Top Apps to Invest in Mutual Funds in 2023

That is why we have compiled a list of the finest mutual fund apps for investors to explore as they begin their financial journey.

Top Apps to Invest in Mutual Funds in 2023
Mutual Fund Apps

Investing in mutual funds has never been easier thanks to certain high-quality apps that enable investors to perform financial planning at their fingertips. Depending on an investor's financial needs, he or she may wish to invest in various mutual fund schemes.

This necessitates the employment of a safe, user-friendly, and cost-effective app. With so many apps available for download these days, selecting the correct app for investing in mutual funds may be difficult. That is why we have compiled a list of the finest mutual fund apps for investors to explore as they begin their financial journey.

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Fisdom app 

The Fisdom app is an excellent mutual fund investment tool in India, particularly for beginner mutual fund investors. The software is intended to make the investment procedure as simple as possible. Users can also use value-added services such as the 'risk profiler' and 'financial health check' to ensure that they choose the correct mutual funds.

Aside from mutual funds, the Fisdom app allows investors to explore the stock market through a highly competitive brokerage structure with no registration fees. 

Fisdom app enjoys:

  • Android rating – 4.7/5
  • App downloads – 10lakh+

Features of the Fisdom app

Here are some of the app's best features:

  • Fund suggestions tailored to an individual's investment capacity, investment horizon, and risk profile
  • Wide range of funds
  • Convenient single-view display for convenient investment tracking
  • Importing external mutual fund transactions
  • Advanced research reports are available for free. 
  • Smooth e-KYC
  • Secure transactions

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Mutual Fund Apps in India

Other high-quality mutual fund apps available in India are:

1. Groww

Groww is also one of the mutual fund apps recommended by new investors. This software provides basic user-friendly features that allow users to select their investment option based on their financial planning requirements. Users will appreciate the ease of this app's single dashboard for tracking all investments. 

2. Paytm Money

Paytm is a popular app that many people use for their daily financial transactions and shopping requirements. Paytm has launched Paytm Money, an investment-specific app that gives users access to several mutual fund schemes as well as the ability to establish a personal financial portfolio.

3. Zerodha

Zerodha Coin is a well-known mutual fund investment app. This is a straightforward program that allows investors to invest in mutual funds. A Zerodha account is required to utilize the app. Users can invest in mutual funds via Systematic Investment Plans or a flat sum. 

4. Kuvera

The Kuvera mutual fund investment app has a goal-based investing option. It caters to many financial goals of investors through its advice, such as tax savings, wealth creation, financial stability, and so on. The app's single-view dashboard allows investors to effortlessly follow their investments from any location and at any time.

5. ET Money App

This is one of the best mutual fund apps. It is excellent for both new and seasoned investors. The app also includes some informative tips to help investors improve their investment decisions. The software provides personalized investing roadmaps to meet individual financial goals. 


With quickly changing technology and customer needs, various mutual fund applications are providing unique tailored features in order to attract a larger user base. With apps like Fisdom, investing in mutual funds has become a piece of cake. Users must consider transaction safety as well as the convenience of use when choosing an app for mutual fund investment.


1. Which app is safe for SIP investment?

There are numerous mutual fund apps on the market today, providing investors with a plethora of possibilities. Today's most popular apps include Zerodha, Fisdom, Groww, Upstocks, Scripbox, and many others. Let's take a closer look at the Fisdom app and why it's becoming so popular among investors.

2. Is Zerodha safe for mutual funds?

The entire procedure is completed online and without difficulty. Your Zerodha demat account is credited with mutual funds. Your mutual fund holdings in the demat account are as safe as they are with any other broker because your demat account is with CDSL (Zerodha solely services the demat account).

3. Are mutual fund apps legal?

Certain well-known mutual fund applications, such as Fisdom, are lawful because they are licensed to provide mutual fund investment services. Users must check the license of the mutual fund app to confirm the legitimacy of transactions.

4. Is it good to invest in Groww?

Groww offers free mutual fund services, with no fees for investing or redeeming mutual funds. Groww has its own trading platform, Groww (web and mobile trading app), which provides its investors with a flawless trading experience. With 128-bit encryption, it is a safe and secure app.

5. Are mutual funds 100% safe?

Mutual funds are generally regarded as a secure investment that allows investors to diversify with little risk. However, there are times when a mutual fund is not a suitable alternative for a market participant, particularly when it comes to expenses. 91Techinfo