Large Language Models (LLMs) show strong reasoning and text generation capabilities, prompting their use in scientific literature analysis, including novelty assessment. While evaluating novelty of scientific papers is crucial for peer review, it requires extensive knowledge of related work, something not all reviewers have. While recent work on LLM-assisted scientific literature analysis supports literature comparison, existing approaches offer limited transparency and lack mechanisms for result traceability via an information retrieval module. To address this gap, we introduce $\textbf{GraphMind}$, an easy-to-use interactive web tool designed to assist users in evaluating the novelty of scientific papers or drafted ideas. Specially, $\textbf{GraphMind}$ enables users to capture the main structure of a scientific paper, explore related ideas through various perspectives, and assess novelty via providing verifiable contextual insights. $\textbf{GraphMind}$ enables users to annotate key elements of a paper, explore related papers through various relationships, and assess novelty with contextual insight. This tool integrates external APIs such as arXiv and Semantic Scholar with LLMs to support annotation, extraction, retrieval and classification of papers. This combination provides users with a rich, structured view of a scientific idea's core contributions and its connections to existing work. $\textbf{GraphMind}$ is available at https://oyarsa.github.io/graphmind and a demonstration video at https://youtu.be/wKbjQpSvwJg. The source code is available at https://github.com/oyarsa/graphmind.