Online investing of mutual funds

[nikhil_madaan]

Originally Posted by prosenjit

U need to ask for an "investment service agreement form" fill it up and submit it to your nearast branch, you will be received investment service account number, you need to provide this account number while purchaseing or redeem MF throuth HDFC net banking, funds will be credited or debited from you savinsgs account,(customer id ), but remember you will not able to buy or sell all the MF availble in the market. in kolkata the form is available, if not available in your city, talk to branch manager

thankz....dude....tomorrow shall definately..talk to te branch manager about this form..........if sumthing fishy again....shall definately......ask you....

[ucalegon]

Originally Posted by nikhil_madaan

thankz....dude....tomorrow shall definately..talk to te branch manager about this form..........if sumthing fishy again....shall definately......ask you....

Here's the link to show the manager if you like:
http://www.hdfcbank.com/personal/investments/mutual_funds_buysell.htm


and also read the FAQS:
http://www.hdfcbank.com/personal/inv...ysell_faqs.htm

[ramid]

hello everyone,
i was looking for info on mutual funds ,when i came across this forum and i found it active and very helpful to beginners in mfs. this is my first post and i request you to clarify my doubts please,

1. is a demat account neccesary for investing in mutual funds?

2.can investments by sip done at anytime or only during the nfo period?

wish you all a happy and a prosperous newyear

[nitinku5021a]

Hi ramid,

Your answers are as follows:

1)No, Demat account is not necessary for investing in MF. But its a easy and hassle free tool.

2)Investment through SIP can be done at anytime.

Regards
nitin

[swagat86]

Originally Posted by ramid

hello everyone,
i was looking for info on mutual funds ,when i came across this forum and i found it active and very helpful to beginners in mfs. this is my first post and i request you to clarify my doubts please,

1. is a demat account neccesary for investing in mutual funds?

2.can investments by sip done at anytime or only during the nfo period?

wish you all a happy and a prosperous newyear

Welcome to the forum my frnd. No u dont need a Demat a/c for MF investments. Ul get a statement in which ur Dr and Cr of units will be mentioned. Investemnt in SIp can b done any time in the yr while using SIP provided the entry is open at that time.


Best Wishes
Swagat

[kc_624]

I have demat account in sharekhan but it wont support buying mutualfunds online(so i cant take advantage of market falls to buy mutual funds).....but i want to take advantage of market falls......

so i want to know the best way to buy mutual funds online........(i.e which online portal to use?).

plz tell me how to buy and when will i get the hard copies of the mutual fund?

[kc_624]

somebody........plz give reply..
thank u in advance....

[Ankit Jain]

I generally buys it from icicidirect.com...for tht u need to open a demat account with them...

[wcnw]

if you have a savings account with HDFC with the netbanking service, you can purchase mutual funds. To activate purchasing mutual funds using netbanking you have to visit their branch and fill up a form
Note: HDFC offers less number of mutual funds compared to ICICIDIReCT

[g10singh]

Just for your information - now HDFC provides about 7 AMCs for the online Mutual fund trading within the netbanking account. It keeps on increasing - I hope it will cover almost all the AMCs in the near future.

Pros : Fast and quick, NFO for selected AMCs
Cons : No SIP/SWP