Investing in mutual funds is considered one of the most practical ways to grow wealth over the long term. They offer diversification, professional management, flexibility with Systematic Investment Plans (SIPs), liquidity, tax-saving opportunities, transparency, and the potential for long-term wealth creation. These advantages make mutual funds suitable for both beginners and experienced investors.
But to enjoy all these benefits and keep your mutual fund journey affordable, informed, and hassle-free, you need a dependable investment app. Wondering which apps can actually make this possible for you? Take a look at the options you can consider.
4 best investment apps for mutual fund investors
1. MO Riise by Motilal Oswal: Offers several asset classes, curated collections of mutual fund schemes, SIPs starting at ₹500, expert-backed research, an informative FAQ section, video tutorials, UPI-based payments, 24/7 help, and much more. MO Riise is also backed by a SEBI-registered public entity and already used by 40+ lakh users.
2. ET Money: Helps with smart fund recommendations, paperless KYC, expert support, tax saving options, and integration of expense tracking with investments.
3. Paytm Money: Gives access to a large selection of funds, plans with low investment amounts, and a simple interface.
4. Groww: Features thousands of schemes across various categories, simple SIP setup, quick payment systems, educational resources, and easy portfolio tracking for beginners.
Features that make these investment apps truly the best
The investment apps mentioned above simplify your mutual fund journey with useful features like:
Multiple asset classes
Every mutual fund app listed above lets you explore equities, debt funds, hybrid funds, tax-saving funds, and more. This range matters as it allows you to diversify to balance risk and growth. Instead of juggling multiple apps or services, you can manage your entire wealth strategy easily via one app.
Returns across multiple timeframes
These investment apps let you check mutual fund returns across:
- 1 month
- 3 months
- 6 months
- 1 year
- 3 years
- 5 years
- 10 years
This multi-period view helps you analyse both short-term volatility and long-term stability.
Tools for smart investing
Built-in SIP and lump sum calculators give you clarity on how investments in mutual funds will grow over time. You can adjust contribution amounts, durations, and expected returns to see realistic return projections. These tools encourage disciplined and goal-oriented investing.
Curated collections of schemes
Most of these leading MF apps organise schemes into ready-made collections that match different investment goals. Some common categories are:
- High return funds: Show schemes with strong past performance.
- SIP with ₹500: Make structured investing accessible for beginners.
- Tax-saver funds: Help reduce taxable income under Section 80C.
- Highest rated funds: List funds with high ratings for performance.
- New Fund Offers (NFOs): Provide access to newly launched funds.
- International funds: Enable global diversification with international investment options.
- Wealth builder plans: Highlight funds designed for long-term growth.
These collections reduce guesswork and help you choose funds confidently, whether you are chasing growth, saving taxes, or planning for the long term.
Closing note
The above-mentioned investment apps excel because they address the actual requirements of mutual fund investors. They offer access to multiple asset classes, affordable SIP options, detailed return tracking, curated collections, and powerful calculators that make wealth planning easier. Clean design, robust research, high security, low fees, video tutorials, FAQ sections, and 24/7 help increase their value even more.
Though every app has its strengths, they all share one common goal, i.e., to make mutual fund investing simpler, smarter, and more transparent. Your final decision should reflect what you value most, whether it is intuitive dashboards, broad AMC coverage, educational support, flexible SIP features, or strong research.