I am new to Mutual Funds, want a bit of clarification.
I have decided to do a SIP of a fixed account in HDFC Top 200 (say)
I have a salary account in hdfc bank and demat acc with sharekhan.
1. is it possible to direct debit from my HDFC bank acc into SIP acc?
2. If above thing is possible, is it better to do that way or to transfer my funds to sharekhan and than SIP?
What are charges associated with both?
Kindly clarify.
Thanks.
I have decided to do a SIP of a fixed account in HDFC Top 200 (say)
I have a salary account in hdfc bank and demat acc with sharekhan.
1. is it possible to direct debit from my HDFC bank acc into SIP acc?
2. If above thing is possible, is it better to do that way or to transfer my funds to sharekhan and than SIP?
What are charges associated with both?
Kindly clarify.
Thanks.