New Delhi, July 6 -- A joke about apps goes - 'I downloaded an app to help me procrastinate. Haven't opened it yet.' It may raise a chuckle, but the apps that handle our money deserve to be taken more seriously. When we open those platforms, it should not be only for idle scrolling but opened with careful scrutiny.

Technology should certainly aid financial decisions; yet it's no substitute for due diligence. Do your research, weigh the risks, and never place blind faith in an app.

"Such apps have matured well beyond 'buy this, sell that' angle, though plenty of legacy players still operate that way," says Vedant Gupte, Co-founder and CEO, Trackk.

Experts note that a serious investing app today should give a retail user three layers: di...