10 Best Mutual Fund Apps in India for Investment Online (2023)

A mutual fund is a type of investment vehicle that pools money from many investors and uses it to buy a diversified portfolio of stocks, bonds, or other securities. The value of the mutual fund’s holdings is then divided among the investors, based on the amount of money they have invested.

Mutual funds offer investors several benefits, including diversification, professional management, and the ability to invest in a wide range of securities with a relatively small amount of money. They are also relatively easy to buy and sell, and they offer investors the opportunity to invest in a variety of financial markets and asset classes.

However, mutual funds also have some drawbacks, including fees and expenses that can reduce returns, and the potential for the value of the fund’s holdings to decline. It is important for investors to carefully consider their investment objectives and risk tolerance before investing in mutual funds, and to carefully read the fund’s prospectus and other relevant documents before investing.

What is Mutual Fund App?

A mutual fund app is a mobile application that allows investors to buy and sell mutual fund units, track their investments, and access other useful information and tools related to mutual fund investing. Many mutual fund apps also offer features such as market news and analysis, portfolio tracking and management tools, and educational resources to help investors make informed investment decisions.

Some mutual fund apps may be provided by mutual fund companies, while others may be offered by brokerages or other financial services firms. Many mutual fund apps are available for free, although some may charge fees for certain services or features.

It is important for investors to carefully consider their investment objectives and risk tolerance before using a mutual fund app or investing in mutual funds. They should also be aware of any fees or charges that may apply, and carefully read the fund’s prospectus and other relevant documents before investing.

10 Best Mutual Fund Apps in India

There are many mutual fund apps available in India that allow investors to buy and sell mutual fund units, track their investments, and access other useful information and tools. Some popular mutual fund apps in India include:

1) Groww Mutual Fund App

Groww is a financial services platform that offers a range of investment products, including mutual funds. Its mutual fund app allows investors to easily invest in a variety of mutual funds, including both equity and debt funds.

Some features of the Groww mutual fund app include:

Easy fund selection: Investors can browse and compare different mutual fund options, and select the funds that best meet their investment objectives.
Convenient investment options: Investors can invest in mutual funds through the Groww app using a variety of payment methods, including bank transfer, UPI, or debit card.
Real-time tracking: Investors can track the performance of their mutual fund investments in real-time, and view detailed portfolio and transaction history.

Automated investments: The Groww app offers an option for investors to set up automated investments (also known as systematic investment plans or SIPs) in mutual funds, allowing them to invest a fixed amount at regular intervals.
Educational resources: The app provides access to educational resources and tools to help investors plan and achieve their financial goals.

2) Paytm Money Mutual Fund App

Paytm Money is a financial services platform that offers a range of investment products, including mutual funds. Its mutual fund app allows investors to easily invest in a variety of mutual funds, including both equity and debt funds.

Some features of the Paytm Money mutual fund app include:

Easy fund selection: Investors can browse and compare different mutual fund options, and select the funds that best meet their investment objectives.
Convenient investment options: Investors can invest in mutual funds through the Paytm Money app using a variety of payment methods, including bank transfer, UPI, or debit card.

Real-time tracking: Investors can track the performance of their mutual fund investments in real-time, and view detailed portfolio and transaction history.
Automated investments: The Paytm Money app offers an option for investors to set up automated investments (also known as systematic investment plans or SIPs) in mutual funds, allowing them to invest a fixed amount at regular intervals.
Market news and analysis: The app provides access to market news and analysis to help investors make informed investment decisions.

3) Zerodha Coin Mutual Fund App

Coin is a mutual fund investment platform offered by Zerodha, one of India’s leading online stockbrokers. It allows investors to easily invest in a wide range of mutual funds, including both equity and debt funds.

Some features of the Zerodha Coin mutual fund app include:

Easy fund selection: Investors can easily browse and compare different mutual fund options, and select the funds that best meet their investment objectives.

Convenient investment options: Investors can invest in mutual funds through Coin using a variety of payment methods, including bank transfer, UPI, or debit card.
Real-time tracking: Investors can track the performance of their mutual fund investments in real-time, and view detailed portfolio and transaction history.
Automated investments: Coin offers an option for investors to set up automated investments (also known as systematic investment plans or SIPs) in mutual funds, allowing them to invest a fixed amount at regular intervals.

4) Kotak Securities Mutual Fund App

Kotak Securities is a financial services firm that offers a range of investment products, including mutual funds. Its mutual fund app allows investors to easily invest in a variety of mutual funds, including both equity and debt funds.

Some features of the Kotak Securities mutual fund app include:

Easy fund selection: Investors can browse and compare different mutual fund options, and select the funds that best meet their investment objectives.

Convenient investment options: Investors can invest in mutual funds through the Kotak Securities app using a variety of payment methods, including bank transfer, UPI, or debit card.
Real-time tracking: Investors can track the performance of their mutual fund investments in real-time, and view detailed portfolio and transaction history.
Automated investments: The Kotak Securities app offers an option for investors to set up automated investments (also known as systematic investment plans or SIPs) in mutual funds, allowing them to invest a fixed amount at regular intervals.

Portfolio management tools: The app provides tools to help investors manage and track their portfolio, including portfolio diversification analysis and risk assessment tools.

5) ICICI Direct Mutual Fund App

ICICI Direct is a financial services firm that offers a range of investment products, including mutual funds. Its mutual fund app allows investors to easily invest in a variety of mutual funds, including both equity and debt funds.

Some features of the ICICI Direct mutual fund app include:

Easy fund selection: Investors can browse and compare different mutual fund options, and select the funds that best meet their investment objectives.
Convenient investment options: Investors can invest in mutual funds through the ICICI Direct app using a variety of payment methods, including bank transfer, UPI, or debit card.
Real-time tracking: Investors can track the performance of their mutual fund investments in real-time, and view detailed portfolio and transaction history.

Automated investments: The ICICI Direct app offers an option for investors to set up automated investments (also known as systematic investment plans or SIPs) in mutual funds, allowing them to invest a fixed amount at regular intervals.
Research and analysis: The app provides access to research and analysis to help investors make informed investment decisions.

6) HDFC Securities Mutual Fund App

HDFC Securities is a financial services firm that offers a range of investment products, including mutual funds. Its mutual fund app allows investors to easily invest in a variety of mutual funds, including both equity and debt funds.

Some features of the HDFC Securities mutual fund app include:

Easy fund selection: Investors can browse and compare different mutual fund options, and select the funds that best meet their investment objectives.
Convenient investment options: Investors can invest in mutual funds through the HDFC Securities app using a variety of payment methods, including bank transfer, UPI, or debit card.

Real-time tracking: Investors can track the performance of their mutual fund investments in real-time, and view detailed portfolio and transaction history.
Automated investments: The HDFC Securities app offers an option for investors to set up automated investments (also known as systematic investment plans or SIPs) in mutual funds, allowing them to invest a fixed amount at regular intervals.
Educational resources: The app provides access to educational resources and tools to help investors make informed investment decisions.

7) SBI Mutual Fund App

SBI Mutual Fund is a mutual fund company in India that offers a range of mutual fund investment options. Its mutual fund app allows investors to easily invest in a variety of mutual funds, including both equity and debt funds.

Some features of the SBI Mutual Fund app include:

Easy fund selection: Investors can browse and compare different mutual fund options, and select the funds that best meet their investment objectives.

Convenient investment options: Investors can invest in mutual funds through the SBI Mutual Fund app using a variety of payment methods, including bank transfer, UPI, or debit card.
Real-time tracking: Investors can track the performance of their mutual fund investments in real-time, and view detailed portfolio and transaction history.
Automated investments: The SBI Mutual Fund app offers an option for investors to set up automated investments (also known as systematic investment plans or SIPs) in mutual funds, allowing them to invest a fixed amount at regular intervals.

Educational resources: The app provides access to educational resources and tools to help investors make informed investment decisions.

8) Axis Direct Mutual Fund App

Axis Direct is a financial services firm that offers a range of investment products, including mutual funds. Its mutual fund app allows investors to easily invest in a variety of mutual funds, including both equity and debt funds.

Some features of the Axis Direct mutual fund app include:

Easy fund selection: Investors can browse and compare different mutual fund options, and select the funds that best meet their investment objectives.
Convenient investment options: Investors can invest in mutual funds through the Axis Direct app using a variety of payment methods, including bank transfer, UPI, or debit card.
Real-time tracking: Investors can track the performance of their mutual fund investments in real-time, and view detailed portfolioand transaction history.

Automated investments: The Axis Direct app offers an option for investors to set up automated investments (also known as systematic investment plans or SIPs) in mutual funds, allowing them to invest a fixed amount at regular intervals.
Market news and analysis: The app provides access to market news and analysis to help investors make informed investment decisions.

9) Reliance Securities Mutual Fund App

Reliance Securities is a financial services firm that offers a range of investment products, including mutual funds. Its mutual fund app allows investors to easily invest in a variety of mutual funds, including both equity and debt funds.

Some features of the Reliance Securities mutual fund app include:

Easy fund selection: Investors can browse and compare different mutual fund options, and select the funds that best meet their investment objectives.
Convenient investment options: Investors can invest in mutual funds through the Reliance Securities app using a variety of payment methods, including bank transfer, UPI, or debit card.

Real-time tracking: Investors can track the performance of their mutual fund investments in real-time, and view detailed portfolio and transaction history.
Automated investments: The Reliance Securities app offers an option for investors to set up automated investments (also known as systematic investment plans or SIPs) in mutual funds, allowing them to invest a fixed amount at regular intervals.
Educational resources: The app provides access to educational resources and tools to help investors make informed investment decisions.

10) Karvy Online Mutual Fund App

Karvy Online is a financial services firm that offers a range of investment products, including mutual funds. Its mutual fund app allows investors to easily invest in a variety of mutual funds, including both equity and debt funds.

Some features of the Karvy Online mutual fund app include:

Easy fund selection: Investors can browse and compare different mutual fund options, and select the funds that best meet their investment objectives.

Convenient investment options: Investors can invest in mutual funds through the Karvy Online app using a variety of payment methods, including bank transfer, UPI, or debit card.
Real-time tracking: Investors can track the performance of their mutual fund investments in real-time, and view detailed portfolio and transaction history.
Automated investments: The Karvy Online app offers an option for investors to set up automated investments (also known as systematic investment plans or SIPs) in mutual funds, allowing them to invest a fixed amount at regular intervals.

Market news and analysis: The app provides access to market news and analysis to help investors make informed investment decisions.

In Conclusion

We sincerely hope that these applications will help you in the same way that they have helped us. So, what are you waiting for? Now is the time to invest in mutual funds and save your hard-earned money.