India, July 27 -- Investing in mutual funds has become more convenient with the rise of digital platforms. An MF app today enables an investor to open an account, select a fund, track their investment portfolio, etc., with a smartphone. With so many apps out there, however, picking the ideal one may be difficult. An ideal mutual fund should simplify the investment process, offer useful insights and help users manage their mutual fund portfolios more efficiently .

An MF app is a type of mobile application that allows users to invest and manage mutual funds online. Investors can avoid paperwork and financial institutions to browse schemes, compare funds, start SIPs, make lump sum investments and track portfolio from a single platform.

The...