In today’s fast-paced world, sticking to old-school investing strategies is like trying to use a flip phone in a smartphone era. The financial landscape is constantly evolving, making it essential to think differently. Creative investing involves exploring new asset classes, diving into innovative technologies, and focusing on sustainable options that align with your values. It’s not just about chasing trends; it’s about spotting unique opportunities that can enhance your portfolio while making a positive impact.
For young investors looking to enter the market, emerging platforms have simplified the investment process, turning their pennies into powerful assets. By adopting a creative mindset, these investors can tap into diverse options that yield higher returns and reduce risks.
Moreover, creative investing fosters adaptability. As markets shift and new trends emerge, being flexible allows you to seize opportunities that others might overlook. Whether it’s investing in startups, alternative assets, or socially responsible ventures, the possibilities are vast. Here are the top five creative investment platforms that can help you think creatively and shape a brighter financial future!
Groww
Groww has become the largest investing platform in India, recently reporting a doubling of new systematic investment plans, which now account for nearly 50% of total industry SIPs from 2023. This growth is fueled by younger investors, over 50% are under 35, and a rise in female participation, now at 24%. With SIPs making up 86% of Groww’s mutual fund investment volume and an average SIP value exceeding ₹6,000. Key features include the ‘Protect Order,’ which enhances trading discipline and simplifies trade management. Users also benefit from stock chart analysis guides, trend analysis resources, basic charting functionalities, and technical indicators. Both the Groww website and mobile app provide a user-friendly experience. As the largest investing platform in India, Groww is not only popular but also a safe and reliable choice for confident investing.
Kite By Zerodha
Zerodha redefined trading in India by pioneering a low-cost, zero-brokerage model for equity investments, making the stock market accessible to everyone. Its Kite platform offers powerful tools like advanced charting, real-time data, and a user-friendly interface available on mobile and desktop. With features like Smallcase integration for theme-based stock portfolios, Coin for direct mutual fund investments, and Console for detailed portfolio analysis, Zerodha has something for every investor. Additionally, Varsity, its free educational portal, helps users learn everything from basics to advanced trading. Zerodha combines affordability with sophisticated resources, making it India’s leading brokerage platform.
Multipl
Multipl is transforming the investment landscape in India with its unique approach to “spendvesting,” a blend of spending and investing. This application provides personalised investment advisory by creating mutual fund-style baskets tailored to individual lifestyle spending goals. This innovative model not only encourages users to think about their spending in a more strategic way but also helps them link their daily expenses, whether one-time purchases or recurring bills, to their long-term wealth generation and savings. By rolling out disruptive features with its fresh capital, Multipl aims to empower more Indians to seamlessly integrate investing into their everyday financial habits, making it both accessible and engaging.
5paisa
5paisa Capital Limited is a technology-driven financial services provider catering to retail investors and high-volume traders. Registered with SEBI and AMFI, it offers a range of services, including stock broking, mutual fund distribution, and advisory services through its advanced online platform and mobile applications. The company emphasises a DIY approach, allowing clients to trade in securities on NSE and BSE at low costs. With a focus on innovation and customer behaviour, 5paisa continuously enhances its offerings, including a robust trading platform, AI-powered robo-advisory services, and a seamless paperless account opening process.
Upstox
Upstox is another leading stock broker in India, known for its fast execution, advanced tools, and low brokerage fees. With a user-friendly interface and real-time market data, it makes trading easy on both web and mobile platforms, appealing to both beginners and experienced traders in intraday and F&O trading. Key features include access to over 12 charts and 100 indicators, unlimited watchlists for tracking favourite stocks, and the Upstox API for creating custom trading solutions. The platform offers a paperless account opening process and multiple options for fast and reliable trade execution.