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Best Mutual Fund App in India 2026 — Direct Plans & Low Cost

Investing in direct mutual fund plans is the single easiest way to boost your returns by 0.5%–1.5% per year. We compared India's top 5 apps on direct plan support, expense ratio savings, portfolio tracking and overall experience.

Side-by-Side Comparison

#AppDirect PlansExpense SavingPortfolio TrackingFund CountRating
1GrowwYes — all direct plansFull savings (0 commission)Good — clean dashboard2,000+ funds4.3 ★
2KuveraYes — all direct plansFull savings (0 commission)Excellent — goal-linked2,200+ funds4.3 ★
3Zerodha CoinYes — direct plans onlyFull savings (0 commission)Good — demat-integrated1,800+ funds4.2 ★
4ET MoneyYes — direct plansFull savings (0 commission)Best — advanced analytics1,600+ funds4.4 ★
5Paytm MoneyYes — direct plansFull savings (0 commission)Decent — basic dashboard1,500+ funds4.0 ★

App-by-App Review

#1 Groww

4.3 ★

Groww delivers the simplest mutual fund investing experience. Browse and invest in direct plans with zero commission, compare funds visually, and track SIPs effortlessly. The portfolio dashboard gives a clean overview without overwhelming detail.

#2 Kuvera

4.3 ★

Kuvera is the gold standard for direct mutual fund investing. It's completely free, offers the widest fund selection, and its goal-based portfolio tracking is best-in-class. Import funds from anywhere and get a unified view with actionable insights.

#3 Zerodha Coin

4.2 ★

Zerodha Coin is ideal for investors who also trade stocks on Kite. Mutual funds are held in demat form for seamless integration with your equity portfolio. Coin supports direct plans with zero commission and offers essential portfolio analytics.

#4 ET Money

4.4 ★

ET Money shines in portfolio intelligence — XIRR tracking, tax-loss harvesting suggestions, insurance analysis, and detailed fund comparison tools. The app has a slightly steeper learning curve but rewards users with the deepest analytics in the category.

#5 Paytm Money

4.0 ★

Paytm Money works well if you're already in the Paytm ecosystem. Direct plan investing is commission-free and the SIP experience is smooth. Portfolio tracking is basic compared to Kuvera or ET Money, and the app can feel cluttered with Paytm's other products.

Our Pick

Easiest to Use

Groww

Simplest interface for buying direct mutual funds with zero commission.

Best for Goal-Based Investing

Kuvera

Free, widest fund selection, and the best goal-linked portfolio tracking.

Deepest Analytics

ET Money

Best-in-class XIRR tracking, tax-loss harvesting, and portfolio intelligence.

Frequently Asked Questions

What is the best mutual fund app for direct plans in India?
Groww and Kuvera are the best apps for investing in direct mutual fund plans. Both offer zero-commission direct plans, a wide fund selection, and an intuitive interface. Kuvera edges ahead for goal-based investing, while Groww is simpler for beginners.
How much can I save with direct mutual fund plans?
Direct plans save you the distributor commission (typically 0.5%–1.5% per year). Over 20 years, this can result in 15%–25% more corpus due to compounding. For example, a ₹10,000/month SIP at 12% returns yields ~₹12.3L more with direct plans over 20 years.
Is Kuvera really free? What's the catch?
Kuvera is genuinely free for mutual fund investing — no commissions, no subscription fees. They earn revenue from enterprise products and financial planning services, not from retail investors. All direct plan investments are truly zero-cost.
Can I track my entire mutual fund portfolio in one app?
Yes. Apps like Groww, Kuvera and ET Money offer portfolio consolidation — you can import funds from any platform using CAS (Consolidated Account Statement) and track everything in one place, even if you invested through different apps.
What is expense ratio and why does it matter?
Expense ratio is the annual fee charged by a mutual fund to manage your money, expressed as a percentage of your investment. A lower expense ratio means more of your returns stay with you. Direct plans have lower expense ratios than regular plans because they cut out the distributor commission.
Which mutual fund app has the best portfolio tracking?
ET Money is widely regarded as having the best portfolio tracking with detailed analytics, tax-loss harvesting suggestions, and comprehensive performance reports. Kuvera and Groww also offer strong portfolio tracking but with a simpler presentation.