Online investing of mutual funds

[Beginning]

Re: How To Buy Mutual Funds Online

plz tell me how to buy and when will i get the hard copies of the mutual fund?

I'm a novice in financial investment.I was going through the offer document of the SBI Infra NFO and had a few questions.

It seems after applying online for the fund do we still have to fill in the application form and mail it to the AMC. Is there any deadline for the receipt of the same?

What happens if the last date of the NFO is 8/6/07 and I apply online before that but the application form is received on 15/6/07?

Thanks.

 

[junaid18183]

Re: Online Investment of MF through ICICI Direct

What about the nomination if we purchase through the online portal ? I come to know that currently ICICI don't have this option.

 

[muralimr]

Not reveived MF stmt from ICICI Direct

Always I had faced problem in receiving Mutual Fund Statments from ICICI Direct (for online investment). For last financial year I am yet to receive statement after 3 reminders.

Any alternative to submit income tax returns?

 

[johnbest]

Re: Not reveived MF stmt from ICICI Direct

dear

mail them with folio number....and ask them for the copy of it ....
I am receiving this way in a single mail.....next time do it thru a
MF advisor.....

have a nice day
JB

 

[rakeshkombra]

Re: Not reveived MF stmt from ICICI Direct

This is the reason I stayed away from ICICI Direct. I was adviced through several forums like this to keep away from ICICI DIrect

 

[muralimr]

Re: Not reveived MF stmt from ICICI Direct

dear

mail them with folio number....and ask them for the copy of it ....
I am receiving this way in a single mail.....next time do it thru a
MF advisor.....

have a nice day
JB

Dear John,

Whom to Mail with folio #? Is it ICICI Direct ? or Registrar of the MF?
Could you let me know in detail on what to do ?

Thanks for your suggestion.

 

[nmksingh]

About HDFC Netbanking Mutual fund account

Hi everybody,

One month back I invested some amount in HDFC TAX SAVER thru HDFC netbanking. Units deposited in my account next day. But I did'nt get any folio no. from HDFC AMC.
I want to invest some more money in this MF. Will it give any problems in reedemption since i don't know folio no.

Please advice.

Thanks,
Manoj.

 

[lvgandhi]

Re: About HDFC Netbanking Mutual fund account

Why do you need a folio number? It is not required if you use HDFC Netbanking for further investment. It only asks your mutual fund account number of HDFC Bank.

 

[thakur]

mutual fund investment through Sharkhan

Hi Everyone ,
i am very new to trading.recently i have opened a demat account with Share Khan Ltd.
Now i am planning to buy mutual funds.i have some queries, and looking some suggestions from any experience member.
i have decided to go with two mutual funds which gives Tax Benifit also. One i have decided , is SBI Magnum Tax Gain and another yet to finalize(any suggestions for that ).
i have planned to go with SIP plan(as m new to tis field i hope this is gud option) with 2000 each. Can it happen any time , that i want to discontinue paying , or increase or decrease the amount monthly?
l Is it better to purchase mutual funds online or through some agent.Though i have share khan account , i m not feeling comfortable trading first time.is it safe and secure and what is the investment proof i ll get to show to my finance department.

please guide.

Thanks
thakur

 

[anshu_2005]

Re: mutual fund investment through Sharkhan

Hello Mr Thakur,

I have invested in SBI, Reliance and Fidelitys tax saving funds.

http://www.fidelity.co.in/our_products/fidelity_tax_advantage_fund/index.html

http://www.fidelity.co.in/our_products/fidelity_tax_advantage_fund/fund_facts.html

If I compare the above funds with respect to returns for my investment, I conclude that the Fidelity Tax Advantage Fund is a better option. You could opt for either dividend or growth option.