Niyo Money - Mutual Funds Android

Reviews of Niyo Money - Mutual Funds

By: Niyo Money App
List of user reviews and ratings for Niyo Money - Mutual Funds

Total ratings

4.05 (Rating count: 1,769)

Review summary

User reviews show major reliability and usability problems post-migration from Goalwise to Niyo Money. Recurrent issues include login failures and app downtime, SIP modification problems (amount/date) with OTP errors, redemption/withdrawal failures or stuck funds, and overall poor maintenance and support. A minority still find the app very good/useful, but the majority report significant functionality losses, data syncing issues, and slow/no responses from support after the takeover.
Pros
  • Very good
  • Very useful
Cons
  • Frequent app outages and login issues after migration
  • Inability to update SIP amount or SIP date (OTP issues)
  • Redeem/withdrawal functionality not working or funds getting stuck
  • Post-acquisition migration caused loss of features, poor maintenance and dashboard sync problems
  • Poor or delayed customer support with no clear response time or TAT
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User Reviews

Recent rating average: 1.90
All time rating average: 4.05
Upgrade to see all 72 reviews
5 star
10% (7)
4 star
3% (2)
3 star
8% (6)
2 star
8% (6)
1 star
71% (51)
DateAuthorRatingComment
2026-03-09
va*****
my 20000 is stuck from a few months. portfolio is not reflecting.. such a bad app.. what to do with stuck money.
my 20000 is stuck from a few months. portfolio is not reflecting.. such a bad app.. what to do with stuck money.
2026-03-04
Ra*****
very good
very good
2026-03-03
R *****
it seems to be some scam they have done... they moved all investment to IIFL and today they have sent us the intimation last minute they have dropped email that they will not support any transactions and top of that they are not allowing to redeem but you can invest...
it seems to be some scam they have done... they moved all investment to IIFL and today they have sent us the intimation last minute they have dropped email that they will not support any transactions and top of that they are not allowing to redeem but you can invest...
2026-03-03
Sa*****
Poor experience. Users were migrated to IIFL without our consent, and now my investments are stuck with them. The IIFL app is not functional at all, there is zero support.
Poor experience. Users were migrated to IIFL without our consent, and now my investments are stuck with them. The IIFL app is not functional at all, there is zero support.
2026-01-02
Sw*****
very useful
very useful
2025-11-27
sh*****
dead app now
dead app now
2025-11-18
Ka*****
App is not working at all
App is not working at all
2025-10-27
AV*****
Unable to change sip amount or date send otp after entering nothing happens.. tried several times.. the quality of the app is worst in last few months since changed from goal wise.
Unable to change sip amount or date send otp after entering nothing happens.. tried several times.. the quality of the app is worst in last few months since changed from goal wise.
2025-10-21
Aa*****
What a great way to take a good platform with a unique offering (goal based segmentation) and then brick it completely. Goalwise was fantastic, responsive and transparent. Niyo (post acquisition) has run it to the ground, badly. No app maintenance, incorrect sync of funds on the dashboard, and a customer service that replies after many days that they have a technical issue & are working on it!
What a great way to take a good platform with a unique offering (goal based segmentation) and then brick it completely. Goalwise was fantastic, responsive and transparent. Niyo (post acquisition) has run it to the ground, badly. No app maintenance, incorrect sync of funds on the dashboard, and a customer service that replies after many days that they have a technical issue & are working on it!
2025-10-19
Ra*****
I have been trying to do SIP payment since a month, had raised a ticket as well. the problem still persists. no improvement, no solutions.
I have been trying to do SIP payment since a month, had raised a ticket as well. the problem still persists. no improvement, no solutions.
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