The 6 Best Mutual Fund Portfolio Review Tools in India (2026, Honestly Ranked)

Short answer: use Corpus if you want the deepest free analysis of what to actually do next (tax lots, commission leaks, overlap), INDmoney if you want to track everything you own in one app, and PowerUp Money if you want the cleanest paid experience. Below is the full ranking, including where each tool, ours included, falls short.

A disclosure before anything else: we build Corpus, one of the six tools on this list. So treat our #1 the way you'd treat any vendor's self-ranking: with suspicion. Read the weaknesses section under each tool. We've tried to be as hard on ourselves as on everyone else, and we've given every competitor a category it wins.

Second, a distinction that this entire category blurs: tracking is not reviewing. Tracking answers "what do I own and what is it worth?" Reviewing answers "what should I do about it?": which funds overlap, where commissions are leaking, which tax lots to harvest before March 31, what an exit load costs you if you switch today. Four of the six apps below are primarily trackers or investing platforms with review features attached. Keep that lens on as you read.

How the Six Compare

Notice the last row. It's the most important one on this page. A tool that earns from distribution has a structural reason to nudge you toward products; a tool that earns from subscriptions or fees has a structural reason to keep you happy. Neither model is evil. But you should know which one you're inside.

1. Corpus: Best for Decision Depth & Tax Intelligence

Price: Free. Best for: anyone with an existing MF portfolio who wants to know what to fix, in rupees.

Corpus (that's us) does one thing the rest of this list doesn't: it treats your portfolio as a set of transactions, not holdings. Upload your CAMS or KFintech consolidated statement and it rebuilds every purchase as a FIFO tax lot. That makes possible the analysis that changes decisions:

• LTCG harvesting: which units have crossed 12 months and how much of your ₹1.25 lakh annual exemption you're leaving unclaimed. For a typical ₹30 lakh equity portfolio, unharvested LTCG exemption costs roughly ₹15,000 in avoidable future tax every year.
• Regular-plan commission detection: flags every regular plan and quantifies the trail commission leaking to a distributor, often 0.8–1.2% per year that a switch to direct plans recovers.
• Exit load and STCG warnings: before you switch, it tells you which lots trigger loads or short-term tax, so a "cleanup" doesn't cost more than it saves.
• Fund overlap and true XIRR: how much your five "diversified" funds hold in common, and whether your real money-weighted return beat a plain index fund.
• AI chat on your own data: ask "should I exit this fund before March?" and get an answer grounded in your lots, not a generic article.

It also runs its own ratings on 955+ funds, refreshed daily, and takes commissions from no one. No AMC pays to be rated. No distributor pays for placement.

Where Corpus is weak: it's a new product, and it shows. Our SEBI RIA registration is still in progress, so until it's granted everything Corpus tells you is educational analysis, not personalised investment advice. There's no execution: it will show you the leak but you fix it on your own platform. No US stocks, no FDs, no insurance tracking. If you want one app for everything, this isn't it; Corpus is a diagnostic instrument, not a super-app.

2. PowerUp Money: Best User Experience

Price: free tier + Elite at ₹999/yr + GST (early pricing; stated base price is ₹1,999/yr + GST). Best for: people who want a polished, guided paid experience.

Credit where due: PowerUp has the best-designed MF app in India right now. The fund categorisation UX is excellent. Portfolios get sliced into clean, understandable buckets, and the Power Rank scoring plus rebalancing suggestions give you a clear "here's what's weak, here's what to do" flow that most apps never achieve. The market agrees: 1M+ installs and a 4.7★ Play Store rating.

Where it's weak: that 4.7★ is strongly bimodal: roughly 82% five-star and 10% one-star, a "love it or hit a wall" distribution, not a uniform 4.7. One of the top-upvoted complaints is that users can't delete their accounts, which is a bad look for a financial app holding your data. There's no AI assistant, no transaction-level tax-lot analysis (no LTCG harvesting, no exit-load math), and PowerUp is not a SEBI-registered investment adviser — worth knowing when the Elite tier is positioned as "advisory." At ₹999/yr it's fairly priced against a human advisor, but try the free tools on this list first and pay only if the UX is worth it to you.

3. INDmoney: Best for Tracking Everything

Price: free. Best for: the one-app-for-my-whole-net-worth person.

Nothing else on this list matches INDmoney's breadth. Indian stocks, US stocks (9,000+ including fractional shares from $1), mutual funds, FDs, NPS, insurance, credit cards, loans. It pulls your entire financial life into a single net-worth view, free. If your problem is "I have money in eleven places and no idea what the total looks like," INDmoney solves it better than anyone, and it wins the breadth category on this list outright.

Where it's weak: it's tracking-first, and the analysis layer is surface-level compared to dedicated review tools. You'll see holdings and returns, not FIFO tax lots, harvesting windows, or a rupee figure on regular-plan commission leakage. And because it's free, it monetises through distribution and cross-sell: US stock accounts, FDs, insurance, loans. The product nudges are constant and they exist because the nudges are the business model. Great dashboard; just don't mistake the dashboard for a diagnosis.

4. Kuvera: Best Free Direct-Plan Investing Platform

Price: free for core investing. Best for: DIY investors who want to buy direct plans with zero commission.

Kuvera is the veteran of commission-free direct-plan investing in India. It was making the direct-vs-regular argument years before it was fashionable, and it remains one of the cleanest ways to hold and transact direct mutual funds for free. Goal-based planning, family accounts, statement import, and tax-harvesting alerts are all solid. It was acquired by CRED in February 2024 and continues to run as a standalone app under its own brand.

Where it's weak: analysis depth. Kuvera tells you what you hold and helps you transact well, but the review layer (overlap analysis, commission quantification, lot-level tax planning) is thin next to dedicated tools. Post-acquisition, its long-term product direction depends on CRED's priorities rather than its own roadmap, which is worth factoring in if you're choosing a decade-long home for your investments.

5. Value Research Online: Best Research Heritage

Price: free content + premium at roughly ₹4,900/yr. Best for: people who want to understand funds deeply before buying.

Before any app on this list existed, Value Research was the reference for Indian mutual funds: three decades of star ratings, analyst commentary, and fund data that the entire industry (including some of the apps above) quietly leans on. If your question is "is this a good fund?", nobody has more accumulated credibility, and the premium tier adds curated portfolios and advisory. It wins the research category on this list without contest.

Where it's weak: it researches funds, not your portfolio. It will tell you everything about HDFC Flexi Cap except what your specific lots in it owe in tax, what your exit load is, or how much your distributor earned from you last year. The transaction-level layer simply isn't the product. And the UX feels like the research library it is: dense, dated, built for reading rather than acting. Encyclopedia, not surgeon.

6. ET Money: Best All-Round Investing App

Price: free + Genius subscription tier. Best for: one app to invest in MFs, NPS, and insurance together.

ET Money (from the Times group) is the most complete investing app here: direct mutual funds, NPS (where it's one of the smoothest onboarding flows in the country), term and health insurance, FDs, and the Genius subscription that adds model portfolios and fund report cards. If you want to consolidate investing plus insurance into one place with a familiar brand, it's a sensible default, and its NPS experience is the best of the six.

Where it's weak: the same structural issue as INDmoney. It earns from distribution (especially insurance) alongside subscriptions, so the app has a commercial interest in what you buy next. Portfolio analysis is holdings-level: report cards and health scores, not FIFO lots, harvesting math, or commission forensics. It's an excellent place to do investing; it's a mediocre place to audit it.

So Which Should You Pick?

And they're not mutually exclusive. A perfectly rational 2026 stack is: research a fund on Value Research, buy it direct on Kuvera or ET Money, track your net worth on INDmoney. Then, once or twice a year, run the whole portfolio through Corpus to find the tax lots, overlaps, and commission leaks the other apps have no incentive to show you.