Investing in mutual funds has never been easier, thanks to technology. With mobile apps, you can now explore, research, and invest in mutual funds right from the comfort of your home. Whether you're an experienced investor or just getting started, these apps simplify the investment process by offering customized portfolios, real-time insights, and user-friendly interfaces.

Are you ready to take control of your investments? This article covers the top 10 mutual fund apps in India that are revolutionizing how Indians invest. We'll explore their features, why they're unique, and how you can pick the right one for your goals.

Why Use Mutual Fund Apps?

Mutual fund apps are a game-changer for tech-savvy investors. Instead of visiting physical branches, filling out lengthy paperwork, and spending hours on research, you can use these apps to do it all in a fraction of the time. Here's why millions of investors prefer them:

• Convenience: Invest anytime, anywhere.
• Cost-effectiveness: Most apps waive transaction fees.
• Diversified portfolios: Access to hundreds of mutual funds in one place.
• Educational content: Many apps provide tools like risk calculators, SIP trackers, and curated investment insights.

Now, let's jump into the best apps available for Indian investors.

1. Zerodha Coin

Why it stands out

Known as India's most trusted stockbroker, Zerodha launched Coin for direct mutual fund investments. It's ideal for investors who prefer managing multiple asset classes under one platform.

Key features

• No commissions—invest directly in mutual funds.
• Automated SIP functionality.
• Offers tax-saving mutual funds (ELSS) recommendations.
• Seamless integration with Zerodha's demat account.

Best for

Regular investors looking for cost-effective, tax-efficient solutions.

2. Groww

Why it stands out

Groww is a one-stop investment platform offering access to mutual funds, stocks, fixed deposits, and more. Its sleek design and beginner-friendly interface make it perfect for millennials.

Key features

• Zero paperwork for mutual fund investments.
• Option to explore high-performing funds with "Top Funds" lists.
• SIP (Systematic Investment Plan) and lump-sum investments made easy.
• Available in multiple Indian languages for accessibility.
• Provides Groww brokerage calculator to calculate brokerage charges.

Best for

First-time investors seeking a simple and intuitive app.

3. ET Money

Why it stands out

ET Money is one of the most powerful personal finance apps in India, offering mutual fund investments alongside expense tracking and budget management.

Key features

• Smart "Goal-Based Investing" feature for financial planning.
• Free withdrawal for instant redemption of invested funds.
• AI-driven recommendations to match investment objectives.
• Zero commission on direct mutual funds.

Best for

Investors focused on both financial planning and investment management.

4. Paytm Money

Why it stands out

From payments to investments, Paytm Money is a part of every Indian tech-savvy investor's life. This app offers a seamless digital experience to explore multiple investment avenues. 

Key features

• Wide range of direct mutual funds at zero cost.
• AI-powered recommendations for SIP investments.
• Tax-saving options with clear ELSS fund categorization.
• Easy integration with Paytm Wallet for quick transactions.

Best for

Busy professionals looking for speed and simplicity in investing.

5. Kuvera

Why it stands out

Kuvera goes a step beyond mutual funds by offering tools for wealth tracking and long-term financial goals. Its user interface emphasizes transparency.

Key features

• Direct mutual funds and family portfolio management.
• Personalized insights into performance trends.
• Tax Harvesting tool to optimize portfolio gains.
• Ideal for goal-based investing.

Best for

Families keen on collaborative financial planning.

6. MyCAMS

Why it stands out

MyCAMS is the go-to app for investors who want to manage all their mutual fund investments in one place. It’s backed by the top AMCs (Asset Management Companies) in India. 

Key features

• One app for all investments, regardless of the AMC.
• Transaction history and real-time portfolio updates.
• Single sign-on for seamless usage.
• E-KYC for new investors.

Best for

Consolidating multiple mutual fund folios into one account.

7. FundsIndia

Why it stands out

FundsIndia is tailored for serious investors aiming to diversify their portfolio while seeking fund research-driven insights. 

Key features

• Investment advisory tailored to your financial goals. 
• One-click mutual fund portfolio updates.
• Dedicated SIP reminders and payment alerts.
• Rich stock market insights and performance newsletters.

Best for

Seasoned investors looking to pair mutual funds with solid financial advice.

8. Scripbox

Why it stands out

Highly renowned for its premium features, Scripbox takes away the complexities of mutual fund investment with guided solutions.

Key features

• Smart recommendations from SEBI-registered advisors.
• Analytics-driven risk vs. reward advisory.
• Performance projections to help you plan better.
• Monthly reports for in-depth tracking.

Best for

Investors willing to actively manage a well-researched portfolio.

9. Axis Direct

Why it stands out

One of the few apps backed directly by a leading Indian bank (Axis Bank), Axis Direct simplifies how you can buy, track, or redeem mutual funds.

Key features

• Dual offerings of regular and direct mutual funds.
• Instant transfer options for Axis Bank account holders.
• Advanced fund evaluation tools.
• Online chat support for investors.

Best for

Investors prioritizing integration with their existing Axis Bank accounts.

10. KFinKart

Why it stands out

Designed for simplicity and speed, KFinKart allows investors to complete their KYC digitally and start investing within minutes.

Key features

• All-in-one portfolio tracking.
• Tailored alerts for market changes.
• Voice-enabled transactions for accessibility.
• Detailed expenditure breakdown across funds.

Best for

Chat-savvy investors who want an app optimized for usability.

How to Choose the Right App for You

While these apps all boast impressive features, the best trading app for you depends on your financial goals, investment experience, and personal preferences. Here’s how to decide: 

• Beginners should prefer apps like Groww or Paytm Money for their simplicity.
• Tax Savers may want apps offering direct ELSS funds, like Zerodha Coin or ET Money.
• Advanced Investors might lean toward Scripbox or FundsIndia for premium advisory.

Take Charge of Your Investment Journey

Investing in mutual funds has become less intimidating, thanks to intuitive and feature-rich mobile applications. By leveraging any of these top 10 apps, you can focus on achieving your financial goals while saving time and effort.

Want more tips for simplifying your investments and maximizing returns? Bookmark this guide and explore further resources.