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Online investing of mutual funds

Discuss Online investing of mutual funds at the Mutual Funds Discussion Forum within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi, I have an account wiht Sharekhan. I recently invested 1500 in Reliance MF. I ...


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  #81  
Old 11th September 2007, 09:02 AM
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Default Buying MF @ ShareKhan

Hi,

I have an account wiht Sharekhan.
I recently invested 1500 in Reliance MF.
I plan to do this every month.

What i need to know is how much ShareKhan would be chargin me for each of this transactions.

Would it be a good Idea to invest monthly or invest lumpsum.

Basically, My concern is how much am i paying to ShareKhan against each trade that i make.

Any suggestions would help.
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  #82  
Old 11th September 2007, 09:59 AM
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Default How to buy Mutual Funds

Iam in the forum for sometime now and it's good .

I have to invest in Mutual Funds.

I don't know how to buy the Mutual Funds .Can you please advice
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  #83  
Old 11th September 2007, 11:26 AM
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Default Re: Buying MF @ ShareKhan

Basically The Charge Is 2.5% .it Depend Upon Your Mutual Fund Scheme.
Investing In Monthly Basic Is Recommended By All.
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  #84  
Old 11th September 2007, 11:29 AM
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Default Re: How to buy Mutual Funds

Just See The Financial Concern Like Sharekhan , Motialal Oswalal, Apollo Sindhoori, Kotak Seurities, Icici Direct Etc...
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  #85  
Old 11th September 2007, 11:57 AM
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Default Re: Buying MF @ ShareKhan

Hi, what is the brokrage charges on shareKhan?..Is there any other option?
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  #86  
Old 11th September 2007, 12:21 PM
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Default Re: How to buy Mutual Funds

Thanks bramanayagam,

One more Question does these concerns charge us any fees for buying Mutual Funds.CAn we buy Mutual Funds Online
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  #87  
Old 11th September 2007, 12:57 PM
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Default Re: How to buy Mutual Funds

1. mutual fund companies charge entry load at 2.5% on your investment. eg, if you invest 100 rs they give shares for only 97.50 rs.

no charge will be charged by this financial concern. because mutual fund companies give some percent to the financial concerns.

2. u can buy mf in online. but the same 2.5% will be charged. because SEBI not implimenated the rules for no entry load if we purchased in online. they are still considering.

so u better go and see the financial concern. choose fund that already performing well like
reliance vision, reliance growth. reliance power diversified fund , jm basic fund , sbi contra fund . because they giving almost 50% in a year.
bye
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  #88  
Old 11th September 2007, 12:59 PM
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Default Re: Buying MF @ ShareKhan

1. mutual fund companies charge entry load at 2.5% on your investment. eg, if you invest 100 rs they give shares for only 97.50 rs.

no charge will be charged by this financial concern. because mutual fund companies give some percent to the financial concerns.

2. u can buy mf in online. but the same 2.5% will be charged. because SEBI not implimenated the rules for no entry load if we purchased in online. they are still considering


bye
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  #89  
Old 11th September 2007, 01:27 PM
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Default Re: How to buy Mutual Funds

One more question i want to invest in ELSS funds to save tax which fund do you think is best .
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  #90  
Old 11th September 2007, 02:11 PM
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Default Re: Buying MF @ ShareKhan

Thanks All,

You have been quite helpful.

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