How is Kuvera different from FundsIndia, Scripbox etc? Aren't they also free investment platforms?

1Answer

While FundsIndia, Scripbox and others advertise themselves as free investment platforms, they are far from it. They help you invest in regular plans of Mutual Funds and in return get commissions (up to 1.5% per year) from the Mutual Fund companies, commission that gets charged as a higher expense ratio to you.

Kuvera, on the other hand, is truly free. We help you invest in Direct Plans of Mutual funds and thus do not receive any commissions.

Learn more about the differences between Regular and Direct Mutual Fund plans here.

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