6 Replies to “How to buy Mutual Fund (In India)?”

  1. You do not need a demat a/c . Walk into any Mutual Fund Office with your original Pan Card , original address proof like passport , driving license , bank pass book. and xerox copies of all of them. First get your KYC done. Fill up the application form and submit. Opt for email statement.

    You can also go to CAMS ( registrar for SBI, HDFC, SUNDARAM , DSPBR , Fidelity etc) and get it done.

    For tax saving , go for FIDELITY TAX ADVANTAGE FUND or SUNDARAM TAX SAVER . Their performance is better.

    Visit http://www.valueresearchonline.com to understand mutual funds.

  2. Hi,
    There are many option like :-

    Apply Online
    Call on-Help line number Executive visit on the given address
    Go to bank
    Go to broker office
    Go to Coprate office


  3. 1
    Understand open-end mutual funds from India. These funds offer liquidity and the opportunity to purchase and sell shares at prices related to their net asset values (NAVs). They do not have a fixed maturity date.
    Know that closed-ended options do have fixed maturities, ranging from 2 to 15 years. When these funds are initially introduced, you can invest in them directly. After the initial issue period, you can purchase them on the stock market.
    Recognize that interval options combine features of open and closed-end funds. Shares of these funds from India may be traded on the stock market or bought and sold at set intervals.

  4. A mutual fund is nothing but a collection of stocks and/or bonds. You as an NRI – Non Resident Indian can think of a mutual fund as a company that brings together a group of people and invests their money in stocks, bonds, and other securities. Each investor owns shares, which represent a portion of the holdings of the fund.

  5. Demat Account is not necessary to buy any Mutual Fund, You can buy mutual funds when mutual fund companies make initial public offerings. Or you can Directly download application form from any AMC’s website , fill all required details in form, and attached required Documents and send it to the AMC’s address.

Leave a Reply

Your email address will not be published. Required fields are marked *

eighteen − 13 =