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The article widely reviewed the variation of the heat transfer characteristics and fluid flow of various nanofluids based on physical and chemical parameters like velocity, geometry, viscosity, friction factor, and pressure drop. It also shed light on the stability of these nanofluids in various conditions. The article mainly focuses on the effects on Reynolds number and Nusselt number, thermal changes in the environment and the cooling solution used for nanofluids, and the dependency of concentration of nanoparticles in the working fluid. Apart from this, it also discusses the geometry in which the fluid is kept and the motion or forces it experiences and simulations to observe and analyse the flow of fluid and heat through these nanofluids. Also, this article presents the improvement in the pool boiling heat transfer rates through nanofluids with twisted tapes and corrugated patterns such as corrugated double-tube exchangers. This article concluded with the results obtained from experimental analysis and numerical methods. According to the study, as nanofluids get bigger, their velocity increases. When particle size is increased from 10 nm to 100 nm, the alumina-water nanofluid’s velocity rises by 22.22%. For Al2O3/water nanofluid with a particle size of 10 nm, the rate of expansion in wall shear stress when concentration is raised from 0% to 5% is 75%. The geometry of the tubes affects the properties of heat transport. When a triangular tube having a twisted tape is utilized in the system, the Nusselt number is enhanced by 34.7% and 52.5% in turbulent and laminar flow respectively.