Online investing of mutual funds

[shri_sb]

Hello friends
I have a SB account with HDFC. shud i go for sharekhan portal or ICICIdirect for online investing in Mutual funds?
And where can i get the list of MF's for which service is provided by ICICI direct or Sharekhan ?


Thanks

[dinakaran]

Dear all,

if i purchase mutual funds through my bank account (kotak mahindra) i will get entry load. kindly suggest me.

Thanks

[VasanSuccess]

Yes, You will get entry load if you buy through bank account. Only direct submittion of Hard copy of application form will excempt you from entry load.

However, there is some convinience buying through bank account as you can sell it from your computer.

[rckaushal]

Could you kindly elaborate what is "direct submission of hard copy of application". Please advise. Thanx

[VasanSuccess]

Get the Application from AMC, put the Source as DIRECT and submit it in AMC office along with cheque.
More info you can refer the same section where a lot has been discussed about this topic.

[gargashish]

how do i invest through hdfc online mutual fund ?what is the processand advantages and disadvantages? can somebody explain me.

[rocksolid]

There are many sites where you can register and buy mutual funds online from almost all fund houses.

www.timeofmoney.com
www.nayaissue.com
www.bonanza.com
www.reliancemoney.com

[rsingla]

I have Online saving Bank a/c in State Bank of Patiala. Can I purchase online Mutual Funds through this a/c??

[life2007]

Guys !!

Try to invest in directly through CAMS or Karvy by mentioning Direct in the Agent's Code column

It is not as difficult to fill the form at all. Almost all of them need to require the same details. The first form will take you around 15- 20 minutes to fill because at each step , you will need to read the instructions carefully. After that, keep a Xeox copy of the form filled and then it is going to be a cake walk.. Would not take more than 5 minutes afterwards.

So think which is better ..

By spending 5 minutes :

1) You save 2.5% Entry Load
2) You begin to know more about MFs and so you are not other's mercy to
decide your hard earned money. The market is full of selfish agents who
will mislead and even if you have decided on something firm, they will
pollute and confuse your brain to dance along their way for their gains.


And what is more you have a wonderful forum here for your doubts. I never knew ABC of MFs.. but today I am in a position to give general (not expert) advice. Remember NO GAIN without PAIN.

Thanks

Jeet

[mrindia]

Originally Posted by rsingla

I have Online saving Bank a/c in State Bank of Patiala. Can I purchase online Mutual Funds through this a/c??

Hello!
Every fund house has tie up with different banks for mf purchase throu' respective netbanking. You can get information whether ur fund house has tied up with SBOP for the same!
mr india