10 Best Mutual Funds Apps in India 2024

Ready to ramp up your investment strategy for 2024? Don't worry! This article has all the must-have info needed for successful investing. We've rounded up a winning lineup of the 10 top best mutual fund apps in India that can give investors an edge - from comprehensive research tools to savvy tips and advice on which investments are worth taking on now, these handpicked funding apps will help build a strong portfolio into 2024 and beyond. Ready to get started? Check out our list today you won't regret it!

10 Best Mutual Fund Apps in India of 2024

best mutual funds app in india

Zerodha Coin - #1 Mutual Fund App in India

It is an increasingly popular choice among investors and now has more than 2,50,000 users with total assets under the management of Rs. 4600 crore. It is currently a free service and allows users to decide between investing in stocks as well as mutual funds in the same app. This however results in the need to have a Demat account as stocks cannot be bought without a Demat account.


Also Read: Best Instant Loan Apps In India

best mutual funds app in india

Scripbox - Best Mutual Fund App in India

The oldest of the new-age startups, Scripbox has been around since 2012 and is a popular choice among casual investors. It relies on regular commissions and users have to pay 1 percent for equity funds and 0.5 percent for debt fund investments. It is highly regarded among investors and manages investments worth a cumulative Rs. 1500 crore. In lieu of the commission, the app suggests a mutual fund basket for you to invest in and consistently modifies and rebalances the portfolio using inputs from the market. In short, you have to do scarcely a little after you have invested in using Scrpbox. By using this app now you can file your income tax returns. Recently they have added a feature called Cash Management. With the help of this feature, you can easily secure a liquid fund-based solution that can help you park your surplus money efficiently till you decide what to do with it.


Also Read: Best Trading App in India

best mutual funds app in india

Kuvera - Best Direct Mutual Fund App

Founded in late 2017, Kuvera pioneered free investing in direct mutual fund plans and now manages a whopping Rs. 9000 crore and has over 6.5 lakh users. It also offers a plethora of other services through its portal. This includes things like viewing and managing your EPF balance as well. It also offers guidance for investors to chart their own strategy for asset allocation.


Also Read: Best Money Earning Apps in India

best mutual fund apps in india

Paytm Money - Popular Mutual Fund App in India

More than anything else, the sheer familiarity with Paytm and its services means that even after a relatively late entry into the space, it has steadily added investors and now manages assets worth a substantial Rs. 5000 crore. Built straight into the Paytm App that hundreds of millions of people use in India, Paytm Money makes it incredibly easy to invest money. It offers direct plans with zero commission and has pre-made portfolios with recommendations from the mutual fund rating companies.


best mutual funds app in india

MyCAMS - Best Free Mutal Fund App in India

If you are worried about the fickle nature of the startup world and would rather park your money with an industry major, then MyCAMS is for you. It is a registered transfer agent (RTA) for a number of mutual fund houses and has been around for over 30 years now. The platform is free to use as well. However, you can only buy the mutual funds that have partnered with MyCAMS.


mutual funds app in india

Piggy - Best Mutual Fund App In India

Among the top-rated investment apps around, it offers over 600 mutual fund schemes from 25 mutual fund firms. It places an emphasis on educating the investor and features easy to read information about different mutual funds with illustrations. There are also scores of informative material to bring the investor up to speed about the market and this leads to the user making a smarter choice for himself/herself.


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Groww - Top Mutual Fund App

With more than a million users, it is easily the most popular of the lot and allows investors to choose from 37 mutual fund houses. It also includes expert advice from industry veterans that investors can use to better understand the market. It allows you to track the real-time performance of all your investments in one place. Groww claims that it uses bank-grade security features making it the safest app in the category.


ET Money - Highest Rated Mutual Funds App

The Economic Times is what everyone from an aspiring investor to an accomplished businessman should pick up. Period. It has for some time been a reliable source of information and insight into the business world.

Now you can also search them via a list of best performing funds or by your favorite fund house. The ET Money app run by the same corporation builds on these fundamentals and presents what is the most thorough and in-depth analysis of the mutual fund market, easily accessible through an app.


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Goalwise - Goal-Based Mutual Fund App India

Chatbots are everywhere. These days whenever you run into trouble on an e-commerce website, chatbots are usually the first responders. Goalwise uses the technology behind them for something else entirely. Combining expert insight and real-time updates on all mutual funds, it offers users investment advice depending on their individual goals and preferences. Goalwise is famed for having highly responsive and user-friendly customer support.


best mutual fund app in india

Mutual Funds via Bank portals

Another way to invest in this space is by far the one with the least complications. All major banks now have a dedicated investment portal. However, this simplicity comes at a cost. Banks, in general, charge a commission for every transaction and those fees can add up quickly if you are making a number of trades. Banks like ICICI, HDFC, and Axis have reasonably good investment portals.

Also Read: Best Reselling Apps in India


While these are our favorites for the casual investor, there is a multitude of other options available. A prominent option that we haven’t mentioned is the use of platforms of the mutual fund companies themselves. While they are rather straightforward to use, it can get quite cumbersome to create accounts with multiple firms. Also, you end up having to do your own research.

Let us know which of these do you prefer the most.

Frequently Asked Questions

Are mutual fund Apps Safe?

Yes, it is safe to invest in mutual funds through mobile apps. Still, The safety of mutual fund Apps is something that investors need to be aware of when choosing a mobile investment platform. While there have been no reports of major security breaches involving mutual fund Apps, it's always important to take precautions to protect your personal information.

Which is the best app to manage mutual funds in India?

There is no definitive answer to this question. Different people will have different opinions, depending on their individual needs and preferences. However, some of the most popular mutual fund management apps include Zerodha Coin, Scripbox & Kuvera.

Which app is best for mutual fund tracking in India?

This is a tricky question to answer as there are many different apps available for mutual fund tracking in India. Some of the most popular options include Groww, Zerodha Coin, and ET Money. However, it really depends on your individual needs and preferences as to which app is best for you.

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