Niyo Money is a goal-based investment advisory platform that helps you plan and achieve your financial goals through investments in direct (commission-free) mutual funds. We help recommend funds and the ideal asset allocation based on your goal plans (this considers the type of goal, duration of the goal, the risk level you select, etc.). You can choose to invest in the funds of your own choice too (and not go with the recommendations).
This is primarily an advisory-based platform at the moment (for mutual funds). We also offer the option of investing in domestic Stocks & ETFs (for Resident Indians, in tie-up with 5Paisa - a stockbroking platform).
We will also look to add more financial products in the time to come.
You can sign up with Niyo Money over the Website or even download the App from:
NiyoX is a 2 in 1 account, wherein you get the best of both Banking (savings account) and Investing options (Investment account). The Savings Account is in partnership with Equitas Small Finance Bank and the zero commission Mutual Fund Investment section is powered by Niyo Money.
Unlike Niyo Money, there are no goals nor advisory in NiyoX and is instead more of a "Do it yourself" platform. You can search for any funds of your choice (based on your research, ratings, or anything else you may consider) and then invest in them.
Since Niyo Money powers mutual fund investments in NiyoX, any investments made from your NiyoX account would also reflect in your Niyo Money Account with the same email ID (and vice-versa).
We will also look to add more financial products here, in the time to come.
Through our apps, we ultimately wish to provide you the best of banking and investments. We wish to be a one-stop destination for all your banking and investment needs.
You can download the App from both Play Store (Android) and App Store (iOS)