# SIP, Mutual Funds App - Sqrrl — user reviews

> 53 indexed App Store user reviews of SIP, Mutual Funds App by Sqrrl Fintech Pvt. Ltd., rated 5.00/5 from 8 ratings.

- Source: https://appshunter.io/ios/app/sip-mutual-funds-app-sqrrl/id1160797219/reviews
- App overview in markdown: https://appshunter.io/ios/app/sip-mutual-funds-app-sqrrl/id1160797219.md
- Rating breakdown: 5★ 8 · 4★ 0 · 3★ 0 · 2★ 0 · 1★ 0

## Newest reviews (10 of 53)

### 4/5 — Nice interface to set investment goals

*2021-03-12, version 4.1.11*

The feature of setting investment goals is well done.

### 4/5 — Subscription fee

*2020-11-17, version 4.1.4*

Now they are charging 30/- INR for monthly payment. I think they need to reduce the fee. Overall the app is well organised.

### 1/5 — Worst service

*2019-05-14, version 3.0.12*

My account has been put on Hold due to KYC. I have already added Money and uploaded relevant documents for KYC. After two days, I got e mail regarding KYC pending and it’s already more than 10 days, still pending. I want to withdraw my money.

### 2/5 — Easily understandable

*2019-05-06*

The application is quite good for beginners as it is easy to understand. It also helps in making a goal based investment according to your need and money requirement. 
The only issue which I have been facing is delay in updating the transactions in the app even after getting the confirmation( In mail ) from the mutual fund in which I have invested. 
Also, when I try to contact any agent through application. No one is there to respond. The mails which I sent are also useless as I never get any reply.

Edit: Even after adding money to the wallet and getting it invested in 3-4 days. The app still shows your payment of X amount is due on X date. Why isn’t it synced properly. Kindly fix it.

**Developer response:** Hi! We're extremely sorry that you had to go through such a bad experience. And even though you've appreciated the app, the end experience is something we don't hope for any of our customers to undergo. We'd request you to please share your registered email ID here, so that we can resolve your issue asap and at the same time ensure that no one else has to go through the same. We apologize for the inconvenience caused!



Thank you for your valuable feedback, we appreciate feedback and suggestions from our customers as it eventually helps us in improvising the product and its features. the feedback has been shared with our tech team and they will definitely work on it. Request you to share your registered Email address,so that we can assist you better.

### 3/5 — Ok app, not very flexible

*2019-05-02, version 3.0.10*

The idea of making investment easy through an app is very good. But the app literally gave me one liquid fund to invest in. It should have given at least a few options.

### 1/5 — Need to care for your users

*2019-02-15, version 3.0.5*

The company is least brothered to reply to my mail after messaging them several times on watsaap no ones gives any reply what kind of company u guys if can’t help your customers how should trust u guys with our money.

### 4/5 — Should I Invest?

*2019-01-18, version 3.0.1*

Hi! I m a student and not a tax payer. I want to grow my little finances. Can I go for this app?

### 4/5 — Superb app

*2019-01-10*

In the next update wud like you to bring an option to delete a goal which we no longer one to complete and have withdrawn it’s causing a lot of clustering in my dashboard

**Developer response:** Hi, thank you for the feedback. We have shared it with the team and shall update you as soon as we bring this feature to the app. 
We hope to keep serving you well.

### 4/5 — Review

*2019-01-09, version 3.0*

Very good app for both gaining knowledge of mutual funds and other investments and investing money in the same, new users can easily understand all the stuffs and can invest their money.. ??

### 4/5 — Helpful and coolest App

*2019-01-09, version 2.6.5*

Easy system to invest. As I am a beginner and this is my first investment .Thank you Sqrrl.

## Most critical reviews (10 lowest-rated)

### 1/5 — No confirmation or contact point

*2022-08-18, version 4.3.2*

I have done a payment three days back. There is no confirmation mail or no update for the payment. There is no contact point for customer support. I don’t even have a way to withdraw the spend money.

### 1/5 — Fraud

*2022-07-15*

Never ever use this app for your SIPs. This people are fraud. When you will try to withdraw your precious hard earned money they will fail your transaction saying it is due to technical error. I am trying to withdraw my amount from the last 4 months but still not able to withdraw it. Their customer service is of no use as their executives will never pick up your phone and even if they by chance you will get hilarious replies from them.

### 1/5 — Poor support

*2022-04-24, version 4.3.1*

Why are my investments not showing? Why are they zero balance? There is no reply from the support team as well.

### 1/5 — Disappointing

*2022-04-12*

I started my investment through sip in this application. After a month they switched my investment scheme, but there was no confirmation of the switch made even after 2 weeks. They never reply to the complaints made. My investment is showing 0 while I have made some investments. Ridiculous service.

### 1/5 — Was good. But now forcing for regular mutual funds

*2022-03-30, version 4.3*

It was good. The UI was clean. It was easy to invest. That is the main reason I invested in Squrrl even there was a charge of 30rs for each transaction. But now they have crossed the limit and forcing to accept to convert direct funds to regular funds. Pathetic.

### 1/5 — Nri accounts not supported

*2021-05-16, version 4.1.13*

Nri account not supported by sqrrl, which is a big let down, as i needed to stop sips due to this!!!

### 1/5 — Can’t Stop SIP

*2021-02-18, version 4.1.10*

Once you started they don’t give any option to stop SIP they tell you to skip and then you get option to stop it but there is no such option.

### 1/5 — Rs 30 per transaction charge

*2020-08-20*

Now they have started charging rs 30 for per transaction. So if you got two sip u will b charged 30 from each of your transaction. They are playing with the customer money. I have associated with sqrrl and have recommended it to many of my friends. But now after this move.. I don’t think gonna reccomend it any more..
Beware and stay away from SQrrl  as many better option are available in the market who don’t charge a Penny .
I am stopping to use it from  now onwards.

### 1/5 — Convenience Charges

*2020-07-31, version 4.0.4*

Other platforms don’t charge convenience fees. Will be moving to another platform.

### 1/5 — Money stuck

*2019-11-22*

It has been 1 year since i have been using this app
It is a real pain when it comes to depositing money that gets stuck n never comes back
I was trying to save but now app froze took away my money n i have not had any call which o arranged from cs team of sqrrl what so ever
First the payment tool is so cringy it fails and gets stick with your money gone not used not invested nothing 
Secondly when u try contacting them , there is nt a number available 
They say will call but never call back
Pathetic app and super pathetic service
I m going to uninstall this as fraud on this app is just a click away i feel

**Developer response:** Hi Amrita, Please accept our sincere apologies for the inconvenience. As informed, these issues occur due to UPI failures and the involvement of multiple entities in the transaction. Rest be assured that the money invested never touches Sqrrl account and in case of an unsuccessful transaction, is refunded back from the AMC's end to the source account.

## Most praised reviews (10 highest-rated)

### 5/5 — Nice app for investment

*2021-05-14, version 4.1.13*

Thanks for the support

### 5/5 — Excellent Platform For MF

*2020-08-19*

I have been using Sqrrl for past 3 months. I must say that these people are doing a great job. App is fast and secure. I have also tried withdrawing money from my portfolio. It was redeemed within 4 days. I am really satisfied with their customer service through chat. These days CHAT is the preferred mode of communication rather than call or mail. But it should be instant. Sqrrl has got the exact thing for their customers. You drop a message in working hours, you get reply within reasonable time. 

Most important aspect of Sqrrl is target/goal based setting up of SIP and suggestions. They also post blogs that are really helpful for beginners/novice.

Recently, I heard from Sqrrl that they are setting up subscription. Its free right now. Will write a review once the updated app includes subscription.

### 5/5 — Got me to start investing

*2020-06-02, version 4.0.1*

The app is extremely easy to use and got me started investing! Great job!

### 5/5 — Love the simplicity of the app

*2020-05-27*

I love the fact how simple Sqrrl makes it to invest. I would've not invested if it wouldn't be for Sqrrl. I would've kept researching about MFs endlessly.

**Developer response:** Thank you, Shikha! We are happy to hear that. We are looking forward to serving you well. Do let us know if there is anything we could assist you with.

### 5/5 — Sardar Singh

*2019-06-22*

Easy To Invest my money for future thanks sqrrl you too good but one problem - your customer contact number much time switch off please active your support number but after all everything great I suggest to all try to invest 😘

### 5/5 — Easy. Efficient. Productive.

*2019-03-03*

It's been around 1.5 years since I first used Sqrrl, I have very little to complain about. The progression of the development of the service has been great. But all that is nothing compared to the outstanding customer service. Quick response and clear explanation of the issues if and when they arise.

**Developer response:** Hi, thank you for your kind words. Do let us know if there is any other feedback you might have for us.

### 5/5 — Amazing App

*2019-02-28*

Amazing ease of usage, goal based investments and prefixed combinations for SIPs. Too good. 

All I want is 
1. Ability to have multiple bank accounts registered. 
2. Ability to manage multiple PAN level investments under one login.

**Developer response:** Hi, thank you for your kind words. Do let us know if there is any other feedback you might have for us.

### 5/5 — Superb

*2019-01-09*

Actual I m new to mutual funds and investment and my uncle told about it and this app 
I found it very easy  with this app to not only to invest but also to learn 
Interesting part is the minimum 100 investment

**Developer response:** Hi, thank you for the wonderful review! We hope to keep serving you well.

### 5/5 — Support suggestions

*2019-01-09*

Try to improve support. Otherwise, it is a good app. Maybe can use for people who want to save tax

**Developer response:** Hi, thank you for the feedback. Could you please reach out to us at 7840877775 in case we missed your query. We hope to keep serving you well.

### 5/5 — appreciation

*2019-01-09, version 2.6.5*

Must have app Love this app for my investments its the most useful app on my phone! The best part is its all automatic and accurate. Thanks guys. .

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*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 2026-08-15.*
