1. Kotak Securities
Kotak Securities · Mumbai · Personal finance & investing apps · 4.6/5
Broking with Trade Free plans and research.
Free plan
Free plan available
Compared with Morningstar India
- Built in India (Mumbai)
Personal finance & investing apps · Alternatives
Best Morningstar India alternatives in India (2027)
Morningstar India is a personal finance & investing apps product from Morningstar, Mumbai, priced at Free plan with a free plan. We compared 20 alternatives on published price, free plan, platforms and made-in-India support: 20 have a free plan, 18 are built in India.
Quick answer
The closest alternatives to Morningstar India are Kotak Securities (Free plan), ET Money (Free plan), 5paisa (Free plan), Scripbox (Free plan) and HDFC Sky (Free plan). Kotak Securities is the top-ranked option with a free plan.
Why businesses look for a Morningstar India alternative
Indian support and GST
Morningstar India is built in India. 18 alternatives are made in India, where GST, TDS and UPI are usually handled natively and support runs on IST.
Morningstar India alternatives compared
Ranked by how closely each product matches Morningstar India's category, pricing model, platforms and business size, then by rating. Prices exclude GST.
| # | Software | Starting price | Free plan | Platforms | Made in India | Rating | Compare |
|---|---|---|---|---|---|---|---|
| — | Morningstar India (current) | Free plan | Yes | Web, Android, iOS | No | 4.2/5 | — |
| 1 | Kotak Securities | Free plan | Yes | Web, Android, iOS | Yes | 4.6/5 | |
| 2 |  ET Money | Free plan | Yes | Web, Android, iOS | Yes | 4.5/5 | |
| 3 |  5paisa | Free plan | Yes | Web, Android, iOS | Yes | 4.5/5 | |
| 4 |  Scripbox | Free plan | Yes | Web, Android, iOS | Yes | 4.5/5 | |
| 5 |  HDFC Sky | Free plan | Yes | Web, Android, iOS | Yes | 4.4/5 | |
| 6 |  Moneycontrol | Free plan | Yes | Web, Android, iOS | Yes | 4.4/5 | |
| 7 |  Value Research | Free plan | Yes | Web, Android, iOS | Yes | 4.4/5 | |
| 8 |  Opstra | Free plan | Yes | Web, Android, iOS | Yes | 4.3/5 | |
| 9 |  Sensibull | Free plan | Yes | Web, Android, iOS | Yes | 4.3/5 | |
| 10 |  Money Manager | Free plan | Yes | Web, Android, iOS | No | 4.2/5 | |
| 11 |  TradingView | Free plan | Yes | Web, Android, iOS | No | 4.2/5 | |
| 12 |  Kuvera | Free | Yes | Web, Android, iOS | Yes | 4.6/5 | |
| 13 |  Navi | Free plan | Yes | Web, Android, iOS | Yes | 4.2/5 | |
| 14 |  Choice FinX | Free plan | Yes | Web, Android, iOS | Yes | 4.3/5 | |
| 15 |  Shoonya by Finvasia | Free | Yes | Web, Android, iOS | Yes | 4.6/5 | |
| 16 |  Alice Blue | Free plan | Yes | Web, Android, iOS | Yes | 4.3/5 | |
| 17 |  BankBazaar | Free | Yes | Web, Android, iOS | Yes | 4.6/5 | |
| 18 |  CreditMantri | Free | Yes | Web, Android, iOS | Yes | 4.5/5 | |
| 19 |  Policybazaar | Free | Yes | Web, Android, iOS | Yes | 4.5/5 | |
| 20 |  Bigul | Free plan | Yes | Web, Android, iOS | Yes | 4.2/5 |
Top 10 Morningstar India alternatives in detail
2. ET Money
ET Money (Times Internet) · Gurugram · Personal finance & investing apps · 4.5/5
Mutual funds, insurance and expense tracking.
Free plan
Free plan available
Compared with Morningstar India
- Built in India (Gurugram)
3. 5paisa
5paisa Capital · Mumbai · Personal finance & investing apps · 4.5/5
Low-cost broking with mutual funds and loans.
Free plan
Free plan available
Compared with Morningstar India
- Built in India (Mumbai)
4. Scripbox
Scripbox · Bengaluru · Personal finance & investing apps · 4.5/5
Mutual fund investing with advisory.
Free plan
Free plan available
Compared with Morningstar India
- Built in India (Bengaluru)
5. HDFC Sky
HDFC Securities · Mumbai · Personal finance & investing apps · 4.4/5
Flat-fee broking app from HDFC Securities.
Free plan
Free plan available
Compared with Morningstar India
- Built in India (Mumbai)
6. Moneycontrol
Network18 · Mumbai · Personal finance & investing apps · 4.4/5
Markets news, portfolio tracking and data.
Free plan
Free plan available
Compared with Morningstar India
- Built in India (Mumbai)
7. Value Research
Value Research · New Delhi · Personal finance & investing apps · 4.4/5
Mutual fund ratings and research.
Free plan
Free plan available
Compared with Morningstar India
- Built in India (New Delhi)
8. Opstra
Definedge · Pune · Personal finance & investing apps · 4.3/5
Options analytics and strategy tools.
Free plan
Free plan available
Compared with Morningstar India
- Built in India (Pune)
9. Sensibull
Sensibull · Bengaluru · Personal finance & investing apps · 4.3/5
Options trading analytics and strategy builder.
Free plan
Free plan available
Compared with Morningstar India
- Built in India (Bengaluru)
10. Money Manager
Realbyte · Seoul · Personal finance & investing apps · 4.2/5
Personal budgeting and expense tracking app.
Free plan
Free plan available
Morningstar India alternatives by what you need
Free Morningstar India alternatives
Indian alternatives to Morningstar India
How to choose a Morningstar India alternative
- Check regulation first: broking apps must be SEBI-registered, MF platforms should be AMFI-registered distributors or RIAs, and lending apps must partner with an RBI-regulated lender.
- Direct mutual-fund plans save roughly 1% a year versus regular plans — a platform that offers only regular plans is costing you.
- Read the charges page, not the ad: brokerage, AMC, DP charges and platform fees add up.
Morningstar India alternatives — FAQs
What is the best alternative to Morningstar India in 2027?+
The closest matches to Morningstar India on App Advisor are Kotak Securities (Free plan), ET Money (Free plan), 5paisa (Free plan). They are ranked by how closely their category, pricing model, platforms and target business size match Morningstar India, then by rating. The best choice depends on your team size and budget.
Is there a free alternative to Morningstar India?+
Yes. 20 of the 20 alternatives listed have a free plan or are free: Kotak Securities (Free plan), ET Money (Free plan), 5paisa (Free plan). Free plans usually cap users, records or transactions, so check the limits against your monthly volume.
Is there an Indian alternative to Morningstar India?+
Yes. 18 alternatives are built in India, including Kotak Securities (Free plan), ET Money (Free plan), 5paisa (Free plan). Indian products usually handle GST, TDS and UPI natively and bill in rupees.
Morningstar India vs Kotak Securities: which is better?+
Kotak Securities is the closest match to Morningstar India in our catalogue. Key differences: Built in India (Mumbai). Compare them side by side before you book a demo.
How were these Morningstar India alternatives chosen?+
Every product listed sits in personal finance & investing apps or a category Morningstar India also covers, and Morningstar's own products are excluded. Prices, free plans and platforms come from each vendor's official website. App Advisor does not sell any of this software.
Free shortlist
Not sure which Morningstar India alternative fits?
Tell us your team size and budget and we'll send a shortlist of three.
Related alternatives
Kotak Securities alternativesET Money alternatives5paisa alternativesScripbox alternativesHDFC Sky alternativesMoneycontrol alternativesValue Research alternativesOpstra alternativesSensibull alternativesMoney Manager alternativesTradingView alternativesKuvera alternativesAll personal finance & investing apps alternativesBrowse all alternatives