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Mutual funds have become a popular investment option for Indian investors in recent years. With the potential to offer higher returns than traditional savings accounts or fixed deposits, mutual funds have become an attractive choice for those looking to grow their wealth over the long term.

However, with so many different mutual fund options available, it can be difficult to keep track of all your investments and manage them effectively. That’s where mutual fund apps come in. These apps make it easier for investors to track their investments, monitor performance, and make informed decisions about where to invest their money.

But not all mutual fund apps are created equal. Some offer more features and benefits than others, while others may come with higher costs or limited functionality. That’s why it’s important to choose the best mutual fund app for your needs.

In this post, we’ll be sharing our top picks for the best mutual fund apps for Indian investors in 2023. We’ll be highlighting the pros and cons of each app, as well as their key features and costs, to help you make an informed decision about which app is right for you. By the end of this post, you’ll have a better understanding of the options available to you and be equipped to choose the best mutual fund app to help you stay ahead of the game.

Best Mutual Fund Apps in India

Also Read 7 Types of Mutual Funds You Could Invest In

Best Mutual Fund Apps for Indian Investors in 2023

There are several great mutual fund apps available in India that can help you manage your investments and stay ahead of the game in 2023. Here are our top picks:


Paytm Money

Paytm Money is a popular mutual fund app that allows you to invest in a range of mutual funds, including equity, debt, and liquid funds. The app offers a range of features, including a simple interface, goal-based investing, and personalized investment recommendations. However, some users have reported that the app’s research tools are limited.


  • Zero commission app
  • User-friendly interface
  • Goal-based investing
  • Personalized investment recommendations


  • Limited research tools: The app’s research tools are limited compared to other apps, and you may not be able to access all the information you need to make informed investment decisions.
  • Technical glitches: Some users have reported technical glitches and slow loading times, which could be frustrating when trying to make transactions.



Kuvera is a mutual fund app that allows you to invest in a range of mutual funds, including equity, debt, and hybrid funds. The app offers a range of features, including a user-friendly interface, instant fund transfers, and investment tracking tools. Kuvera also offers a free financial planning tool that can help you plan your investments and achieve your financial goals.


  • User-friendly interface
  • Instant fund transfers
  • Investment tracking tools
  • Free financial planning tool


  • Limited investment options: The app may not offer as many investment options as other apps, which could limit your investment choices.
  • High exit load charges: Some funds may have higher exit load charges than those offered by other apps, which could impact your returns if you need to exit your investments before a certain period.


Comparison of Best Mutual Fund Apps

Now that we have reviewed the top mutual fund apps available in India in 2023, let’s compare them based on some key features.

Investment Options

Groww, Kuvera, Zerodha Coin, and ETMoney offer a wide range of investment options, including equity, debt, and hybrid funds. Scripbox, on the other hand, offers curated mutual fund portfolios, which may limit your investment choices.

User Interface

All the apps have a user-friendly interface, but some may be more intuitive and easier to navigate than others. Groww and Kuvera have particularly well-designed interfaces that are simple to use and visually appealing.


Fees can vary significantly across the different mutual fund apps, and it’s important to consider the impact on your returns in the long run. Groww, Kuvera, and Zerodha Coin have no transaction fees, while ETMoney and Scripbox charge fees that are higher than some other apps.


Each app offers a range of features to enhance your investment experience. Groww, Kuvera, and Zerodha Coin offer features such as automated portfolio rebalancing and tax-saving investment options. ETMoney has a user-friendly investment calculator and a unique feature called “SmartDeposit,” which automatically invests your excess cash. Scripbox offers curated mutual fund portfolios and personalized investment recommendations.

Customer Support

When it comes to customer support, Groww, Kuvera, and Zerodha Coin have received high ratings for their responsive and helpful customer service teams. ETMoney and Scripbox also offer customer support, but some users have reported longer response times and less helpful support.

Overall, each app has its strengths and weaknesses, and the best choice for you will depend on your specific investment goals and personal preferences. We recommend considering the key features outlined above and comparing them to find the best mutual fund app for your needs.

Also Read: Mutual Funds Investment: Advantages and Disadvantages


Investing in mutual funds can be a smart way to grow your wealth over time, and with the rise of mobile apps, it’s never been easier to invest in mutual funds. In this article, we reviewed the top mutual fund apps available in India in 2023 and provided an overview of their respective pros and cons.

Groww, Kuvera, Zerodha Coin, ETMoney, and Scripbox all have unique features and benefits that can help you make the most of your investments. Whether you’re looking for a user-friendly interface, a wide range of investment options, or personalized investment recommendations, there’s an app out there that can meet your needs.

It’s important to remember that investing always comes with some level of risk, and there are no guarantees when it comes to returns. However, by doing your research and choosing the best mutual fund app for your investment goals and risk appetite, you can maximize your chances of success.

We hope this article has been helpful in guiding you toward the best mutual fund app for your needs. Always remember to read the fine print, understand the fees and charges, and stay informed about the market trends to make the most of your investments. Happy investing!

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