A mutual fund means a fund established in the form of a trust to raise monies through the sale of units to the public or a section of the pubic under one or more schemes for investing in securities,The Different Ways of Investing in a Mutual Fund Online Articles money market instruments, gold or gold related instruments, real estate assets and such other assets
In the past, the way for the mutual fund investor to make investments was through AMC agents or distributors.
Thanks to internet banking, the mutual fund online investor can start investing in mutual funds online any time of the day.
Even on the internet, there are multiple ways for investing in mutual funds online.
The simplest way to start investing in mutual funds online is through the website of AMC (Asset Management Company) or fund house. Most of the fund houses in India operate an online portal. The mutual fund investor can now make any mutual fund investment online. It KYC is mandatory for the investors to invest in mutual fund online.
Nowadays, most of the AMC’s have mobile apps from where the mutual fund online investor can invest in a fund of her/his choice in no time. In case of an Android or iOS device, download the AMC app, complete the KYC if not done already and start making mutual fund investments online.
The mobile app is also highly convenient. One can invest a lump sum amount https://rozwojfinansowy.com/ or start a SIP. By investing through the official website or mobile app of the AMC,
Another well-known way to invest online in mutual funds is through your DEMAT account. You need to contact a stockbroker to open a demat and trading account. Most brokers allow you to open a demat account online.
The mutual fund online investor can easily buy and sell units of any mutual fund schemes. However, do remember that brokers charge a DEMAT Charges .
Third Party Web Portals
There are also third party web portals that allow the investor to make mutual fund investments online. These portals are normally registered with the AMCs as distributors. They earn a commission when you invest through them. Some of them also have mobile apps that allow you to invest in mutual funds online.
In the present day, many of the banks too are registered as distributors of several AMCs. You can visit the official website or your bank and start investing in mutual funds online. Just like third party portals, the banks too earn a commission when one invests through them. Stock exchanges