Article

Procedure: How to Invest Online in Mutual Fund
March 22 , 2013
  1. This step is the most crucial one. Spend time teaching yourself on how to choose a fund suited to your investment need and don't simply go by another person's recommendation
  2. If investing in Systematic Investment Plans, make sure the fund you have chosen allows this option
  1. Download application form from the fund's website. Most funds' website have a Download centre where all forms would be available
  2. All you need to complete your application form is to put down your name, date-of-birth, address and bank details. You should also complete details of your investment (account number, cheque number, amount, scheme name)
  3. If you have a folio number with the fund house you can apply at the fund house for your online PIN and then you can fill and submit application form online. You might have to submit the application for this physically
  4. If you are not opting for net banking you would have to provide cheque for the first installment for SIP. The rest can be made through NEFT or ECS mandate
  5. Make sure you attach a copy of your PAN card in all cases and your KYC verification sheet
  1. Unless you have invested with the same fund house before you would have to mail the physical form. You can post it to either the fund's mailing address or to the nearest office of its Registrar (CAMS or Karvy, etc). You would find both addresses on the website
  2. If you are a first time investor in MFs you must also fill KYC form and attach KYC documents. In this case you would also need to be verified in-person. You can do this at one of the fund's offices or you can head to the Registrar's office
  3. If you are not opting for net banking you would have to provide cheque for the first installment for SIP. The rest can be made through NEFT or ECS mandate
  4. For subsequent transactions in the fund house quote the folio number. Having fewer folios makes managing investments easier 

Fintotal Knowledge the best place to learn more on personal finance.

The language is simplified and written specially for non finance background individuals.


Explore more in a easy manner.

Table of Contents

Table of Contents

  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed

Get the all financial products under one roof only at

you will NEVER GO WRONG with us!

Unbiased . Best Deals . Appropriate Products . No Mis-selling