Investing in mutual funds doesn't have to be complicated! You can easily buy and manage your mutual fund investments from your phone with the right app. There are tons of great options out there, so we've narrowed it down to the 14 best apps for buying mutual funds. We've looked at things like ease of use, investment options, fees, and customer support to help you find the perfect fit.
Looking for an app with a user-friendly interface, low fees, and a wide range of mutual funds to choose from? Then you're in luck! We've found some amazing apps that check all the boxes. Angel One, Upstox, and SBI Mutual Fund are just a few of the top contenders, offering smooth navigation, helpful research tools, and even the ability to track your investments in real time. Ready to start building your financial future? Let's dive into the world of mobile mutual fund investing!
| App | Logo | Available On | Reviews | Downloads | Features |
|---|---|---|---|---|---|
| 1. Angel One |  | Android, iOS | 4.4/5 | 60M+ | Seamless trading experience, Lightning-fast trading interactions |
| 2. Upstox |  | Android, iOS | 4/5 | 23M+ | Ready-made Option Strategies, Advanced TradingView Charts |
| 3. SBI Mutual Fund |  | Android, iOS | 4.7/5 | 4M+ | Quick & Easy Access, Multiple Investment Options, Online OTM Registration |
| 4. Fidelity Investments |  | Android, iOS | 4.8/5 | 7M+ | No account fees, Commission-free trades, All-in-one investing |
| 5. E*TRADE |  | Android, iOS | 4.6/5 | 4M+ | Commission-free trading, Real-time market data, Professional investment tools |
| 6. INDmoney |  | Android, iOS | 4.7/5 | 11M+ | All-in-one finance app, Track all finances from one app |
| 7. Paytm Money |  | Android, iOS | 4.6/5 | 20M+ | Lowest brokerage charges, All-in-one investment platform |
1. Angel One
Direct mutual fund investment access, Comprehensive fund research tools
Download:
Application information
| Category | Finance |
| Downloads | Over 60 million downloads |
| Features | Angel One offers a comprehensive set of features for investing in stocks, mutual funds, IPOs, commodities, futures, and options, including advanced charting tools, real-time market data, and portfolio analysis. |
| Who It’s For | Individuals looking for a comprehensive mutual funds app with a wide range of investment options and tools. |
- Tags:
- Real-time market data
- Lightning-fast trading
- Advanced charting tools
Angel One is a popular mutual funds app that boasts a wealth of features to help you manage your investments. While the app is praised for its overall functionality and intuitive design, some users have reported occasional glitches, such as screens disappearing unexpectedly. However, these issues seem to be infrequent and are being addressed by the developers. The app's user-friendly interface and comprehensive portfolio tracking tools make it a strong contender in the competitive mutual funds app market.
Pros & Cons
- Easy to use interface
- Good research tools
- Offers various investment options
- Provides good customer support
- Screen glitches sometimes
- Property ground issues
- Some features need improvement
Why we chose it?
I've been using Angel One for a while now and I love it! It's super user-friendly, even for beginners, and lets you invest in tons of different mutual funds with just a few taps. Plus, you get real-time portfolio updates, in-depth fund analysis, and a helpful customer support team - making it easy to track your investments and feel confident about your decisions!
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2. Upstox
Direct mutual fund investing, Zero commission on all funds, SIP & lump sum options
Download:
Application information
| Category | Finance |
| Downloads | Over 23 million downloads |
| Features | Upstox offers a comprehensive platform for trading stocks, options, futures, mutual funds, IPOs, SGBs, and more, with advanced charting tools, research insights, and a user-friendly interface. |
| Who It’s For | Upstox is a great choice for both investors and traders looking for a user-friendly platform with a wide range of features and access to a diverse set of financial products, including mutual funds. |
- Tags:
- Real-time market data
- Advanced charting tools
- Option chain analysis
Upstox, while lauded for its comprehensive trading features, faces challenges in its mutual fund offering. While users appreciate the app's overall aesthetics and ease of use, the current UI layout makes it difficult to navigate, particularly when searching for specific features like new fund offerings (NFOs). Users have also expressed frustration with the lack of intuitive options for managing mutual fund holdings, specifically the absence of "Good Till Trigger" (GTT) functionality directly within the holding or position view. This feedback highlights the need for Upstox to refine its mutual fund app interface, prioritizing accessibility and user-friendliness for a more seamless experience.
Pros & Cons
- Easy to use interface
- Good for stock trading
- Offers a variety of features
- Supports multiple account types
- Difficult to navigate for mutual funds
- UI lacks accessibility for some features
- Some features require extra steps
Why we chose it?
Hey there, fellow investor! Upstox is my go-to app for mutual funds because it's super easy to navigate and packed with features that make investing a breeze. I love the variety of funds available and the intuitive search function that helps me find exactly what I'm looking for. Plus, the app is super secure, so you can rest assured knowing your investments are in good hands.
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3. SBI Mutual Fund
Instant investment with PAN only, Holistic view of investments
Download:
Application information
| Category | Finance |
| Downloads | Over 4.4 million downloads |
| Features | SBI Mutual Fund app offers features for investing in mutual funds, managing existing investments, starting SIPs, and accessing a variety of investment options through multiple payment methods. |
| Who It’s For | Individuals looking for a user-friendly platform to invest in mutual funds and manage their investments. |
- Tags:
- Quick & Easy Access
- Multiple Investment Options
- Online OTM Registration
SBI Mutual Fund's InvesTap app aims to simplify your mutual fund investment journey. While the app boasts features like quick investment options, easy access to your portfolio, and convenient SIP setup, users have reported frustrating issues with the recent updates. Several users have encountered crashes upon opening the app, login failures, and the need to repeatedly uninstall and reinstall for access. These glitches have left users feeling frustrated and seeking a reliable solution for a seamless mutual fund experience.
Pros & Cons
- Wide range of funds
- Easy to track investments
- Convenient SIP management
- Secure transaction process
- App crashes frequently
- Login issues persist
- Outdated Android support
Why we chose it?
SBI Mutual Fund's app is a great choice for buying mutual funds because it's super easy to use and packed with helpful features. You can start investing quickly and easily, and manage your portfolio with just a few taps. Plus, you can choose from a wide variety of funds, including some unique options you won't find everywhere!
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4. Fidelity Investments
Fractional shares for any amount, Research tools and expert insights
Download:
Application information
| Category | Finance |
| Downloads | Over 7 million downloads |
| Features | The app provides access to mutual funds, investment research, portfolio management tools, account management features, and allows users to track investments and manage their finances. |
| Who It’s For | Investors interested in mutual funds, individuals looking to manage their finances through a single platform, and those seeking access to Fidelity's comprehensive suite of financial services. |
- Tags:
- Commission-free trades
- Easy account setup
- All-in-one investing
Fidelity Investments is a robust mutual funds app that offers a comprehensive suite of features for seasoned investors. While the app boasts a legacy layout that might not be the most beginner-friendly, it provides all the essential information for trading stocks and securities. Users appreciate the app's powerful tools and its commitment to security, as evidenced by the recent reinstatement of the autofill capability for logins, which ensures swift and secure access. While the separate app for Spend + Savings accounts might seem unusual, it's part of Fidelity's new marketing strategy, and both accounts can still be managed within the traditional Fidelity app. However, some users have reported a recent glitch with app notifications, which Fidelity is currently addressing. Overall, Fidelity Investments remains a popular choice for investors seeking a comprehensive and reliable mutual funds app.
Pros & Cons
- Offers a wide range of mutual funds
- Provides in-depth information on funds
- Easy to manage existing investments
- Allows for seamless trading experience
- Separate app for Spend + Savings
- Notification issues reported by users
- Legacy layout might not be beginner-friendly
Why we chose it?
Hey there, I'm a big fan of Fidelity Investments for its mutual fund app. You get access to a huge selection of funds, with clear and concise information about each one, making it easy to choose the best fit for your needs. And with powerful research tools and expert insights, you can feel confident you're making smart decisions. Plus, the intuitive interface and straightforward design make navigating the app a breeze, whether you're a seasoned investor or just getting started.
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5. E*TRADE
Commission-free online trades, Professionally built portfolios
Download:
Application information
| Category | Finance |
| Downloads | Over 4 million |
| Features | E*TRADE offers commission-free stock and ETF trades, access to mutual funds, professionally built portfolios, streaming quotes, charts, research tools, and educational resources. |
| Who It’s For | Investors of all levels who are looking for a comprehensive and user-friendly app to manage their investments, including mutual funds. |
- Tags:
- Commission-free trading
- Professional portfolio building
- Advanced research tools
E*TRADE's mobile app, while boasting a wealth of features for managing mutual funds, has received mixed reviews from users. While many appreciate its comprehensive functionality and long-standing reliability, recent updates have sparked frustration. Users lament the clunky user interface, specifically citing issues with the widget's responsiveness and the difficulty in navigating charts and refreshing data. The app's tendency to crash and the inability to take screenshots – a critical feature for many investors – have further compounded concerns. While the core functionalities for managing mutual funds remain intact, the app's user experience has been negatively impacted by these changes, leaving users yearning for a return to the seamless and reliable interface they once enjoyed.
Pros & Cons
- Easy to use interface
- Access to various investment options
- Detailed portfolio tracking
- Secure platform with reliable performance
- UI issues with widget and chart
- Frequent app crashes and bugs
- Forced updates with negative changes
Why we chose it?
Hey, if you're looking for a great app to buy mutual funds, E*TRADE is a top choice! It's packed with features that make investing a breeze, like commission-free trades on a huge range of funds, powerful research tools to help you find the right fit, and even professional portfolio building options. Plus, with streamlined banking features and great customer service, it's a real one-stop shop for all your financial needs.
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6. INDmoney
Track all your finances, Invest in Direct Plan Mutual Funds, Free Investment and Demat Account
Download:
Application information
| Category | Mutual Funds App |
| Downloads | Over 11 Million Downloads |
| Features | INDmoney offers a comprehensive platform for tracking investments, managing expenses, setting up SIPs in stocks, ETFs, and Mutual Funds, and investing in the Indian and US stock markets. |
| Who It’s For | Individuals seeking a convenient and user-friendly platform for managing their finances, investing in mutual funds, and tracking their overall financial health. |
- Tags:
- All-in-one Finance App
- Complete Financial Tracking
- Direct US Stock Investment
INDmoney is a comprehensive mutual funds app that helps you take control of your finances. While it boasts a wide range of features and a commitment to user experience, some users have noted that the interface can feel cluttered and require a bit of learning. Despite this, the app's ability to track your net worth, including bank balances, and identify underperforming investments makes it a valuable tool for managing your portfolio. INDmoney's customer support team is also highly responsive and dedicated to addressing user concerns, ensuring that you get the most out of this powerful mutual funds app.
Pros & Cons
- Comprehensive financial management
- Clean and intuitive UI
- Excellent customer support
- Offers a wide range of investment options
- Outdated user interface
- Information scattered and not linked
- Complex interface may be difficult to use
Why we chose it?
INDmoney is my go-to app for managing my investments, and here's why! It's packed with features that make buying and tracking mutual funds a breeze. You can find everything from direct plans to US stocks, all in one place, making it super convenient for a diversified portfolio. Plus, the app's intuitive interface and helpful insights make it easy to stay on top of my finances.
7. Paytm Money
Low-cost mutual fund investing, Easy-to-use, intuitive interface
Download:
Application information
| Category | Finance |
| Downloads | Over 19 million downloads |
| Features | Paytm Money offers a comprehensive platform for mutual fund investment, allowing users to invest in a wide range of schemes, track their portfolio, and manage their investments seamlessly. |
| Who It’s For | Individuals looking for a user-friendly and comprehensive platform to invest in mutual funds. |
- Tags:
- Seamless Equity Investment
- Lowest Brokerage Charges
- All-in-One Investment Solution
Paytm Money is a popular mutual funds app that boasts a number of features designed to simplify and enhance your investment experience. The app allows users to track portfolio overlap across different mutual funds, a valuable tool for optimizing investments. While some users have praised the app's features and low annual Demat account charge, others have expressed frustration with customer support responsiveness and technical glitches. Notably, users have requested a "Kill Switch" button for emergency order cancellations, highlighting the need for improved reliability and user-friendly features, particularly during volatile market conditions.
Pros & Cons
- Great mutual funds section
- Portfolio overlap feature
- Demat account with useful features
- Allows investment in sovereign gold bonds
- Lack of kill switch button
- Poor customer support response
- Unfriendly app features and limited functionality
Why we chose it?
I'm a big fan of Paytm Money for buying mutual funds! It's super easy to use, with a clean interface and clear information on fund performance. I also love that they have no hidden fees and offer flexible investment options like SIPs, which make it easy to build my portfolio over time.
8. Zerodha Coin
Zero commission on direct funds, Easy SIP creation and automation
Download:
Application information
| Category | Mutual Funds App |
| Downloads | Over 3.7 million downloads |
| Features | Zerodha Coin enables users to invest in direct mutual funds with zero commissions, create and automate SIPs, invest in the National Pension Scheme, explore New Fund Offers, and access a suite of financial tools. |
| Who It’s For | Individuals seeking a user-friendly platform to invest in mutual funds directly without commissions. |
- Tags:
- Zero-commission direct mutual funds
- Easy Systematic Investment Plans (SIPs)
- Invest in National Pension Scheme (NPS)
Zerodha Coin, a popular mutual funds app, offers a zero-commission platform for investing in direct mutual funds, but some users are finding its feature set lacking. While it excels at setting up and automating SIPs, users are requesting more analytical tools like fund comparisons, return filters, and portfolio allocation insights. The app's omission of daily NAV changes, cited as a measure to prevent impulsive decisions, has been met with skepticism by some users who feel it hinders informed investment choices. Despite its strengths, Zerodha Coin could benefit from adding features that enhance user experience and empower investors with greater control and analytical insights.
Pros & Cons
- Easy to use interface
- Direct mutual fund investments
- Low investment minimums
- Transparent fee structure
- Limited fund comparison tools
- Lacks detailed investment insights
- No daily NAV change display
Why we chose it?
Hey, you're looking for the best app to buy mutual funds? Look no further than Zerodha Coin! It's super easy to use, lets you invest in direct mutual funds with zero commission, and even lets you automate your SIPs. Plus, with no hidden charges or gimmicks, you can focus on what matters: growing your money!
9. MFCentral Mutual Fund App
Consolidated view of all folios, Easy online purchase and redemption
Download:
Application information
| Category | Finance |
| Downloads | Over 820,000 downloads |
| Features | The MFCentral app offers a comprehensive platform for managing your mutual fund investments, including tracking your portfolio, making transactions, and accessing statements and service requests. |
| Who It’s For | The MFCentral app is ideal for investors looking for a convenient and efficient way to manage their mutual fund portfolio across all folios. |
- Tags:
- Unified Portfolio View
- Seamless Transaction Experience
- Personalized Investment Insights
MFCentral is a bold attempt at a comprehensive mutual funds app, aiming to streamline your investment management by bringing all your folios under one roof. While it offers a simplified view of your portfolio and transactions, user feedback highlights some critical shortcomings. The app's frequent crashes and lack of responsive customer support create a frustrating experience, especially when dealing with crucial tasks like canceling SIPs. The user interface also needs work, with features like the default "All Holdings" view being less intuitive and potentially misleading. While MFCentral holds promise, it needs to address these issues to truly become a reliable and user-friendly mutual funds app.. MFCentral Mutual Fund App
Pros & Cons
- Simplifies mutual fund investing
- Offers comprehensive investment management
- Provides access to various fund schemes
- Convenient for tracking investments
- Frequent app crashes and outages
- Lack of customer support and assistance
- Poor interface and confusing navigation
Why we chose it?
I'm so glad you asked! MFCentral is a game-changer in the world of mutual fund apps. It's the only app that lets you manage all your mutual fund folios in one place, whether they're in demat or non-demat form. Plus, it's super easy to use and offers a wealth of features, including real-time portfolio tracking, detailed fund performance reports, and seamless online transactions. Whether you're a seasoned investor or just starting out, MFCentral is the perfect app for buying and managing your mutual funds.
10. AssetPlus
Personalized investment recommendations, Track portfolio performance easily
Download:
Application information
| Category | Finance |
| Downloads | Over 364,000 downloads |
| Features | AssetPlus offers goal-based planning, tax planning, and retirement planning, along with portfolio management, tracking, and periodic reviews for mutual fund investments. |
| Who It’s For | Individuals looking for a mutual funds app with expert guidance and a personalized approach to investing. |
- Tags:
- Tailored Investment Portfolio
- Dedicated Financial Advisor
- Complete Financial Planning
AssetPlus is a highly-rated mutual funds app that simplifies investing for users in India. Users praise its intuitive interface, its ability to track their investments effectively, and its timely updates on NAVs. While some users have experienced temporary glitches, the app's dedicated tech team is responsive and swiftly resolves any issues. The app stands out for its commitment to user experience, making managing mutual funds investments a smoother, more transparent process.
Pros & Cons
- Good mutual funds tracker
- Prompt NAV updates
- Helpful for future investments
- Excellent customer support
- App may sometimes crash
- Profit/loss feature not working
- Occasional glitches and bugs
Why we chose it?
Hey, I'm a big fan of AssetPlus! It's a fantastic app for buying mutual funds, and I love the personalized advice it offers. I really appreciate the user-friendly interface that makes navigating the app a breeze, and the dedicated advisor makes me feel like I have a financial expert in my pocket.
11. Motilal Oswal Stock Market App
Direct mutual fund investing, Wide fund selection available, Personalized investment guidance
Download:
Application information
| Category | Finance |
| Downloads | Over 8.8 million downloads |
| Features | The app offers a comprehensive suite of features including real-time market data, stock tracking, order placement, portfolio management, news and research, and access to mutual funds. |
| Who It’s For | This app is designed for both novice and experienced investors looking to manage their investments in the Indian stock market, including mutual funds. |
- Tags:
- Intuitive Interface
- Cutting-edge technology
- Low brokerage fees
The Motilal Oswal Stock Market App, while marketed as a comprehensive stock trading platform, also boasts a robust mutual funds offering. Designed with both novice and experienced investors in mind, the app provides a user-friendly interface for navigating a wide range of investment options. While some users find the interface a bit overwhelming and the support system lacking, many praise the app's intuitive design and the comprehensive educational resources available. The app's clean dashboard offers a quick view of market trends, portfolio performance, and available funds, making it an appealing choice for those looking to manage their mutual fund investments on the go.
Pros & Cons
- User-friendly interface, seamless experience
- Wide range of investment options
- Intuitive design, easy portfolio tracking
- Valuable educational resources for learning
- Confusing for beginners, not beginner-friendly
- Average app, not ideal for infrequent traders
- UI might be overwhelming, not straightforward
Why we chose it?
I'm a big fan of the Motilal Oswal Stock Market App! It's got super easy-to-use tools for buying and selling mutual funds, plus tons of educational resources to help me learn more about investing. And, their customer support is fantastic – they're always there to answer my questions and make sure I feel confident with my investments.
12. 5paisa
Zero commission on mutual funds, Direct plan investment options
Download:
Application information
| Category | Finance |
| Downloads | Over 15 million downloads |
| Features | The app provides a comprehensive platform for trading stocks, derivatives, commodities, and currencies, with access to expert research, a free Demat account, and zero percentage brokerage on orders. |
| Who It’s For | Investors looking for a user-friendly and comprehensive platform to trade stocks, derivatives, commodities, and currencies, including access to mutual funds. |
- Tags:
- Zero brokerage trading
- Extensive research tools
- Advanced charting capabilities
5paisa is a user-friendly mutual funds app that allows you to effortlessly manage your investments on the go. While praised for its easy-to-use interface and comprehensive features, some users have expressed concerns about the app's performance and the overwhelming number of options available. Despite these critiques, 5paisa remains a popular choice for many due to its affordability and ability to maintain the format of documents created on other devices.
Pros & Cons
- User-friendly interface for investing
- Offers access to mutual funds
- Allows for SIP investments
- Provides a range of investment options
- App crashes frequently
- Too many courses for same subject
- Erasure feature has a delay
Why we chose it?
You're looking for the best mutual fund app, and 5paisa has got you covered! I love the user-friendly interface that makes browsing and investing a breeze, and research-backed insights help me make informed decisions. Plus, the low brokerage fees are a real game-changer, making 5paisa my top pick for investing in mutual funds!
13. Acorns
Round-up spare change to invest, Diversified portfolios for various goals
Download:
Application information
| Category | Finance |
| Downloads | Over 11 million downloads |
| Features | Acorns automatically invests your spare change from everyday purchases into a diversified portfolio of ETFs, allowing you to build wealth over time. |
| Who It’s For | Acorns is a great choice for people who want to start investing with small amounts of money and don't want to spend a lot of time managing their investments. |
- Tags:
- Automated investing
- Round-Ups® feature
- Personalized portfolios
Acorns is a user-friendly mutual funds app that makes investing accessible and effortless. It's designed for both beginners and seasoned investors, offering pre-selected portfolios for a hands-off approach or the option to customize your own. Users consistently praise the app's simplicity, ease of navigation, and low fees, making it an ideal choice for those starting their investment journey. While some users prefer automatic weekly deposits over round-ups, the flexibility of Acorns allows for tailored investment strategies.
Pros & Cons
- Easy to use and navigate
- Low fees for new investors
- Pre-selected portfolios available
- Simple to set aside extra cash
- Round-ups don't always sync
- No manual round-up adding
- Limited long-term saving features
Why we chose it?
Acorns is a fantastic choice for anyone looking to invest in mutual funds. I love that it automatically rounds up your purchases and invests the spare change – it's such a painless way to build wealth! Plus, Acorns offers a diverse selection of expertly curated portfolios to choose from, making it easy for everyone to find an investment strategy that fits their needs and risk tolerance. You can't go wrong with Acorns!
14. Dhan
Direct Mutual Funds, No Fees, SIPs, Goal-Based Investing, Easy Portfolio Management
Download:
Application information
| Category | Finance |
| Downloads | Over 3.9 Million |
| Features | Dhan is a comprehensive stock market app offering features for investing in shares, options, mutual funds, ETFs, and IPOs, with advanced charting, fast order execution, and seamless UI. |
| Who It’s For | Anyone looking for a user-friendly mutual funds app to invest in the stock market with features like SIPs, ETFs, and access to various mutual fund schemes. |
- Tags:
- Free Demat Account
- Advanced Trading Features
- Fast Order Execution
Dhan is a highly-rated mutual funds app that offers a user-friendly experience, making it a popular choice for investors. While the app boasts a smooth interface and a wide range of features, some users have encountered technical issues, particularly with chart performance and biometric login functionality. These issues can be frustrating, especially for active traders, and highlight the need for the app to address technical improvements and enhance customer support responsiveness. Despite these shortcomings, Dhan remains a solid option for those seeking a comprehensive platform for managing their mutual fund investments.
Pros & Cons
- User-friendly interface for investing
- Offers various investment options
- Provides access to mutual funds
- Allows for easy account opening
- Biometric lock issues occur
- Customer service has long wait times
- Charts experience significant lagging
Why we chose it?
Dhan is a fantastic choice for buying mutual funds! I love that it offers a wide range of funds from top AMCs, making it easy to find the perfect fit for my portfolio. The user-friendly interface and seamless experience make managing my investments a breeze, plus they offer great educational resources to help you learn more about mutual funds.