Want to grow your money but don’t know where to start? Mutual funds are one of the easiest and smartest ways to build wealth whether you’re saving for a dream home, your child’s education, or just want your money to work harder for you.
But here’s the catch: with so many apps out there, choosing the best app for mutual fund investment can be overwhelming.
No worries! In this blog, we’ve reviewed and compared the best app for mutual funds in India, based on features, ease of use, expert advice, safety, and more.
Why Use a Mutual Fund App?
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Here’s why using a mutual fund app is a smart and easy choice:
1. Super Easy to Start
Most apps let you open a free Demat account and finish your KYC online in just a few minutes. No paperwork or branch visits needed—just a few taps and you’re ready to go!
2. Invest Anytime, Anywhere
Whether you’re relaxing at home, traveling, or on your way to work, you can invest, track, and manage your mutual funds anytime, anywhere—straight from your smartphone.
3. Direct Mutual Funds = More Returns
Many apps offer direct mutual funds with zero commission. This means you can earn up to 1.5% more returns compared to regular plans from agents or banks.
4. Set and Forget SIPs
You can set up automatic SIPs so the app invests for you every month. No need to remember dates or log in again and again.
5. Real-Time Tracking & Reports
With a good mutual fund tracking app, you can check your investments in real time, see how your funds are performing, and get easy-to-understand reports on returns, risk, and asset mix.
6. Expert Help When You Need It
Not sure which fund to pick? Most apps suggest the best options based on your goals, how much risk you’re okay with, and how long you want to invest.
7. Safe and Secure
These apps are SEBI-registered, use strong security (like your bank), and let you make payments safely through UPI, net banking, or auto-debit.
10 Best App To Invest In Mutual Funds
1. Groww
Groww is one of India’s most trusted stock brokers, used by over 1 crore investors for its easy and user-friendly platform. Whether you want to invest in mutual funds through SIP or lumpsum, buy stocks, IPOs, ETFs, or trade in Futures & Options, Groww has it all in one place. It also supports UPI payments and bill payments, making it even more convenient.
With a free Demat account, zero annual charges (AMC), and no hidden fees, Groww is loved for its simplicity and 24×7 support. Many users call it the best app for mutual funds because it lets you invest in direct mutual funds with 0% commission, switch from regular to direct plans, and use tools like SIP calculators to plan better.
You also get access to features like stock screeners, TradingView charts, margin trading, and GTT orders for smooth investing and trading.
2. Zerodha Coin
Zerodha Coin is one of India’s most trusted and widely used apps for mutual funds, with over 1.3 crore users and ₹3.5 lakh crores already invested. It lets you invest in direct mutual funds with zero commission, helping you save more in the long run. So far, users have invested over ₹70,000 crores through Coin. You can start SIPs, invest in NPS, NFOs, and choose from different types of funds like equity, debt, or index funds.
Coin also makes it super easy to manage your investments with features like SIP automation, Systematic Withdrawal Plans (SWPs), and multiple payment options including UPI, NEFT, and net banking. It avoids distractions like spammy notifications or gamified features and instead gives helpful nudges to improve your investing habits.
You also get free access to Zerodha’s popular tools like Sensibull, Streak, Tijori, and Quicko. With its Console dashboard, you can track your investments, view tax-ready reports, analyze your portfolio’s returns (XIRR), and even manage your family’s investments – making Coin a smart, simple, and transparent choice for mutual fund investors.
3. Paytm Money
Paytm Money is a popular and easy-to-use platform that helps you grow your money through smart investing. It offers a wide range of options like mutual funds, SIPs, stocks, IPOs (you can even pre-apply), F&O, bonds, and more. With a simple sign-up process and clean interface, it’s great for beginners and experienced investors alike. You can automate your SIPs using UPI Autopay, trade in stocks and BSE F&O, and even set up Stock SIPs.
It also gives you helpful tools like real-time data, advanced charts, personalized watchlists, Margin Trading Facility (MTF), and Margin Pledge to make better investment decisions. Trusted by millions of users, Paytm Money is considered one of the best apps to invest in mutual funds because it mixes technology with transparency, making your investment journey smooth and smart.
4. ET Money
ET Money is a trusted and easy-to-use direct mutual fund app used by millions of people in India. It lets you invest in mutual funds with zero commission and offers a smooth, paperless experience. You can invest through SIP or lump sum and choose from top-rated funds like equity, ELSS, small-cap, large-cap, and more offered by well-known AMCs like SBI, ICICI Prudential, and Nippon India. The app also gives expert tips, personalized investment plans with ET Money Genius, and smart tax-saving tools that can help you save up to ₹78,000 every year.
Along with mutual funds, you can invest in fixed deposits with high returns, make NPS contributions, and even get stock suggestions based on market trends. ET Money also lets you pay using UPI, track your mutual fund portfolio, manage expenses, and start investing quickly without any hassle. If you’re looking for a smart and simple way to grow your money, this app has everything you need.
5. Kuvera
This mutual fund investment app is a one-stop solution for all your money needs. It makes online investing super easy—whether you want to start SIPs, invest in mutual funds, book fixed deposits, or trade in stocks from NSE and BSE. You can choose from over 5,000 direct mutual fund plans, start SIPs in just a few minutes, and even open fixed deposits online from trusted banks and providers. The app also helps with goal-based investing, lets you manage family accounts, and offers emergency savings options through Liquid Mutual Funds with quick withdrawals.
Since it charges zero commission on direct mutual funds, you save more and can earn up to 1.5% higher returns by switching from regular to direct plans. It also supports tax harvesting to help you save on taxes. You can track your gold investments, get smart portfolio insights, and explore trending funds other investors are choosing. With useful features like STP, SWP, comparison tools, and smart analytics, this app makes it simple to take better investment decisions and grow your wealth the smart way.
6. INDmoney
INDmoney is a smart and all-in-one finance app trusted by over 1.6 crore users. It helps you track your money, invest wisely, and grow your wealth. You can easily monitor your bank accounts, credit cards, expenses, and investments, while also keeping an eye on your total net worth. INDmoney lets you invest in Indian stocks, mutual funds, ETFs, IPOs, and even popular US stocks like Apple, Amazon, and Tesla. You get a free Demat account with zero platform fees, making it super affordable.
For mutual fund investors, INDmoney is often called the best app for mutual funds SIP, as it offers 1600+ direct plans, starting with just ₹100. You can automate your SIPs, use tools like STP, and get detailed portfolio insights to manage your investments better. It also supports SIPs in US stocks and gives you real-time alerts, profit/loss tracking, and advanced features for F&O trading.
7. Scripbox
Scripbox is a trusted mutual fund app that has been helping over 1 lakh families grow their wealth since 2012. With ₹18,000 crores in investments under management, it offers access to 4000+ mutual fund options—like equity, debt, hybrid, and tax-saving (ELSS) funds. You can start investing through SIPs or lump sum, and the app gives you smart fund suggestions based on your risk level using its own Fund Ranking Algorithm. That’s why many people consider it one of the top 10 mutual fund apps in India.
Scripbox supports both direct and regular mutual funds, lets you track your portfolio easily, and even helps with tax-optimized withdrawals. It also allows you to manage your family’s investments in one place. You get regular updates on your portfolio, useful investment tips, SIP calculators, and planning tools to make better decisions. Transactions are safe, paperless, and quick through UPI or net banking. With access to top fund houses like SBI, HDFC, Axis, and ICICI, Scripbox is a simple and complete app for managing your mutual fund investments.
8. Angel One
Angel One is a powerful and easy-to-use app trusted by over 3 crore Indians for investing and trading. With over 25 years of experience, it’s perfect for both beginners and expert traders. You can invest in stocks, mutual funds, IPOs, F&O, US stocks, commodities, bonds, fixed deposits, and even get loans or insurance—all in one place.
With a free Demat account, you can trade in 5000+ stocks and invest in 5000+ mutual fund schemes through SIP or lump sum. That’s why many users call it one of the best apps for SIP investment. The app makes investing simple with a user-friendly design and smart features like GTT orders, stop-loss, cover orders, and Robo Orders to help you trade smarter. You can also transfer money easily through UPI, apply for loans up to ₹10 lakh, and get digital motor insurance.
9. 5paisa
5paisa is a simple and all-in-one app made for both beginners and experienced investors. You get a free Demat account, flat ₹20 brokerage per order, and quick, paperless sign-up. It lets you trade and invest in stocks, mutual funds, IPOs, F&O, commodities, and currencies. New users also enjoy special benefits like zero brokerage for 30 days, 0% interest on margin, and exclusive offers for women investors.
If you’re looking for the best direct mutual fund app, 5paisa is a great choice. It gives access to over 4,000 mutual fund schemes with zero commission, and you can start SIPs with just ₹100. The app also offers stock SIPs, real-time market updates, expert stock tips, and powerful tools for F&O, commodities, and currency trading. You can even automate your trades with algo trading and pre-apply for IPOs. Everything is made easy so you can invest smartly and confidently.
10. HDFC Mutual Fund
The HDFC Mutual Fund App is an easy and secure way for HDFC MF investors to manage and grow their money. If you’re looking for apps to invest in mutual funds, this one makes the process quick and paperless. You can start investing through SIPs or lump sum using Aadhaar-based e-KYC and log in easily with just a 4-digit MPIN.
The app has a simple dashboard to track all your mutual fund investments in one place, a “Favorites” section for your most-used schemes like ELSS, and an E-Cart feature to bundle multiple SIPs or purchases for one-click payment. Payments are super easy with options like UPI, net banking, and one-time mandates. You can also update your contact or bank details directly from the app, making it a smart and convenient choice for anyone investing in HDFC mutual funds on the go.
How to Choose the Right Mutual Fund App for You?
Choosing the right app depends on what you need, your experience, and the features you care about. Here’s a simple guide to help you find the best app for investing in mutual funds:
1. Are You a Beginner?
If you’re just starting out, go for apps that are simple to use and guide you step by step.
- Best Picks: Groww, ET Money, Paytm Money
- Why? These apps are beginner-friendly, explain things in easy language, and are great for starting SIPs or one-time investments.
2. Want Zero Commission on Direct Mutual Funds?
Direct plans help you earn more by skipping agent commissions.
- Best Picks: Zerodha Coin, Kuvera, INDmoney
- Why? These are some of the best apps for mutual fund investment with direct plans, helping you save up to 1.5% extra every year.
3. Love Checking Insights and Reports?
Want to see fund comparisons, portfolio returns, or tax reports?
- Best Picks: INDmoney, Zerodha Coin, Scripbox
- Why? These apps offer smart tools like XIRR, goal tracking, and detailed analytics.
4. Want to Manage Family Investments Together?
Need one app to manage your entire family’s investments?
- Best Picks: Kuvera, Scripbox
- Why? These apps let you track and manage your spouse’s or parents’ mutual funds from one login.
5. Want to Invest in Global Stocks Too?
Looking to invest in big US companies like Apple or Tesla?
- Best Pick: INDmoney
- Why? INDmoney makes it easy to invest in US stocks starting with just ₹100, along with mutual funds.
6. Need More Than Just Mutual Funds?
Want to trade in stocks, IPOs, F&O, or commodities too?
- Best Picks: Angel One, Paytm Money, 5paisa
- Why? These apps are great if you want all mutual fund in one app along with extra features like stock trading and IPO investing.
7. Want Brand Trust and Security?
Prefer apps backed by big names you already know?
- Best Picks: HDFC MF App, Angel One
- Why? These are supported by well-known financial brands and give you a secure investing experience.
Conclusion
Choosing the best app for mutual funds depends on what you’re looking for, your goals, your experience, and the features you care about. Whether you’re a beginner or someone with investing experience, the important thing is to start early and keep investing regularly. These apps make it super easy to start SIPs, check how your money is growing, and manage everything right from your phone.
FAQs
Which app is good for mutual funds?
Groww, Zerodha Coin, and ET Money are some of the best apps for mutual fund investments.
Is Zerodha safe for mutual funds?
Yes, Zerodha is SEBI-registered and completely safe for investing in mutual funds.
Which is the best mutual fund app for beginners?
Groww is one of the best mutual fund apps for beginners due to its simple interface and easy-to-understand features.
