invest certain amount as direct later, you will have to subscribe them ?

There are referral threads running parallelly:
https://www.desidime.com/forums/freebies-all-fr...

Deal Newbie Deal Newbie
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I am using Kuvera since past 4 months and I can tell you that they have the best portal which provides direct MF free of cost and have really come up to the expectations of their clients.

Helpful Helpful
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I use zerodha, they charge INR 59 a month as maintenance fee which is fair as direct funds dont give anything to them,
avoid sites who claim they are free, they will try to sell you something else in future, or may be sell your data

Deal Subedar Deal Subedar
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How can you be so sure that zerodha don’t sell your data ?

Deal Newbie Deal Newbie
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Better you use Baroda m invest for direct plans. No charges and it is app of a reputed PSB.

Deal Subedar Deal Subedar
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I am using Kuvera since 6 months and I am fully satisfied with the app. The app has minimal design without any ads and I don’t remember even getting any notification from the app. They really care for your feedback and try improving their platform. With direct plans of almost all the mf this app is best to invest in mutual fund.

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