Posted on: 20 Dec, 2023
There are various ways to invest in mutual funds. But the investing process essentially boils down to completing an application form required for collecting necessary information and record-keeping, submitting required documents, and sending your investment amount to the desired mutual fund's bank account.
In the case of close-ended mutual funds, since units are issued only at the time of the initial offer, investors can’t buy units directly from the fund after the initial offer. Instead, investors owning the units can trade them on the stock exchange, where others can buy or sell these units at a premium or discount to the fund’s NAV (unit price).
Information Needed for Investing in Mutual Funds:
Additionally, while an E-Tin Certificate is not mandatory, it is highly recommended, as the inclusion of an E-Tin Certificate will ensure a lower tax rate at source (10% vs. 15%) for any dividends.
In general, one can invest in mutual funds in the following ways:
Click here to see our online investing platform.
Finally, in terms of execution, one can invest in two ways:
To see whether SIP or Lump Sum (one-time investment) is right for you, you may see this post.
To learn more about mutual funds, you may read our guide on mutual fund investing.
Click here to explore our mutual funds.
If you have any questions feel free to reach out to us via phone or email.