Best INDmoney alternative
The best INDmoney alternative for a family that wants tracking without handing over its inbox is WealthGamma. It covers the same stocks, mutual funds, gold, PPF, FDs, property and loans across every member's PAN, works out capital-gains tax before you sell on holdings from any broker, and imports and exports plain CSV files. Kuvera is the nearest free like-for-like for mutual funds.
INDmoney is free and syncs everything by reading your inbox and linking your brokers. WealthGamma tracks the same family net worth from files you upload, with tax before you sell and projections ahead, and never asks for your email.
By Hardik Vegad, founder of WealthGamma · Last updated
WealthGamma and INDmoney at a glance
WealthGamma
Net worth tracker for Indian families
- Stocks, mutual funds, gold, PPF, FDs, property and loans in one net worth
- Every family member on their own PAN, from one login
- Capital-gains tax before you sell, on holdings from any broker
- Projections decades ahead, goals funded by your real investments
- Imports Zerodha, Groww, CAMS, NSDL or any CSV; exports to CSV any time
- Price:
- Free plan; lifetime plan from ₹2,999 once, 14-day money-back
- Your data:
- Upload a file; export to CSV any time
- Never asks for:
- Email access, broker login, PAN or OTPs
INDmoney
Free super-app for investing and tracking
- Free net worth tracker for the whole family
- Buys Indian stocks, F&O, mutual funds, US stocks and FDs in-app
- Syncs holdings by reading financial emails and linking brokers
- Free tax report and ITR filing for holdings bought on INDmoney
- AI assistant, goals and a retirement calculator
- Price:
- Free; earns from brokerage, distribution and loans
- Needs:
- Phone OTP, KYC, email and SMS access for syncing
- Similar to:
- Kuvera, ET Money, Groww
Why INDmoney users are looking for an alternative
INDmoney is a good free app, and the reasons people search for an INDmoney alternative are not about missing features. They are about what the app asks for and what it sells. The complaints below come from its own privacy policy, its App Store listing and user reviews from the last twelve months.
- Reads financial emails, SMS and precise location as data linked to you
- Free tax report only covers holdings bought on INDmoney, not other brokers
- Loans, credit cards, insurance and US-stock brokerage sold inside the app
- No documented way to upload a CSV or download all holdings as one file
- 2025-2026 reviews describe onboarding delays and withdrawals stuck for days
TLDR: Free, SEBI-registered app: net worth tracking plus buying stocks, MFs, US stocks and FDs, synced by reading your inbox and linking brokers.
Gaps: needs inbox/SMS access, tax report skips other brokers, no CSV import or full export, every member needs their own account.
WealthGamma never touches your email or a broker; upload a statement, get tax before you sell on any broker's holdings, export to CSV anytime.
Sources
- INDmoney privacy policy (email, SMS and other permissions; last updated 24 June 2026)
- INDmoney tax centre (states that holdings with other brokers are not included)
- INDmoney family accounts (free family tracking; each member has an account)
- INDmoney pricing and US stocks pages (brokerage and fees)
- INDmoney on the App Store (privacy label and user reviews dated 2025 and 2026)
INDmoney is SEBI-registered and its tracking is free; nothing on this page says otherwise. The comparison is about what the app asks for and what it sells.
WealthGamma vs INDmoney: feature comparison
Of the 22 features compared below, INDmoney offers 11: broad coverage including US stocks, family tracking, gain and loss, XIRR, goals, auto-sync, trading and a free plan. WealthGamma offers 19, adding one-login family portfolios, a dividend calendar, tax before you sell on holdings from any broker, projections, CSV import and export, and a tracker that never reads your email.
| Feature | WealthGamma | INDmoney |
|---|---|---|
| Coverage | ||
| Stocks and mutual funds | Yes | Yes |
| Gold, PPF, EPF, FDs | Yes | Yes |
| Property and loans | Yes | Yes |
| Family members, per PAN | Yes | Yes |
| Family from one login | Yes | No |
| US stocks | No | Yes |
| Dividend calendar | Yes | No |
| Analysis | ||
| Gain and loss | Yes | Yes |
| XIRR per holding | Yes | Yes |
| Tax before you sell | Yes | No |
| Tax report for outside holdings | Yes | No |
| Net worth projections | Yes | No |
| Goal tracking | Yes | Yes |
| Import and export | ||
| Auto-sync from email and brokers | No | Yes |
| Works without email access | Yes | No |
| CSV import | Yes | No |
| CSV export of everything | Yes | No |
| Trading | No | Yes |
| Pricing | ||
| Free plan | Yes | Yes |
| One-time purchase | Yes | No |
| Money-back guarantee | Yes | No |
| No loans, cards or insurance sold | Yes | No |
INDmoney details from its website (pricing, privacy policy, tax centre, family accounts and US stocks pages), its App Store privacy label and user reviews, all checked 9 September 2026. WealthGamma details from the product as of ; the pricing page has current plan limits.
Price takeaway
INDmoney is free because it sells brokerage, funds, insurance and loans, and it needs your inbox to stay in sync. WealthGamma's free plan tracks one portfolio with no expiry; the lifetime plan is ₹2,999 once for the family view, tax and projections, with 14 days to get your money back.
Key differences
INDmoney and WealthGamma differ in four ways: how data gets in (inbox and broker sync versus files you upload), what the tax engine covers (INDmoney holdings only versus any broker, with a sell preview), whether the app sells you things (brokerage, loans and insurance versus a subscription), and whether you can leave (no documented full export versus CSV of everything).
Inbox sync vs a file you upload
INDmoney's privacy policy says it reads financial emails and SMS to keep your holdings current, and its App Store label lists emails and texts as data linked to you. WealthGamma reads a statement you upload, once a month or whenever you like, and never connects to your email or a broker. Importing any CSV or Excel file.
Tax on INDmoney holdings vs tax on everything
INDmoney's free tax centre states that investments held with other brokers are not included. WealthGamma computes FIFO lots, LTCG and STCG and the ₹1.25 lakh exemption per PAN on holdings from any broker, and shows the tax before you place the sell order. How the capital-gains tax planner works.
Sells you products vs sells you a plan
INDmoney earns from brokerage, mutual fund and insurance distribution and lending, so loans, cards and insurance appear inside the app. WealthGamma earns from subscriptions only, so there is nothing in it to be nudged towards. Plans and what they include.
Each member signs up vs one login
Family tracking on INDmoney is free, but each member opens their own INDmoney account and is invited in. WealthGamma keeps every member's portfolio under one login, combined or one at a time, with capital-gains tax computed separately per PAN. Family portfolios and goals.
Which should you use?
Use WealthGamma when
You want one number for the whole family's wealth from files you upload yourself, with the tax on a sale known before you place it and the next twenty years projected from real holdings, without giving any app your inbox.
Choose WealthGamma if
- Family portfolios: spouse, parents, children, each on their own PAN
- Tax known before you sell, on holdings from any broker
- Flat, PPF and home loan counted too
- Goals funded by your real investments
- Net worth projected decades ahead
- Dividend calendar: earned and upcoming
- File upload, never email or broker access
- Download all your data any time
Use INDmoney when
You want to invest and track in one free app, do not mind it reading your financial emails to stay in sync, and mostly hold what you bought through INDmoney itself.
Choose INDmoney if
- Investing and tracking in one free app
- US stocks alongside Indian ones
- Automatic sync, and fine with inbox access
- Most holdings bought through INDmoney itself
- Free ITR filing from the same app
Who should not switch to WealthGamma?
WealthGamma tracks and plans; it does not trade, sync or publish news. Four needs are better served elsewhere, and this list is meant literally: if one of these matters, do not switch.
- Buying and selling inside the app
- Automatic syncing by linking brokers or sharing an inbox
- US stocks, or crypto priced live from exchanges
- Market news and research next to the portfolio
If that is you, one of the trackers below is the better fit.
Other INDmoney alternatives worth knowing
Five trackers INDmoney users move to, with the price, who each suits and the catch. Kuvera is the closest free like-for-like for mutual funds. MProfit is the most thorough on tax and the most expensive. Moneycontrol is free and simple; Value Research is for fund research first.
| Tracker | Price | Best for | The catch |
|---|---|---|---|
| WealthGamma | Free plan; lifetime from ₹2,999 | A family's whole net worth, per PAN, with tax before you sell and projections ahead. | No trading, no auto-sync, no US stocks, no news. |
| Moneycontrol Portfolio Manager | Free | Someone who wants the closest thing to ET Portfolio: a free stock and fund list inside a news site. | Reviewers report you cannot bulk-upload sell transactions, so history has to be entered one sale at a time. |
| Value Research | Part of Value Research premium, about ₹5,000 a year | Mutual fund investors who want deep fund analysis with the tracker. | Paid yearly, and stocks are secondary to funds. |
| Kuvera | Free | Direct fund investors who want a sell preview and family accounts in a free app. | Funds only; extras cost coins, and reviewers report missing features since the April 2026 CRED redesign. |
| Groww | Free for mutual funds; ₹20 per stock order | Someone who wants direct funds and a stock broker in one free app, with outside funds imported via MF Central. | A broker first; tracking outside holdings is basic and there is no net worth view. |
| ET Money | Free; Genius membership is paid | Direct mutual fund investors who want fund analysis and a simple tracker in one app. | Owned by 360 ONE since 2024; funds first, stocks secondary, and the app sells products. |
| MProfit | ₹18,000 a year plus GST; no cheaper plan since June 2025 | HNIs, family offices and CAs who need capital-gains reports in ITR, ClearTax and Winman formats across 700 or more brokers. | Priced by portfolio size, no free plan, and no goals, projections or harvesting. |
Prices and features as published by each company or reported in user reviews, checked . Tell us if one is out of date.
Questions INDmoney users ask before switching
Short answers to the six questions INDmoney users ask most when they look for an alternative, from whether the app really reads your email to how to move your holdings out.
Does INDmoney read your emails?
Yes, with your consent. INDmoney's privacy policy, last updated in June 2026, says the app accesses financial-services-related emails and SMS to track investments, and its App Store privacy label lists emails and texts among data linked to your identity. Tracking external mutual funds asks you to verify your email for updates.
Is INDmoney free?
Yes. Tracking, family net worth and mutual fund import are free, and there is no paid subscription listed on its site. It earns from brokerage on Indian and US stock trades, from distributing mutual funds and insurance, and from lending. That is why loans, cards and insurance appear inside the app.
What is the best alternative to INDmoney?
For tracking a family's net worth without giving an app your inbox, WealthGamma: it imports files from any broker, works out tax before you sell and projects decades ahead. For a free mutual fund platform with family accounts, Kuvera. For ITR-ready capital-gains reports across hundreds of brokers, MProfit, at about ₹18,000 a year.
Can you export your data from INDmoney?
You can download a tax P&L report for holdings bought on INDmoney. There is no documented way to export all your holdings and transactions as a CSV or Excel file. To rebuild history elsewhere, download the tradebook from each broker and request a CAS from CAMS or KFintech for mutual funds.
How do I move from INDmoney to WealthGamma?
Your brokers still have everything. Download the Zerodha tradebook from Console, or the order history from Groww, Upstox or Angel One, and request the CAS from CAMS or KFintech for funds. In WealthGamma, Settings, Import Data accepts those files as they are; any other CSV maps column by column once.
Is WealthGamma free like INDmoney?
There is a free plan with no expiry and no card: one portfolio with unlimited stocks, mutual funds and gold priced daily, one SIP, one goal and one loan. Family portfolios, projections and the tax planner are on paid plans, including a one-time lifetime plan, all with a 14-day money-back guarantee. Nothing else is sold.
Compare WealthGamma with other trackers
- ET Portfolio alternative
- Kuvera alternative
- MProfit alternative
- Kubera alternative
- Value Research alternative
- Fi Money alternative
- ET Money alternative
- Moneycontrol Portfolio alternative
- Zerodha Console alternative
- Excel Portfolio Tracker alternative
- Sharesight alternative
- Dezerv Wealth Monitor alternative
- Tickertape alternative
- MF Central alternative
- Delta alternative
Start with the free plan, import tonight
Free plan: 1 portfolio, unlimited stocks, mutual funds and gold priced daily, 1 SIP, 1 goal, 1 loan. No card, no expiry. Paid plans include a one-time lifetime plan from ₹2,999. Every paid plan has a 14-day money-back guarantee. Export everything to CSV whenever you like from Settings.
Start free, no card