Mutually coupled switched reluctance motors (MCSRMs) are alternatives in the family of reluctance machines that can overcome switched reluctance motor's (SRM's) system-level integration and control challenges by utilizing standard three-phase voltage source inverters. In this article, a novel segmented-rotor, fractional-slot, tooth-wound MCSRM with notched rotor design is presented, which has very low torque ripple compared to other machine types in the SRM family. The torque ripple is reduced to 3.6% without utilizing any current profiling techniques or torque sharing functions. The ripple minimization is achieved primarily through rotor segment shaping, which has a strong influence on stator flux densities, flux linkages, and torque harmonics. The design strategy, along with the optimization details, is presented for a 120 W, 12 slot-8 pole MCSRM. The designed MCSRM is prototyped for experimental verification and validation of the finite element analysis results and design methodology.