# Niyo Money — Invest in direct mutual funds > Managed direct mutual fund investments for financial goals. (iPhone/iPad app by ALPHAFRONT FINSERV PRIVATE LIMITED.) - Source: https://appshunter.io/ios/app/niyo-money/id1295003275 (this page in markdown: same URL + `.md`) - Developer: [ALPHAFRONT FINSERV PRIVATE LIMITED](https://appshunter.io/developer/1293141674) - Category: Finance - Price: Free - Rating: 4.38/5 from 16 App Store ratings · 55 written reviews indexed - Age rating: 4+ - Requires: iOS 13.0 · 200 MB - Languages: English - Released: 2017-10-12 - Data updated: 2026-06-10 - Monetization: free with in-app purchases - User reviews in markdown: https://appshunter.io/ios/app/niyo-money/id1295003275/reviews.md ## What is Niyo Money? Goalwise is now Niyo Money Get set! We're bringing you a power-packed suite of wealth products for an unparalleled investment experience. It's going to be so smart, simple, and effortless, it's #InvestingYoullLove. Invest in the best zero-commission direct Mutual Funds for free for all your financial goals. Don’t have the time or expertise to select Mutual Funds on your own again and again? Do you keep wondering if the Mutual Fund you have selected is the right one or should it be replaced? Is your portfolio cluttered with Mutual Funds bought years ago which you have never reviewed or replaced? Even after investing in Mutual Funds, you are not sure if you will be able to achieve your future goals like wealth creation or retirement? Do you feel you need to keep watching the business news in order to invest properly? Do you wish someone could just take care of all this for you so you could have peace of mind and do things you want? Well now you can! Goalwise is a fully managed goal-based investment advisory platform that takes care of all the above for you. You don’t have to be an expert to invest in Mutual Funds with Goalwise. We do all the research for you and the Goalwise app provides you the best fund recommendations based on our time-tested data-driven Mutual Fund selection strategy and according to your goals. Once you start investing, if there are any changes required in any of your investments, we notify you of the same and get you back on track in a few clicks. What’s more - with Goalwise you invest in the best zero-commission Direct Mutual Funds completely online for free. There are no transaction charges or any hidden fees. It is ideal for first time investors looking to get started quickly as well as for experienced investors looking for goal-planning and automation. Invest for all your goals - Save Tax by investing in handpicked ELSS Mutual Funds - Build an emergency fund by investing in Liquid Mutual Funds which provide instant redemption - Build Wealth by investing in handpicked Equity and Debt Mutual Funds as per your risk profile - Get better than FD returns at low risk. Invest in short-listed liquid funds or ultra short-term debt funds. - Plan and invest separately for your long term goals like retirement or children’s education with target and duration based recommendations You can plan and invest for each goal separately and see projections, set risk profile and track their progress. Invest in zero commission Direct mutual funds for free - Zero commissions, No transaction fees or any hidden charges - Only direct mutual funds - earn up to 1.5%+ returns as compared to regular Mutual funds - Sell anytime - money gets credited to your bank account directly - Switch to direct funds from other platforms for free Main Features: Zero confusion with our fully guided investing - Zero research required. For each goal, we provide a recommended set of funds which you can invest in easily. Every year, we update the list of funds to the latest best performing funds and you can easily rebalance your investments in just a few clicks. Periodic review and rebalancing of funds - We periodically review our list of recommended funds and replace the under-performing ones with better performing funds so that you are always invested in the best funds. Any changes are carried out just with a few clicks. Highly customisable - everything, including goal settings, fund selection, asset allocation and risk profile can be customised to suit the needs of every individual investor. Flexible SIPs - Start, stop or skip your SIPs without any penalty Great looking dashboard with goal-tracking Knowledgeable and friendly customer support Download the Goalwise app and get the fully guided investing experience that you were always wishing for. :) ## Key features - Zero-commission direct mutual fund investments - Fully managed goal-based investment advisory - Automated fund recommendations and updates - Goal planning for wealth creation, retirement, and tax saving - Instant redemption for emergency funds - Track investment progress and projections ## Recent user reviews (10 of 55) All indexed reviews: https://appshunter.io/ios/app/niyo-money/id1295003275/reviews.md ### 1/5 — Unable to access account *2025-10-07, version 1.5.7* It has been more than a week since the app is not opening (unable to log in) with no clear justification from the support team, as well as no timeline on a fix. As an investor, this is completely unacceptable, and contemplating what are the next steps I can take. ### 1/5 — Feels like a scam *2025-10-06, version 1.5.7* Cant change SIP cant even login now. I feel like its going bankrupt and there tech team is the reason. I want to move all investment to something else but there is no option ### 1/5 — This app is not working on iPhone 14 Pro *2025-10-04, version 1.5.7* I am using Niyo Money app since 2019 and suddenly it stopped working from last couple of days I am unable to log in with my registered email id and mobile number in Niyo Money app… I am getting error like “cancelled “ ### 1/5 — App not working *2025-10-03, version 1.5.7* App is not working from few days and there is no update on this, kindly update what happened so that we can plan on alternate ### 4/5 — Wonderful *2025-08-01, version 1.5.7* The goal based investing is great. The interface of the app is also very clean. I just wish that rebalancing feature could have been given to us. ### 1/5 — Time to exit Niyo Money *2025-07-18, version 1.5.7* Not able to modify SIP l, customer support team doesn’t respond anymore, escalation to operations team and grievance team is getting no response either. I think its time to move on. ### 1/5 — Feature under app stopped working *2025-07-04, version 1.5.7* I can neither modify the SIP nor change the goal. And, customer care no longer bothered to response or fix the issue. ### 1/5 — Stopped working *2025-01-05, version 1.5.7* How to kill a great app?? Simple, sell it to someone who is busy developing credit cards that no one is interested to buy and that someone isn’t interested in pursuing the original app. Goalwise was one of the market leaders in MF education and investment, but the Niyo guys totally ruined it. The app doesn’t works most of the time. There is always some error or the other. Now it doesn’t even loads… Pathetic customer experience… ### 1/5 — App stopped working *2024-11-03, version 1.5.3* App has stopped working since a few days. Unable to view anything. Getting a blank white screen with a pop up saying “cancelled” ### 1/5 — Not being able to login since the last 2 days *2024-11-02, version 1.5.3* Not being able to login since the last 48 hours. And there is little communication from Niyo team on what the issues is ## Frequently asked questions about Niyo Money ### What does Niyo Money do? Niyo Money is a managed investment advisory platform that helps you invest in zero-commission direct mutual funds for your financial goals. It handles fund selection, portfolio management, and provides recommendations based on your goals and risk profile, making investing smart, simple, and effortless. ### How does Niyo Money help with mutual fund investments? The app provides a fully guided investing experience, eliminating the need for extensive research. It recommends a set of funds for each goal and updates them annually. If any changes are required in your investments, you'll be notified and can adjust with a few clicks. ### Is Niyo Money free to use? Yes, you can invest in zero-commission direct mutual funds for free. There are no transaction charges or hidden fees. The app aims to provide a cost-effective way to grow your wealth compared to regular mutual funds. ### Who is Niyo Money for? This app is ideal for first-time investors looking to start quickly and experienced investors seeking goal-planning and automation. It caters to anyone who wants a hassle-free way to invest in mutual funds for various objectives like wealth creation, retirement planning, or tax saving. ### What types of goals can I invest for? You can invest for a variety of goals, including saving tax with ELSS funds, building an emergency fund with liquid funds for instant redemption, building wealth with equity and debt funds, and planning for long-term goals like retirement or children's education. ## Version history (last 5 releases) ### 1.6.1 — 2025-12-24 Bug fix and improvements ### 1.6.0 — 2025-10-16 ReKYC fixes and improvements ### 1.5.9 — 2025-10-07 Security Fixes ### 1.5.7 — 2024-12-03 Rekyc bug fix ### 1.5.5 — 2024-11-03 Minor bug fixes and performance enhancements to improve your experience. --- *Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-06-10.*