Comparison

Simply Save vs Sumex Private Wealth

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

Simply Save

Invest in mutual funds with ease and convenience. Set saving amounts, make instant investments, and withdraw funds quickly. This app offers a low-risk investment option for achieving financial goals.

Highlights
  • Easy mutual fund investment
  • Preset saving amounts
  • Instant investment option
  • Quick fund withdrawal
  • Low-risk investment fund
  • Multiple payment options
Features
Read full description

The simplest and most convenient way to reach your financial goals. Simply Save App from Nippon India Mutual Fund gives you one of the easiest and simplest ways to invest in Mutual Funds. Key Features: Simply Save: Click on the ‘Simply Save’ button each time you want to save or invest. Convenient: Saving money with ‘Simply Save’ is very convenient, no matter where you, you can save money instantly. Low Risk: Your money is invested in Nippon India Liquid Fund - Growth Plan- Growth Option, which invests in Debt and Money Market Instruments, which are relatively low risk. Easy Payment Option: You can pay using pre-registered debit mandate, Debit Card or Net Banking. Simply Save is best experienced with Pre-registered mandate (contact your financial advisor to register mandate) ​ Preset your Saving Amount: Set the ‘Simply Save’ amount; you can choose any amount above Rs.100. Simply Withdraw: Withdrawing money is as easy as a trip to your neighbourhood ATM as you can take advantage of Nippon India Any Time Money card that is issued in conjunction with HDFC Bank or redeem online in your account. You can redeem money instantly anyday anytime as per eligibility under the Instant Access Facility. Save money because you can. It is easy, convenient and you don’t need a lot to start doing it. With ‘Simply Save’, you have the power and convenience to make your money work as hard as you do! Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.

About

Sumex Private Wealth

Features
Read full description

Investment Portfolio App for customers of Sumex Private Wealth Sumex Private Wealth is a state-of-the-art investment & insurance portfolio management App for customers with Sumex Private Wealth App, you can get several views of your portfolio which will not only keep you abreast about its latest status, but also help you making important decisions for investment re-balancing, profit booking or stopping loss. Here are some of the many features of the Sumex Private Wealth App: A. Get a summary view of the current status of your investments across asset classes B. Get a summary view of the insurance cover of all members in your family C. Drill down to full detail D. View Upcoming portfolio events E. Get alerts about your important events such as life insurance premium due, general insurance renewals, SIP due, FMP maturity, etc. F. Buy / Redeem / Switch Mutual Funds online from any AMC G. Get best in the class MF advisory H. Raise a service ticket to your advisor I. Host of useful financial calculators to help you plan your short term and long-term financial goals. J. Digital Vault ñ access your important documents anytime from your Smartphone K. Provides coverage of all major General Insurance sections such as Health, Motor, Fire etc. L. Track small saving investments like PPF, NSC, KVP, FD, RD etc. M. Maintain your investments in Stocks, Bonds, Bullion, Commodities etc.

Screenshots

Simply Save3 screens
Sumex Private Wealth4 screens

Verdict

The call

The clearest difference is update cadence: Simply Save at every 5 weeks against Sumex Private Wealth's every 42 months. Sumex Private Wealth's advantage is iOS requirement (11.0 vs 15.6). On price, ads, in-app purchases and device support there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

UpkeepUpdate frequency

Simply Save ships an update every 5 weeks, Sumex Private Wealth every 42 months. The most recent releases landed on October 24, 2026 and October 6, 2026 respectively.

Scorecard2 real differences · 8 level
Simply Save versus Sumex Private Wealth: the parameters behind the verdict, then further details
ParameterSimply SaveSumex Private Wealth
PriceFreeFree
Rating1.0 (2 ratings) — better—
Positive reviews17.4% of reviews—
Number of ratings2 — better—
Update frequencyEvery 5 weeks — betterEvery 42 months
AdsNoNo
In-app purchasesNoNo
MonetizationFree—
DevicesiPhone, iPad, iPod — betteriPhone, iPod
Requires iOS15.611.0 — better
Further details — not scored
Size32 MB51 MB
Age rating4+4+
DeveloperNippon Life India Asset Management LimitedSUMEX WEALTH PRIVATE LIMITED

In-app purchases

None

Simply Save

No in-app purchases

None

Sumex Private Wealth

No in-app purchases

Questions

Is Simply Save free?
Simply Save is free to download, with no in-app purchases.
Is Sumex Private Wealth free?
Sumex Private Wealth is free to download, with no in-app purchases.
Do Simply Save or Sumex Private Wealth have ads?
Neither Simply Save nor Sumex Private Wealth shows ads.
Which is updated more often, Simply Save or Sumex Private Wealth?
Simply Save ships an update every 5 weeks, and Sumex Private Wealth every 42 months. Most recently, Simply Save was updated on October 24, 2026 and Sumex Private Wealth on October 6, 2026.

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