From ordering groceries to buying gold, almost everything today happens through a few taps on a mobile app. Investing has also become just as simple. With a mutual fund app, you can start a SIP, track your portfolio or redeem units directly from your smartphone without any physical paperwork or branch visits.
In short, these apps make mutual fund investment and management super easy and convenient. But how do you navigate mutual fund mobile apps as a beginner? How do you get started? We have answered all your questions with this guide on mutual fund investment apps, outlined everything from their chief features and benefits to how to get started in detail.
Table of Content
What Is a Mutual Fund App?
A mutual fund app is a mobile application that lets you invest, track and manage mutual funds directly from your phone. It removes paperwork, makes transactions seamless and helps you stay in control of your investments anytime.
These apps may allow you to do all or few of the following actions:
Invest in different mutual fund schemes
Start or manage SIPs easily
Track your portfolio in real time
Use calculators and planning tools
Compare schemes before investing
Redeem or switch investments quickly
Access learning resources to make informed decisions
View reports, statements and transaction history
Understanding the Key Features of Mutual Fund Apps
Mutual fund mobile apps typically come with the following common features that make investing simple for both beginners and experienced investors:
Simple and user-friendly interface: Most mutual fund investment apps feature a simple and clean interface. The goal of these apps is to make navigation easier so that investors can easily explore schemes, read details, and set up SIPs.
Access to a variety of fund categories: Most mutual fund mobile apps offer investors access to the wide variety of MF scheme categories. From equity, and debt to hybrid and tax-saving ELSS fund options, these apps give you the flexibility to build a portfolio that matches your goals and risk comfort.
Portfolio tracking tools: Mutual funds apps also come with dashboards that show portfolio value and help you monitor investments in real time.
SIP planning tools: Mutual funds mobile apps come with built-in calculator tools for both SIP and lump-sum investments. You simply need to select your preferred investment mode (SIP/lump-sum), enter your investment amount, and time horizon to estimate your investment value and plan accordingly.
Educational resources: Many mutual fund apps include simple articles, videos and guides explaining mutual fund concepts, enabling new investors to build knowledge and make confident decisions while using the app.
Steps to Use Mutual Fund Investment Apps
Starting your investment journey through a mutual fund investment app is straightforward. Here’s a simple process:
1. Download the Mutual Fund Mobile App
The first step is the mutual fund app download. Choose a mutual fund investment app like the Tata Mutual Fund App and download the app from the Google Play Store or Apple Store. Make sure that the app is:
Offered by a trusted AMC or a SEBI-registered platform
Has a simple and intuitive user interface
Comes with all the features you need to start investing
2. Complete Your Digital KYC
Every mutual funds application requires you to complete KYC before you can start investing. Most apps support quick e-KYC with OTP-based verification. You can complete your digital KYC by submitting the following documents:
PAN card
Aadhaar card (for OTP-based e-KYC)
Bank account details
If you have saved PAN and Aadhaar on DigiLocker, you can complete the e-KYC more seamlessly as most apps allow for instant verification. Post the submission of these documents, you may have to complete a live photo or video verification as well.
3. Set the MPin
It may take up to 5 days for your KYC status to be updated after verification (depending on the mutual fund app in question). Once that’s done you can start investing directly through the mutual fund app. But before that you will be asked to set an MPin or password for the mutual fund investment app. Typically this is a 4 or 6 code that avoids unauthorised access.
4. Explore Mutual Fund Schemes
Once your KYC status is updated, you can start investing. You can open the mutual fund mobile app to browse various categories of funds such as equity, debt, hybrid, tax-saving or index funds. Apart from fund category, most apps also allow filtering by:
Risk level
Investment horizon
Fund house
Goals
5. Choose SIP or Lump-Sum Mode
Decide whether you wish to start a SIP or make a one-time lump-sum contribution. SIPs typically start from Rs. 500 for most funds, while lump-sum investments may start from Rs. 1,000 or Rs. 5,000.
To start an SIP, you have to:
Enter monthly amount
Choose the SIP contribution date
Approve the e-mandate for automatic deductions
To make lump-sum investments, you have to:
Select your preferred scheme and plan
Pay securely through net banking or UPI
The app will confirm your investment instantly.
6. Track and Manage Your Portfolio
A mutual funds application provides dashboards to help you stay updated.
Typically, you can track:
Portfolio value and allocation
SIP status and manage systematic plans
Fund performance trends
Transaction history
Most apps also allow modifying SIPs, pausing them or adding new investments whenever your needs evolve.
Why Should You Consider Using Mutual Fund Apps?
Here’s why using mutual fund mobile apps may be a good idea:
Invest anytime, anywhere: A mutual fund app lets you start investing without paperwork or branch visits, making the entire process quick and convenient from your smartphone.
Low entry barrier: Most platforms allow small SIP amounts, so you can begin investing even with limited savings through a reliable mutual fund SIP investment app.
Real-time transparency: Mutual fund apps display performance charts, risk indicators and portfolio details, helping you make informed decisions with updated information.
Goal-based investing: Most mutual fund apps support goal-based investing where you can link investments to goals like retirement or education and track progress easily through in-app dashboards.
High security: Encryption, OTP verification and biometric login protect your personal and financial data during every transaction.
Helpful tools and calculators: These apps double-up as SIP calculator apps because they come with built-in calculator tools that simplify planning. You can use them to estimate how much to invest for specific goals and plan your investments better.
Easy portfolio management: A mutual fund mobile app helps you monitor holdings, rebalance when needed and stay disciplined with your investment plan.
Exploring the Tata Mutual Fund App: An Example
The Tata Mutual Fund App is designed to make investing simple, organised and accessible for everyone. It brings investing, learning and portfolio tracking onto one unified platform, supported by over 30 years of experience in managing investor portfolios.
Trusted by more than 59 lakh investors and managing over 71 lakh folios, the app offers a user-friendly experience suitable for both first-time investors and existing customers looking to explore mutual fund investments.
Key Features of the Tata Mutual Fund App
Financial Roadmap: Helps investors plan and track financial goals through a structured planning feature.
Portfolio 360°: Offers a consolidated view of mutual fund holdings, stocks and linked bank accounts in one dashboard.
Intelligent Learning: Provides curated insights and educational content to support informed investing.
Smart Cart: Enables users to invest in multiple Tata Mutual Fund schemes—either via SIP or lump sum—in a single flow.
FIRE Calculator: Helps plan retirement using structured inputs and visual projections.
Direct NFO Access: Allows participation in new fund offers directly within the app.
Seamless Onboarding: Uses digital consent and secure linking to simplify sign-up and reduce paperwork.
How to Start Investing Using the Tata Mutual Fund App?
Here’s a simple 3-step process to get started:
Download the Tata Mutual Fund App from the App Store.
Input your PAN to initiate onboarding.
Begin investing, tracking and planning your goals through the app.
Tips to Use Mutual Fund Apps More Effectively
If you’re a beginner, here are a few tips that may help you use your mutual fund mobile app more effectively:
Set clear goals before choosing funds—education, retirement, short-term needs.
Use in-app calculators to estimate SIP amounts and plan contributions.
Follow portfolio insights shared through the app to stay informed.
Avoid frequent switching, as it may disrupt long-term planning.
Enable notifications to track SIP deductions and important updates.
Review risks and scheme documents before investing.
Update KYC or bank details promptly to avoid transaction issues.
Conclusion
A mutual fund app turns your smartphone into a convenient investment platform. It allows you to invest regularly, track your progress and plan your goals—all without visiting a branch. Whether you’re exploring SIPs, making lump-sum investments, or managing your entire portfolio, these apps make sure everything is just a few taps away.
*Mutual Fund Investments are subject to market risks, please read all scheme related documents carefully.
