If you’re just beginning your investment journey and wondering how to buy mutual funds, stocks, or even ETFs — you’re probably considering popular platforms like Zerodha, Groww, or Kuvera. These apps are beginner-friendly and have made investing more accessible than ever in India.
In this guide, we’ll walk you through each platform and help you understand how to get started, what each one is best for, and how to make your first investment confidently — whether it’s mutual funds, stocks, or SIPs.
Why Use a Platform at All?
Before apps like Zerodha, Groww, or Kuvera, investing in mutual funds or stocks meant filling long forms, signing physical documents, or going through agents who charged hidden commissions.
These platforms:
- Remove intermediaries
- Make investing paperless
- Help track and manage investments easily
- Offer commission-free options
Let’s Compare the Three Platforms Quickly
| Platform | Best For | What You Can Do | Charges |
|---|---|---|---|
| Zerodha | Stock Market | Buy/sell stocks, ETFs, mutual funds | ₹200–₹300 account opening + brokerage |
| Groww | Mutual Funds + Stocks | Buy mutual funds, stocks, ETFs | ₹0 for MF, ₹20/trade for stocks |
| Kuvera | Direct Mutual Funds | Commission-free mutual funds | ₹0 |
1. How to Use Zerodha (Best for Stock Market Beginners)
Zerodha is India’s largest stock broker. It’s ideal for those who want to invest in stocks, ETFs, and even mutual funds, all in one place.
Step-by-Step:
- Open an Account
Visit zerodha.com, sign up, enter PAN, Aadhaar, and bank details. Complete KYC with e-sign and video verification. Pay the account opening fee (₹200–₹300). - Log into Kite
Kite is Zerodha’s trading platform. Use your login credentials to access the dashboard, watchlists, orders, and reports. - Start Investing
Search for a stock or ETF. Click “Buy”, enter quantity, set order type (Market or Limit), review, and confirm. - Add Mutual Funds (Optional)
Use Coin by Zerodha to invest in direct mutual funds commission-free.
Note: Brokerage: ₹20 or 0.03% per trade. Best for serious equity investors.
2. How to Use Groww (Best for All-in-One Beginners)
Groww is a mobile-first app that helps you invest in mutual funds, stocks, ETFs, and even FDs. It’s beginner-friendly with a clean interface.
Step-by-Step:
- Sign Up
Visit Groww.in, enter mobile/email, and complete KYC using PAN, Aadhaar, and bank details. No account opening charges. - Mutual Fund Investing
Tap “Mutual Funds”, search by goal, select a fund, and choose SIP or one-time investment. Confirm and invest. - Stocks & ETFs
Tap “Stocks”, choose a company, and place a buy order. Set order type and quantity. - Track Your Portfolio
Use the app to monitor performance, check insights, and manage your holdings.
Why Groww? No commission on mutual funds, clean interface, beginner friendly.
3. How to Use Kuvera (Best for Mutual Fund SIPs and Tax Planning)
Kuvera is a direct-only mutual fund platform. Perfect for DIY investors and goal-based investing.
Step-by-Step:
- Visit Kuvera
Go to kuvera.in, sign up, and complete KYC using PAN, Aadhaar, and bank proof. You can add family members too. - Explore Funds
Choose from categories like tax-saving (ELSS), retirement, or long-term wealth funds. - Start SIP or Lump Sum
Select your fund, input SIP amount/date, and confirm auto-debit through bank/UPI. - Track and Rebalance
Kuvera provides tax planning, portfolio health checks, and nudges to rebalance.
Extras: Tax harvesting, family portfolios, advanced tools.
Which One Should You Choose?
| Your Need | Best Platform |
|---|---|
| Just want to invest in mutual funds (direct) | Kuvera |
| Want SIPs + stocks in one app | Groww |
| Want to learn trading + invest in stocks seriously | Zerodha |
| Only want SIPs without sales push | Kuvera or Groww |
| Want access to ETFs + charts + analytics | Zerodha |
Tips for All First-Time Users
- Start small — ₹100–₹500 SIPs are fine.
- Don’t chase returns — Choose consistent, high-rated funds.
- Always check for hidden fees — Direct plans save you 1%–1.5% annually.
- Automate SIPs to build discipline.
- Avoid penny stocks or hype coins.
Final Thoughts: Start with What You Understand
All three platforms — Zerodha, Groww, and Kuvera — have made investing easier than ever. But the best app for you is the one you’ll actually use and understand.
If you’re just starting your wealth journey with MyFirstLakh, begin with a direct mutual fund SIP on Groww or Kuvera. Once you’re confident, add stocks and ETFs through Zerodha or Groww.
Start small. Stay consistent. Learn as you grow.
