Online investing of mutual funds

[mitg]

i.e, the bank account i got along with the demat..???

 

[mrindia]

i.e, the bank account i got along with the demat..???

Hello!
I could not relate D-Mat with MF purchase! Normally any saving account can be attached for SIP (ECS-Mandate).
Mr India

 

[mitg]

but it doesnt ask for bank details when we apply for SIP..

Also i want to know, if i buy a fund today for 5k, can i convert it to SIP next month with 1k/month?

 

[justsayraj]

but it doesnt ask for bank details when we apply for SIP..

Also i want to know, if i buy a fund today for 5k, can i convert it to SIP next month with 1k/month?

You cannot convert already invested funds to SIP, but you can go for new subscription for SIP.

 

[g_senthil_mm]

Hi Experts,

If i invest a lumpsum in a debt fund and initiate a STP to an equity fund online using sharekhan/icicidirect, do i need to pay any entry load?.

Regards,
Senthil

 

[justsayraj]

Hi Experts,

If i invest a lumpsum in a debt fund and initiate a STP to an equity fund online using sharekhan/icicidirect, do i need to pay any entry load?.

Regards,
Senthil

That depends on the equity fund you are investing into as they have different loads for STP. You may want to check the equity funds entry load conditions for STP.

 

[mitg]

Guys,

I have invested 5k in principal presonal tax saver fund. where can i get the online statement.?
i checked CAMSONLINE, but there is no Principal AM in the AMC list

 

[mrindia]

Guys,

I have invested 5k in principal presonal tax saver fund. where can i get the online statement.?
i checked CAMSONLINE, but there is no Principal AM in the AMC list

Hello!
To get online statement, you have to register with the AMC & obtain IPIN first. Other nice option is to request them via email quoting your folio no. You will get acc statement as attachment if your id is with CAMS.
Mr India

 

[Knil]

I have following querries:
1. Which are 5 top most mutual funds for investment at present.
2. If I invest in lumpsum, say Rs.50,000/- in each of those funds, whether I can withdraw part funds thereafter. If so, whether I buy at NAV as on the date of buying and sale at NAV as on the date of sale.
3. Whether MFs are available for trading purpose.
4. What is Open ended and Close ended fund.
5. Whether I get details, at regular intervals, of my investment in MFs i.e. which are the equities bought by the Fund Manager of my invested amount.
Please clarify.

 

[games_icon]

Anybody is dealing mutual funds through CITI BANK? I am curious about their charges... Please help.