
Kuvera is an app that allows users to invest in mutual funds, fixed deposits, stocks and more. It is marketed as a safe space to invest, but is it really safe to invest through Kuvera? In this discussion, we will explore the safety of using Kuvera for investments, particularly for bigger investments. We will consider user experiences and opinions, as well as the app's features and processes, to determine whether Kuvera is a secure platform for managing and growing your investments.
Characteristics | Values |
---|---|
Safety | Kuvera is described as a "safe space to invest" and users have said that they "never faced any issue" |
Access to money | Kuvera does not hold your money and never has access to it |
Family accounts | Kuvera has a FamilyAccount feature that allows you to manage investments made by family members |
Track investments | Kuvera helps you keep track of various investments |
What You'll Learn
Kuvera is a safe space to invest
Kuvera is a safe option because your money is never held by them. Instead, your money is directly invested with asset management companies (AMC), and payments are processed through the Bombay Stock Exchange (BSE). This means that Kuvera never has access to your funds, providing an extra layer of security for your investments.
Additionally, Kuvera offers a Family Account feature, which enables you to manage investments made by your family members in one place. This can be particularly useful if you are the one responsible for overseeing your family's financial portfolio.
Kuvera users have also praised the platform for its ability to keep track of various investments. The platform provides a comprehensive overview of your investment portfolio, allowing you to monitor your investments and make informed decisions.
Overall, Kuvera is a secure and reliable platform for investing. With its user-friendly features and focus on security, it offers a convenient way to diversify your portfolio and make informed investment choices.
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Kuvera doesn't hold your money
Kuvera is a safe space to invest in mutual funds, fixed deposits, stocks and more. The app lets you compare interest rates and invest in FDs. Kuvera doesn't hold your money. In the process of buying and selling, money never goes through their bank account. Instead, your money is directly invested with AMC, with payments happening through BSE and redemption through RTA.
Kuvera is also useful for keeping track of various investments. One user on Reddit said they had been using Kuvera since 2017 and had never faced any issues. Another user said they had been using Kuvera to manage their family's investments.
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Kuvera lets you compare interest rates
Kuvera is a safe space to invest, allowing you to compare interest rates and diversify your portfolio. The platform offers a range of investment options, including mutual funds, fixed deposits, and stocks. One of its key features is that Kuvera does not hold your money; instead, your money is directly invested with the asset management company (AMC), and payments are processed through the Bombay Stock Exchange (BSE). This means that Kuvera never has access to your funds, providing an extra layer of security for investors.
The Kuvera app is particularly useful for keeping track of various investments, making it easier to manage your portfolio. Additionally, Kuvera offers a Family Account feature, which can be beneficial for managing investments made by multiple family members.
When it comes to interest rates, Kuvera enables you to compare rates across different investment options. This feature is especially valuable for those considering fixed deposits (FDs). By comparing interest rates, you can make informed decisions about where to allocate your funds to maximise returns while minimising risk.
Kuvera's Tradesmart feature is another advantage, allowing you to switch to direct plans if you already have a regular plan for mutual funds. Regular plans can often be cumbersome and expensive, and Tradesmart provides an opportunity to optimise your investment strategy.
Overall, Kuvera appears to be a safe and user-friendly platform for investing, with features that cater to individuals looking to compare interest rates, track investments, and diversify their portfolios.
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Kuvera offers fixed-income investments
Kuvera is a safe space to invest. The app lets you compare interest rates and invest in fixed-income investments, such as fixed deposits (FDs) offered by Bajaj Finance Limited, Shriram Finance Limited and Mahindra Finance Limited.
Kuvera does not hold your money. In the process of buying and selling, money never goes through their bank account. Instead, your money is directly invested with AMC, with payments happening through BSE and redemption through RTA.
Kuvera also offers Tradesmart, which lets you switch to direct plans of the same mutual fund plan. Regular plans for mutual funds can be cumbersome and expensive.
Kuvera's FamilyAccount feature is a great tool to manage investments made by family members.
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Kuvera's FamilyAccount feature is a great tool to manage family investments
Kuvera is a safe space to invest, allowing you to compare interest rates and invest in fixed-income investments. The app lets you keep track of various investments and never has access to your money. Kuvera's FamilyAccount feature is a great tool to manage family investments. It lets you set up multiple accounts under the same login details, allowing you to manage investments made by family members. You can invest through multiple accounts (investment channels) for people in your family. The feature is currently being developed to allow linking of multiple existing accounts under one login.
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Frequently asked questions
Yes, Kuvera is safe for bigger investments as they never have access to your money. Your money is directly invested with AMC.
Kuvera lets you compare interest rates and invest in FDs. It also lets you keep track of various investments.
Kuvera offers a safe space to invest and lets you switch to direct plans with Tradesmart.