Best Mutual Fund Apps in India

Technology is growing rapidly, and so is the way people manage their money. With busy work schedules and limited time, visiting distributors or advisors in person is no longer convenient for many investors. Mutual fund investing apps have made the process simple and accessible, allowing users to start investing, set up SIPs, and track their portfolios directly from their smartphones.

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This ease of investing has led to a steady rise in retail investor participation in mutual funds and financial markets. Digital platforms have removed many traditional barriers by offering paperless onboarding, clear information, and low starting amounts. As a result, more people are taking their first steps into investing and building long-term wealth with confidence.

What is the best mutual fund app?

As one will invest their hard-earned funds, they must ensure that the best mutual fund app is secure, simple to use, and reasonably priced. The best mutual fund apps strive to cater to all of the investor’s needs in a single platform and help them set and reach their financial goals.

Finding the best app for mutual fund investment may be challenging with the availability of a number of such apps. Listed below are some of the best mutual fund apps in India offering ease of use and convenient access:

5paisa

5paisa is a full-service discount broker that serves as a one-stop platform for investors who want more than just mutual fund SIPs. The app allows users to combine mutual fund investing with active stock trading, derivatives, and IPO investments, all within a single interface. This eliminates the need to juggle multiple apps for different investment needs.

The app is clean and easy to use, with good research tools, market scanners, and advisory services (especially in paid plans). For mutual funds, it offers both direct and regular plans, but the real strength lies in combining MF SIPs with active trading and portfolio tracking in a single dashboard. It’s ideal for those who already trade or want to learn trading while also running SIPs, all under one trusted brokerage name.

Groww

Groww is like that helpful friend who makes investing feel easy, especially if you’re just starting out or don’t want to deal with jargon. It’s super clean, mobile-first, and walks you step by step from opening your account to starting your first SIP, often in just a few taps.

What makes Groww stand out is how simple it keeps things: zero commission on direct mutual funds, a very intuitive interface, and good basic portfolio tracking. It’s great for young professionals, salaried folks, or anyone who wants to invest in mutual funds, stocks, ETFs, and even gold without feeling overwhelmed.

If you’re someone who just wants to set up SIPs, track returns, and occasionally switch funds, Groww is a solid, stress-free option.

Zerodha Coin

If you already trade stocks on Zerodha, Coin is the natural extension for mutual funds – it’s like having your entire investment world in one place. Coin focuses on direct mutual funds with zero extra commission, so you keep more of your returns, and it’s tightly integrated with your Zerodha Demat account.

Coin is ideal if you’re an active trader or someone who likes to manage both stocks and mutual funds together. You can easily move between equity trading and SIPs, and the platform gives you decent portfolio reports and transaction history.

The downside is that the interface can feel a bit technical for a complete beginner. But if you’re already comfortable with Zerodha, Coin is a powerful, low-cost way to add mutual funds to your portfolio.

ET Money

ET Money is like having a personal finance coach in your pocket, especially if you’re serious about goals like buying a house, retirement, or child’s education. It’s backed by The Economic Times, so there’s a strong research and editorial angle, and it pushes goal-based investing very well.

Beyond mutual funds, ET Money also helps you track expenses, plan taxes, and even manage insurance, making it a more complete personal finance app. It offers AI-powered fund recommendations, portfolio health checks, and tax-saving ideas, which are great if you want more than just a transaction platform.

ET Money is perfect for investors who like to analyze their portfolio, compare funds, and want a single dashboard for both investments and financial planning. It’s a bit more feature-rich, so it might feel slightly cluttered if you just want a simple SIP app.

Paytm Money

Paytm Money is the natural next step if you already live inside the Paytm app for payments, recharges, and shopping. It lets you invest in mutual funds, stocks, and NPS right from the same wallet, so moving money in and out is super smooth.

The big plus is convenience: minimal paperwork, very low minimum SIP amounts (often ₹100), and a simple, mobile-friendly interface that’s easy to navigate. It’s a good fit for tech-savvy users who want to keep everything – payments, UPI, and investments – in one familiar ecosystem.

Paytm Money is best if you value speed and simplicity over deep analytics or advanced tools. It’s not the most feature-packed for hardcore investors, but for everyday users who want a quick, reliable way to start SIPs, it works well.

Kuvera

Kuvera is built for people who think long-term, want to invest for the family, and care about tax efficiency. It’s completely commission-free, very transparent, and focuses heavily on goal-based investing and tax loss harvesting, which can help reduce your capital gains tax legally.

One of its standout features is the family dashboard – you can manage your spouse’s, parents’, or kids’ investments in one place, which is super handy for joint planning. It also gives smart alerts for risk profiling, rebalancing, and tax-saving opportunities, making it ideal for salaried families and disciplined investors.

Kuvera is great if you’re analytical, want to optimize taxes, and prefer a clean, investor-first platform over flashy marketing. It’s less known than some giants, but it’s a favorite among cost-conscious, long-term investors who value transparency.

INDmoney

INDmoney is for the financially active person who wants one dashboard for everything: Indian mutual funds, US stocks, loans, credit score, and even NPS. It automatically tracks all your mutual fund holdings across different platforms, so you don’t have to log in everywhere.

It uses AI to give personalized advice, risk profiling, and rebalancing suggestions, and it also offers a combined view of family finances and credit reports. If you’re managing multiple assets and want a single, powerful dashboard, INDmoney is a strong contender.

INDmoney is ideal for tech-savvy, multi-asset investors who want both automation and human advisory (in premium plans) without jumping between 5-6 different apps.

Conclusion

Mutual fund investments can significantly boost wealth and assist in achieving one's financial goals. An investor can diversify their portfolio and perhaps earn higher returns with the help of suggestions and data provided by an investment app than they would by investing on their own.

Mutual fund investments can now be done at the touch of a keypad on one’s phone with the availability of mutual fund apps. In order to draw in more users, various mutual fund applications each provide distinctive personalised features. However, in addition to the ease of use of the mutual fund app, investors should be sure to examine transaction safety when choosing an app for mutual fund investments.