Looking for the Best Apps for Mutual Funds? Here’s What Indians Prefer

Mutual fund investing in India has seen a massive digital shift over the last few years. Investors no longer need to fill out lengthy forms or visit branches. Instead, they can explore, invest, and track their portfolios directly on their smartphones. With several apps available, many investors wonder which one qualifies as the best mutual fund app.

If you are planning to download MF app solutions for your investments, here’s a look at what Indians prefer.

1. Nippon India Mutual Fund App 

The Nippon India Mutual Fund App has emerged as a powerful and trusted Mutual Fund App for individuals looking to invest in mutual funds digitally. With over 1 million downloads and a stellar 4.5-star rating, the app has positioned itself as one of the most user-friendly and feature-rich solutions for retail investors in India.

Whether you’re a beginner starting your investment journey or a seasoned investor managing a diverse portfolio, this app offers everything you need.

• Digital onboarding with e-KYC and PAN-based registration
• Secure logins via fingerprint, Face ID, OTP, or a 4-digit M-PIN
• Access to a wide variety of mutual fund schemes across equity, debt, gold, and other asset classes
• Personalised, one-view dashboard and portfolio tracker with insightful data
• Advanced DIY tools and goal planners to guide smarter investment decisions
• Live support via helpdesk, chat, or callback

Standout Features That Enhance Your Investment Experience

1. Modern Login & Security Options

Forget about remembering usernames and passwords. The app supports biometric authentication, OTP login, and M-PIN access. Data is encrypted in transit, ensuring your information remains safe while offering hassle-free access.

2. All-in-One Dashboard

The intelligent dashboard provides a consolidated view of your investments, including SIP vs. lumpsum allocation, asset class breakdowns, NAV history, and more. You can also link family member portfolios to manage multiple investment goals under one roof.

3. Smarter Fund Discovery

Finding the right mutual fund has never been easier. The app offers:

• Powerful search filters based on asset class, category, or financial goal (e.g., tax-saving, retirement)
• A curated list of Top Trending Funds and personalised suggestions
• Tools like Fund Comparison, Performance Tracker, SIP & Lumpsum Finder, and Future Value Calculator
• A Watchlist feature to save and revisit schemes before investing

4. Seamless Transactions

The Nippon India Mutual Fund app supports all major mutual fund transactions:

• Lumpsum investments, SIPs, redemptions, and scheme switches
• Cart Buying to invest in multiple schemes at once
• Future Transactions scheduling and Repeat Orders
• Pause & resume SIPs without cancellation
• Payments through UPI, Net Banking, NEFT, RTGS, and Bank Mandates

5. Best-in-Class Service Suite

Manage your investments and services independently with a wide range of self-service tools:

• Download account statements, capital gains reports, and NAV history
• Track your transaction status whether successful, pending, or rejected
• Register bank mandates, update nominee details, change contact info
  Enable or disable biometric login and security features with ease
  Access a dedicated Helpdesk via live chat, web support, or request a callback for queries
  

Goal-Oriented Investing

Planning for life goals is made easier with the app’s Goal Planner. Whether it’s saving for a child’s education, buying a home, or retirement, you can estimate the required corpus and monthly investment, and track your progress over time, all from within the app.

2. Groww

Groww is known for its beginner-friendly interface and strong educational content. It simplifies investing by making direct mutual funds available at zero commission.

Pros

• Free demat account
• Simple interface
• Good for first-time investors
  

Cons

• Limited customer service responsiveness during peak times
• Advanced traders may find tools insufficient

3. Zerodha Coin

Coin by Zerodha is the direct mutual fund platform of India’s largest discount broker. It is best for those who already use Zerodha for stock trading.

Pros

• Strong back-end infrastructure
• Part of Zerodha’s trusted ecosystem

Cons

• Requires demat account with annual fee
• Limited to mutual fund investments

4. ET Money

ET Money provides a mix of mutual fund investments and personal finance management. Backed by the Economic Times group, it offers credibility along with advanced features.

Pros

• Expense tracking with budgeting tools
• Personalised recommendations

Cons

• Some features require a premium subscription
• Can feel overwhelming for beginners

5. Paytm Money

Paytm Money integrates seamlessly with the Paytm ecosystem, offering direct mutual fund investments with zero commission. It has gained popularity among beginners who already use Paytm for payments.

Pros

• SIP automation
  

Cons

• Limited advanced tools for detailed analysis
• Smaller base of active investors compared to top apps

Final Thoughts

Investing through mobile apps has transformed the way Indians approach wealth creation. With easy onboarding, goal-based tools, and secure transactions, mutual fund apps have made financial planning accessible to all.

If you are planning to download MF app platforms, start with the leading ones. It not only simplifies investing but also empowers you to make smarter decisions with clarity and confidence.