Mutual funds are a good way of investing. Investors rely on it especially when they are beginners or less experienced. But in many cases, there is a lot of confusion in choosing the right app for investing in mutual funds. There are many apps available with different features and suitable for different individuals.
This article will help you understand a few such apps that are considered good for investing in mutual funds in 2025. Let us get into the details.
Best App for Mutual Funds in India 2025
1. Groww
- USP:
- Quick onboarding and an easy-to-use interface for beginners.
- Suitability: Excellent for young professionals and new investors.
- Key points:
- Provides mutual fund plans that are direct.
- Insights-based real-time portfolio tracking.
- Simple options for SIP setup and switching.
- Extra:
- Provides basic portfolio tracking and fund-related insights, though advanced analytics features are limited compared to some competitors.
2. ET Money
- USP:
- Detailed analytics and intelligent fund recommendations.
- Suitability:
- Best suited for investors with particular financial objectives such as purchasing a home or retiring.
- Key points:
- On direct plans, there is no commission.
- Access to portfolio health reports is free.
- Provides sophisticated ideas for tax savings.
- Extra:
- Integrated insurance and spending monitoring features.
3. Kuvera
- USP:
- Automated tax harvesting combined with goal-based investing.
- Suitability:
- Excellent for families and salaried individuals who want to accumulate wealth over the long term.
- Key Points:
- Provides a single dashboard for family accounts.
- Tools to legally reduce capital gains tax.
- Alerts for risk profiling and rebalancing.
- Extra:
- Robo-advisory features are available for free.
4. Zerodha Coin
- USP:
- Integration with Zerodha, the leading stockbroker platform in India.
- Suitability:
- Ideal for active traders who also make mutual fund investments.
- Key Points:
- Direct mutual funds purchased through a Demat account.
- Smooth transition between mutual funds and stocks.
- Free for users of Zerodha.
- Extra:
- Offers simple analytics and selected market data, but in-depth analysis tools are not as comprehensive as what some competitors provide.
5. Paytm Money
- USP:
- Quick, easy-to-use platform that prioritizes mobile users.
- Suitability:
- Tech-savvy users who are already a part of the Paytm network.
- Key Points:
- Minimal investment required (as little as Rs. 100).
- SIP renewals and changes with a single tap.
- Provides stocks and NPS as well.
- Extra:
- Notifies users about the launch of new funds promptly, but does not typically offer exclusive early investment access.
6. Scripbox
- USP:
- Expert mutual fund portfolio curation.
- Suitability:
- Perfect for clients who want direction but not full-service advice.
- Key Points:
- Recommended portfolios according to life objectives.
- Tools for tax planning with simple exit strategies.
- Routine evaluations of performance.
- Extra:
- Expert blogs and a tidy dashboard.
7. INDmoney
- USP:
- A single dashboard for managing US stocks, loans, and Indian mutual funds.
- Suitability:
- For financially active, tech-savvy users who manage a variety of assets.
- Key Points:
- Automatically keeps track of all mutual funds, regardless of where they are invested.
- Financial advice driven by AI.
- Combined family finance view and credit report.
- Extra: Support from human advisors is included in the premium plan.
8. Fisdom
- USP:
- A platform connected to the government and partnered with banks.
- Suitability:
- A secure choice for cautious investors and people who have faith in banks.
- Key Points:
- Works together with big banks like Indian Bank and Bank of Baroda.
- Provides insurance, tax filing, mutual funds, and NPS.
- Bank account onboarding is simple.
- Extra: Excellent customer service and security.
Factors to Consider Before Choosing a Mutual Fund App
Let us look at the factors to consider for choosing the best apps based on your suitability:
1. Security & Regulatory Compliance
- Make sure the app has partnered with AMFI-registered fund houses and is registered with SEBI.
- Seek out a dependable customer support system, two-factor authentication, and bank-grade encryption.
2. Regular vs. Direct Plans
- Higher returns and no commission fees are features of direct plans.
- The majority of popular apps, such as Groww, Kuvera, Paytm Money, and ET Money, only provide direct plans, which is a huge benefit.
3. Analytics and Features
A quality app provides:
- Analysis of a portfolio
- Tax-saving suggestions
- Risk assessment
- Rebalancing recommendations
- Apps such as Kuvera, ET Money, and INDmoney are ideal for analytical investors.
4. Ease of Use and Navigation
The user experience is important. Clean interfaces like Groww, Scripbox, or Paytm Money are better if you’re just starting.
5. Goal-Based Investing
- You can invest according to your own objectives, such as purchasing a car, organising a wedding, or retiring early, using apps like Kuvera, Scripbox, and ET Money.
- This keeps your investments emotionally satisfying and well-structured.
Bottomline
The conclusion can be drawn that all the apps listed above are a good option to consider when thinking of investing in mutual funds. Each app provides some unique feature that attracts the interested individual. However, there are certain factors that the investor must look into before choosing an app.
It is advised to choose apps that are easy to use and secure, especially for new investors. Also, research should be conducted to choose the right mutual funds along with the platform.
