SBNRI, INDmoney and FinPlann all serve NRIs, but they do different jobs. SBNRI and INDmoney are platforms where you invest and transact: they distribute mutual funds, and INDmoney is also a stockbroker. FinPlann is a planner: it works out where you stand and what to do next, but it does not sell products or execute trades. This comparison uses each company's own website and app listing as of 4 October 2026; features change, so check their sites before deciding.
The short answer
- To invest in Indian mutual funds as an NRI, including from the US or Canada, SBNRI and INDmoney both let you do that through their apps.
- For NRI tax filing in India and the US, SBNRI sells CA-led filing services.
- To trade Indian stocks, INDmoney is a SEBI-registered stockbroker.
- To plan across two countries, with cash flow, goals, insurance gaps, a health score, RNOR and return-to-India modelling and AI next steps, without anyone earning a commission on what you buy, that is what FinPlann is for.
Many NRIs use a planner to decide and a platform to execute.
Side-by-side comparison (4 October 2026)
| FinPlann | SBNRI | INDmoney | |
|---|---|---|---|
| What it is | Financial planner and calculators for Indians in India and abroad | "Financial Home for Global Indians": NRI investing, tax and advisory services | Investing app for residents with an NRI offering |
| Invest in Indian mutual funds | No (planning only) | Yes, including for US/Canada residents through partner fund houses | Yes; for US/Canada residents the app shows only schemes allowed for your country |
| Mutual fund plan type for NRIs | Not applicable | Regular plans (SBNRI receives commission) | Regular plans |
| Indian stocks | No | Not found on official pages | Yes (delivery and F&O), brokerage 0.1% or ₹20 per order, whichever is lower |
| US stocks for NRIs | No | Not found on official pages | "Coming soon in select regions" |
| Tax filing | No; tax calculators only | India ITR filing, quoted at ₹4,000–7,000; US filing packages from ₹14,999 | Free ITR filing for FY 2025-26; NRI eligibility not stated |
| Net worth tracking | Yes, entered manually, in eight currencies | Yes, across countries, including US stocks, ETFs and 401(k) | Yes, by linking Indian accounts |
| Goal planning | Yes: inflation-adjusted goals, required SIPs, funded share | Yes: goals and progress, with relationship-manager planning | Yes: set goals and track progress |
| Financial health score and insurance gaps | Yes | Not found on official pages | Not found on official pages |
| NRI planning calculators | Residential status (RNOR), Return to India planner, NRI property sale tax, PFIC, 401(k) | Not found as calculators on official pages | Not found on official pages |
| AI features | AI Action Plans and FinChat assistant working from your numbers | An "Ask AI about SBNRI" widget; purpose not described | Not checked |
| SEBI-registered investment adviser | No | No ("not a SEBI-registered Investment Adviser") | No adviser registration shown; registered as stockbroker, distributor and research analyst |
| How it makes money | Subscriptions ($12 a month or $99 a year for Pro); no commissions | Mutual fund distribution commissions, plus tax and advisory fees | Brokerage, fund distribution commissions, margin-funding interest, insurance and loan distribution |
Where SBNRI and INDmoney do more
- They let you act. You can invest in mutual funds from inside the app; INDmoney also offers Indian stock trading, and SBNRI offers PMS and other products.
- Tax filing. SBNRI files Indian and US returns for a fee; INDmoney offers free Indian return filing (its page does not say whether NRIs are eligible).
- Account linking. INDmoney tracks net worth by linking Indian bank, card and investment accounts; FinPlann relies on what you enter.
Where FinPlann is different
- No product to sell. FinPlann earns from subscriptions only, so nothing in its plans depends on which fund or plan type you choose. Both platforms sell regular plans of mutual funds, which pay them commission.
- The whole plan in one place. Cash flow, assets, loans, goals, SIPs and insurance are linked, so changing your income changes your surplus, goal funding, insurance need and retirement projection.
- Cross-border planning tools. RNOR status, the Return to India planner and the PFIC calculator model decisions most NRIs face before and after a move.
- Direct plans. FinPlann's guides explain why direct plans cost less; if you invest through a distributor, compare the expense ratios.
What FinPlann does not do
- It does not open NRE/NRO accounts, execute investments, file tax returns or send money abroad.
- It does not link to your bank accounts.
- It is not a SEBI-registered adviser and does not recommend specific schemes.
How to choose
- If you mainly need to invest from abroad, compare SBNRI and INDmoney on the funds available for your country of residence and on cost, and check whether you are buying regular or direct plans.
- If you need tax returns filed, compare SBNRI's service with a chartered accountant (India) or a US tax professional.
- If you need a plan, for example whether you can afford to move back, how much cover your family needs or what your goals require each month, start with FinPlann's free calculators and the demo planner.
See also FinPlann vs a financial advisor, mutual fund investing for NRIs and PFIC tax for US residents.
FinPlann publishes this comparison and is one of the products compared. Competitor details come from their own websites and app listings on 4 October 2026 and may have changed since; check their sites before deciding.