Fintech
Profinity Mutual Fund App: Mutual Fund Investing from ₹100
How the Profinity Mutual Funds app brings 50+ fund houses and 2,500+ schemes to investors in smaller cities, towns and villages, starting from ₹100.
By Editorial Team
Published
Profinity Mutual Fund is a digital mutual fund distribution platform founded and led by Ashish Paliwal. It connects investors and mutual fund professionals with investment solutions, and its app, Profinity Mutual Funds, is available on Google Play.
Built for investors beyond the big cities
The app is designed to bring mutual fund investing to investors in smaller cities, towns and villages. According to Profinity, it gives access to more than 50 fund houses and over 2,500 schemes, and investing can start from ₹100.
What the app offers
The home screen shows featured funds and ready-made collections, such as Large Cap and Tax Saving, with quick access to New Fund Offers (NFOs) and SIP schemes.
Recognised by fund houses
Profinity's mutual fund distribution business has been recognised by several asset management companies. Bajaj Finserv Asset Management awarded Profinity Mutual Fund Distribution Private Limited a Certificate of Excellence for its contribution to the Bajaj Finserv Balanced Advantage Fund NFO (2023). Aditya Birla Sun Life Mutual Fund named Profinity Mutual Fund a Gold Member of its Privilege Club for FY 2016–17. Reliance Mutual Fund recognised it as a Platinum Partner, and Mirae Asset presented an appreciation for its contribution to the launch of the Mirae Asset China Advantage Fund.
Before you invest
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully, and consider speaking to a qualified advisor about your own goals before investing.