{"id":953,"date":"2024-04-22T05:30:41","date_gmt":"2024-04-22T05:30:41","guid":{"rendered":"https:\/\/jamawealth.com\/askguru\/?p=953"},"modified":"2026-03-02T19:29:30","modified_gmt":"2026-03-02T19:29:30","slug":"how-can-mutual-fund-apps-like-groww-myway-jama-etc-provide-direct-funds-are-they-not-brokers-how-do-these-apps-earn-there-livelihood-without-commission-whats-the-inside-story-of-such-apps-ho","status":"publish","type":"post","link":"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/22\/how-can-mutual-fund-apps-like-groww-myway-jama-etc-provide-direct-funds-are-they-not-brokers-how-do-these-apps-earn-there-livelihood-without-commission-whats-the-inside-story-of-such-apps-ho\/","title":{"rendered":"How can mutual fund apps like Groww, MyWay, Jama, etc, provide direct funds? Are they not brokers? How do these apps earn there livelihood without commission? What&#8217;s the inside story of such apps? How safe is it to use app&#8217;s like these in question?"},"content":{"rendered":"\n<p>Jama is not a broker. It does not make any revenue from producers. The clients pay a fee to keep us going.<\/p>\n\n\n\n<p><strong>Safety:&nbsp;<\/strong>It is absolutely safe to use&nbsp;<a href=\"http:\/\/jama.co.in\/\" target=\"_blank\" rel=\"noreferrer noopener\">Jama.co.in<\/a>&nbsp;and there is no catch. Your units are held with the respective AMCs and Jama integrates with 40 of them, giving you the best of choice on one platform.<\/p>\n\n\n\n<p><strong>Sustainability:&nbsp;<\/strong>Unlike most other platforms Jama is a subscription service with a nominal flat price for the investment and financial planning platform.<\/p>\n\n\n\n<p><strong>Advisory Model<\/strong>: HNIs can avail the personalised investment advisory service. Compared to the 1.5% per year that investors pay with regular plans, Jama cuts down the fee down by one-third or even on-sixth.<\/p>\n\n\n\n<p>There is also an option to go for an outcome based pricing, in which the investor shares the extra profit above a hurdle with Jama. To know more you can write to&nbsp;<a href=\"mailto:help@jama.co.in\" target=\"_blank\" rel=\"noreferrer noopener\">help@jama.co.in<\/a><\/p>\n\n\n\n<p>Ultimately do not fall for \u2018all is free\u2019 platforms. I have seen many which recommend equity SIPs for investors with 1\u20132 year time horizon. Go for a clean platform that charges a reasonable fee. After all, it is your hard earned money.<\/p>\n\n\n<!-- mw-cta-block -->\n\n<div class=\"mw-cta-block\" style=\"background:#EEF3FC;border-left:5px solid #1C52A0;padding:22px 26px 20px;margin:36px 0 24px;border-radius:0 10px 10px 0;\">\n  <p style=\"margin:0 0 4px;font-size:11px;font-weight:700;color:#276FC4;letter-spacing:1px;text-transform:uppercase;\">Maxiom Wealth \u2014 Free Tool<\/p>\n  <h3 style=\"margin:0 0 10px;font-size:19px;font-weight:700;color:#113E81;line-height:1.3;\">Is Your Mutual Fund Working Hard Enough?<\/h3>\n  <p style=\"margin:0 0 18px;color:#444;font-size:15px;line-height:1.65;\">Two funds with similar star ratings can deliver very different outcomes. Use our fund comparison tool to check if you&#8217;re in the right scheme for your risk profile and investment horizon.<\/p>\n  <a href=\"https:\/\/maxiomwealth.com\/resources\/calculators\/better-funds-checker\" style=\"display:inline-block;background:#1C52A0;color:#fff!important;padding:11px 22px;border-radius:6px;text-decoration:none;font-weight:600;font-size:14px;margin:0 10px 8px 0;\">Compare Funds \u2192<\/a>\n  <a href=\"https:\/\/maxiomwealth.com\/meeting\" style=\"display:inline-block;border:2px solid #1C52A0;color:#1C52A0!important;padding:9px 22px;border-radius:6px;text-decoration:none;font-weight:600;font-size:14px;margin-bottom:8px;\">Talk to a Financial Advisor<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Jama is not a broker. It does not make any revenue from producers. The clients pay a fee to keep us going. Safety:&nbsp;It is absolutely safe to use&nbsp;Jama.co.in&nbsp;and there is no catch. Your units are held with the respective AMCs and Jama integrates with 40 of them, giving you the best of choice on one&hellip;&nbsp;<a href=\"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/22\/how-can-mutual-fund-apps-like-groww-myway-jama-etc-provide-direct-funds-are-they-not-brokers-how-do-these-apps-earn-there-livelihood-without-commission-whats-the-inside-story-of-such-apps-ho\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">How can mutual fund apps like Groww, MyWay, Jama, etc, provide direct funds? Are they not brokers? How do these apps earn there livelihood without commission? What&#8217;s the inside story of such apps? How safe is it to use app&#8217;s like these in question?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26,50],"tags":[],"class_list":["post-953","post","type-post","status-publish","format-standard","hentry","category-investments","category-platforms-and-demat-investments"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=953"}],"version-history":[{"count":1,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/953\/revisions"}],"predecessor-version":[{"id":3743,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/953\/revisions\/3743"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}