Buying mutual fund from their origional AMCs- need help

#1
hi friends

Please let me know followings:
1).Is kyc mandatory before buying mutual funds.Can it be done online or have to go to complete to centers physically.
2).Can i directly buy from mutual fund websites like tatamutualfunds.com or birla websites and if its possible how is their web interface to handle mutual from the online account. Will it be possible to buy and sell MFs online then.
3)is there difference in service charges of their websites or banks like ICICI(if done from bank account online).
4).Is DMAT account required to purchase MFs online from their origional AMC websites eg. Tata or Birla etc.

Thanks & regards.
Amit.
 

rvm123

Active Member
#2
1. Yes. KYC is compulsory. It cannot be done online.
2. Yes. we can buy directly from some of the websites online. But not all.
3. There are no service charges on MF's. You can buy at the NAV prevailing on the date and time of the transaction.
4. No. Demat is not compulsory.
 

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