Comparing 8 platforms: Zerodha, Groww, Kuvera, ET Money, Paytm Money, Coin, Angel One, INDmoney. For stocks, SIPs, direct mutual funds and goal-based investing.
📅 Last updated: March 2026
💰 Zero-commission MF platforms available
📊 SEBI registered platforms only
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₹0
Min SIP (Kuvera)
₹0
MF Commission (Direct)
8
Platforms Compared
1,400+
Funds Available
🏆 Best for Direct MF + Goals
Kuvera
₹0 Commission
100% direct plans
₹0
Platform Fee
1,400+
Funds Available
₹100
Min SIP
4.8★
User Rating
Key Features
✓ Goal-based investing engine
✓ Family account management
✓ Tax harvesting automation
✓ External fund import & tracking
✓ WhiteOak + Zerodha MF access
✗ No stocks / F&O trading
📊 Best Stocks + MF Combo
Zerodha (Kite + Coin)
₹0 MF + ₹20/trade
flat fee for stocks
₹0
MF Commission
₹20
Stock Trade Fee
1,000+
Funds via Coin
4.7★
User Rating
Key Features
✓ One of Free stock brokers by volume
✓ Direct MF via Coin (₹0 commission)
✓ Options & F&O trading
✓ Zerodha Varsity — free education
✓ Streak for algo trading
✗ No goal-based planning
👶 Best for First-Time Investors
Groww
₹0 MF + ₹20/trade
zero commissions on MF
₹0
MF Commission
₹20
Stock Trade Fee
1,200+
Funds Available
4.6★
User Rating
Key Features
✓ Simplest UI in India
✓ 3-minute account opening
✓ US stocks via Groww Global
✓ Gold via sovereign bonds
✓ 5 crore+ active users
✗ Weaker research tools vs Zerodha
🎯 Best Goal Planning
ET Money (ETMF)
₹0 / ₹99/mo
Genius plan optional
₹0
Basic Plan
₹99/mo
Genius (Advisory)
1,100+
Funds Available
4.5★
User Rating
Key Features
✓ Smart portfolio suggestions
✓ Goal-based auto SIP setup
✓ Insurance & expense tracker
✓ EPF balance tracking
✓ ET Money Genius (AI advisor)
✗ No direct stock trading
📱 Full-Service Discount Broker
Angel One
₹0 delivery
₹20 F&O per trade
₹0
Delivery Trades
₹20
F&O / Intraday
₹0
Demat AMC (1yr)
4.3★
User Rating
Key Features
✓ SmartAPI for algo trading
✓ ARQ — AI-based stock picks
✓ Research reports & tips
✓ NRI investment support
✓ IPO investments included
✗ UI not as clean as Zerodha
Paytm Money
₹0 MF
₹15 stock trades
₹0
MF Commission
₹15
Equity Trade
1,000+
Funds Available
4.1★
User Rating
🌍 Best for US Stocks + India
INDmoney
₹0 + $2.99/mo US
India MF free
₹0
India MF
$2.99/mo
US Stocks Plan
$1
Min US Stock SIP
4.4★
User Rating
📊 Feature Comparison Table
Platform
MF Commission
Stocks
Direct Plans
Goal Planning
US Stocks
Min SIP
Best For
Kuvera
₹0 ✓
✗ No
✓ All 1,400
✓ Excellent
✗
₹100
Direct MF + Goals
Zerodha
₹0 ✓
✓ ₹20 flat
✓ 1,000+
✗ Basic
✗
₹100
Active traders + SIP
Groww
₹0 ✓
✓ ₹20 flat
✓ 1,200+
~ Basic
✓ Groww Global
₹1
Beginners
ET Money
₹0 ✓
✗ No
✓ 1,100+
✓ Best-in-class
✗
₹100
Goal-based SIPs
Angel One
₹0 ✓
✓ ₹20 flat
✓
~ ARQ tool
✗
₹500
NRI + full-service
Paytm Money
₹0 ✓
✓ ₹15 flat
✓
✗ Basic
✗
₹100
Existing Paytm users
INDmoney
₹0 ✓
✓ Via NSE/BSE
✓
✓ Net worth view
✓ $2.99/mo
₹100
Wealth tracking + US
🏆 Our Pick by Investor Type
First-time investor (just starting SIPs): Start with Groww — simplest app, 3-minute KYC, ₹1 min SIP.
Serious long-term MF investor: Move to Kuvera — 100% direct plans, tax harvesting saves more than any other platform at 50L+ portfolios.
Stock trader who also does SIPs:Zerodha — Direct MF via Coin, trading via Kite.
Want guidance / goal-based:ET Money Genius — ₹99/mo for AI-curated fund selection. Worth it if portfolio > ₹5L.
Want US stocks + India in one place:INDmoney — track everything together. Best for HNI tracking net worth.
💡 Direct Plan vs Regular Plan — The Most Important Thing to Know
Direct Plans (Kuvera / Groww / Zerodha Coin) 0% commission. The AMC does not pay any distributor. Your entire investment grows. A ₹10,000/month SIP in direct plans for 20 years = ₹15–20L more than regular plans.
Regular Plans (HDFC Securities, broker, bank MF) 1–1.5% commission is deducted from your returns annually as distributor fee. On a ₹50L portfolio, that's ₹75,000 per year going to the distributor — not to you. Avoid unless you need active advice.
Expense Ratio Matters Check the TER (Total Expense Ratio). Direct plans of the same fund have 0.5–1% lower TER than regular. Compounded over 20 years, this is the difference of lakhs.
Tax on MF in 2025 LTCG: 12.5% on equity gains above ₹1.25L/year. STCG: 20% on equity sold before 1 year. Debt MF: taxed as per income slab. Use tax-loss harvesting (Kuvera auto does this) to offset gains.
📊 Calculate Your SIP Returns
See how much ₹5,000/month SIP grows to in 20 years at 12% CAGR