How to invest in Mutual Funds?

[ramana_forums]

Hi
I am living in USA.
I would like invest some money into Mutual funds in india.
But i don't know what is the starting point.
I have ICICI bank Savings a/c in india.
Do i have Demat account for invest in Mutual Funds?
So How to invest in MF from the U.S.A?

please can any one guide me..


Thanks in advance..

 

[S S]

Hi!

Check the website "valueresearchonline dom com" which gives information of any and every mutual fund in India. You also have choice forcomparing different funds of different fund houses. You get NAVs of funds, details of fund manager, scrips in a fund, what is in-what is out details, etc etc.

Once you decide on the fund and fund house details, you need to put a paper application ... this sick part still continues. For Indian citizens, PAN card details are also required. But this all could be found on the application forms also available in pdf format.

Do your own study, decide yourself and go ahead.

One little advise.

Do NOT choose a single fund house for various funds. Keep them scattered. Also, choose different type of funds, that is, funds that cover different sectors. Avoid putting all the eggs in a single basket.

Cheers and Good Luck!