Tuesday, April 16News That Matters

Day: 1 March 2017

[How to] Invest in Mutual funds in India – online / offline options

How to Series, Mutual Funds
Mutual funds are one of the best options for Retail investors to invest their money in different asset classes. It gives benefit of professional management of your money, offers liquidity, allow diversification and tax benefits. A.   Quick overview of process to Invest in Mutual funds 1) Submit KYC Form – KYC is must for the first time investors and need to be done ONLY ONCE and valid for all Mutual fund houses. You need to submit KYC form along with the Proof of ID & Address. You can submit it to your nearest distributor, MF branches, authorised banks, CAMS / Karvy offices etc You can download the KYC application form here.   Read - New Central KYC process must for new Mutual Fund Investors (Feb 2017).     2) Select a Mutual Fund & Scheme – Depending on your ti...