Mutual Fund - Feature Request

Product Feedback 🗣️
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Hi @PravinJ ,

Mentioned below few pointers which are Must Have for Mutual Fund Apps. Could you please share your thoughts on the same and whether they are in product backlog / pipeline ?

Enclosed below are few points worth considering:

  1. Investing Type: Ability to choose between Demat vs SOA while investing.
  2. Features related to SOA type MF : Features like STP, SWP, SWITCH Funds.
  3. SIP Frequency - Introduction of Daily SIP (Nice to have)
  4. Mutual Fund - Web Version

I saw a similar post regarding SWP request, which i think is under consideration, however, STP & Switch Funds are equally important. What do you suggest ?

Another, query - is it possible to have a feature like - Capital appreciation SWP (Quarterly / Half yearly) feature along with normal SWP. Hope I am making sense. i.e X+Y (Where x is the capital and Y is the profit earned), then only Y will be automatically redeemed via SWP (Quarterly / Half yearly).

I think this feature not available in any app so far, but only one or few mutual fund house offer this service directly or via MF central (I guess, not sure).

Kindly review, and let me know.

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Hi @nibeditadas Thanks for your feedback, we will evaluate this as we build our Mutual Funds product. We are still in our early days and making the experience better.

  1. This isnt provided by any platform, most either go via Demat or via SOA.
  2. We will be evaluating these in coming days.
  3. Yes, we have monthly and weekly as of now
  4. We are considering this for portfolio, Web versions for Mutual Fund have very very less demand. Today over > 99% MF investments across platforms happen via apps.

Hope this helps. There is always something on at Dhan to improve the investing experience, lots is planned for Mutual Funds too.

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@PravinJ Web version should be enabled, at least buy and sell if not much features. Untill you don’t enable, we won’t be able to know to usages of the web as now we have only Mobile options and everyone is forced to use MF via Mobile only.

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Yes. @nx.vijay You will like what we bring to you, atleast we are hoping you will :smiling_face_with_tear:

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@PravinJ Regarding Point 1, ICICI Direct offers it. We can choose SOA or DEMAT while investing. Thank you.

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