Question: How can I invest directly into mutual funds?

How can I invest in mutual funds without a broker?

You could invest in a Direct Plan online through the websites of the respective mutual funds or via online platforms of stock exchanges platform or Mutual Funds Utility (MFU) or other various digital channel. There are also a few online portals which offer a facility to invest in Direct Plans.

Is it better to buy mutual funds directly?

Experts feel that in most scenarios, it is always better to deploy investments in mutual funds directly rather than go through any agent/broker. Each time that you make an investment in any equity mutual fund, you have to pay an entry fee/load of anywhere between 2-2.5% of the amount invested.

Can I invest in mutual funds through bank?

Through your bank: Banks are also intermediaries who distribute fund schemes of different AMCs. You can invest directly at your bank branch into fund schemes that you wish to invest in. Through Demat and Online Trading Account: If you have a demat account, you can buy and sell mutual funds schemes through this account.

Which site is best for mutual fund investment?

Top Mutual Fund Investment Websites in India

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Rank Mutul Fund Sites
1 Economic Times
2 Value Research Online
3 Moneycontrol
4 Invest Guru

How do beginners invest in mutual funds?

How to invest in money market mutual funds in India?

  1. Log on to cleartax invest.
  2. You must opt for the mutual fund house from the list of fund houses.
  3. Select the money market mutual fund from the category of debt funds based on your investment objectives and risk tolerance and click on Invest now.

Will mutual funds make you rich?

While it’s definitely possible to grow wealth in a mutual fund, it’s also possible to lose money. Stock mutual funds, in particular, are closely tied to the performance of the stock market.

Which bank is safe for mutual fund?

Short Term Mutual Funds with up to 8-10% returns

Fund Name Return % (1 year)
HDFC Corporate Bond Fund 7.09
Aditya Birla Sun Life Corporate Bond Fund 7.55
ICICI Prudential Banking and PSU Debt Fund – Growth 6.16
ICICI Prudential Short Term – Growth Option 6.37

Which bank is best for mutual funds?

2. Top Sectoral Banking Mutual Funds

Fund 3-Year Returns
SBI Banking & Financial Services Regular Growth 9.34%
Aditya Birla Sun Life Banking & Financial Services Regular Growth 0.71%
ICICI Prudential Banking and Financial Services Fund Growth -0.67%
Edelweiss Banking and PSU Debt Fund Regular Growth 10.36%

Which mutual funds give highest return?

Here is the list of top 10 schemes:

  • Parag Parikh Long Term Equity Fund.
  • Kotak Standard Multicap Fund.
  • Axis Midcap Fund.
  • DSP Midcap Fund.
  • Axis Small Cap Fund.
  • SBI Small Cap Fund.
  • SBI Equity Hybrid Fund.
  • Mirae Asset Hybrid Equity Fund.
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