How to Invest in Direct Mutual Funds?
jatinderchd last edited by
Well.. so yeah race to the bottom has happened sooner than later .. Zerodha coin is zero fees now. It seems like Zerodha thinks that getting MF people with zero fees can hook the people to trading(The only way zerodha makes money as of now is trading, not even delivery/investment). Lets see how their assumption goes.
Somesh last edited by
MFutility is the best. I think that we should use MF utility.
jatinderchd last edited by
If you can bear with the user interface of MFUtility, its the best. Most of the online platforms also use MFUtility only.
Also, business model of most of the platforms is not clear so I believe that 80% of them would not be able to survive. MFU will stay forever.
kvijay12345 last edited by
@jatinkhanna nice article
vikas_nair last edited by ftForumMod
Experienced investors who are aware on how mutual funds perform can directly visit the website of AMC's to invest in mutual funds directly. SBI Mutual Funds , Franklin Templeton Mutual Funds etc allow investors to invest in direct mutual funds through their website portals. New or novice investors can hire financial planners that can help them create a mutual fund investment portfolio suitable for them.
Guest last edited by
@vikas_nair one of the big downsides of investment with individual AMCs is the hassle to maintain multiple accounts. thats when the platforms like zerodha coin, MFU etc help.
Nishtha sharma last edited by
A mutual fund investing is a pool of savings contributed by multiple investors. The common fund so created is invested in one or many asset classes like equity, debt, liquid assets etc. It is called a ‘mutual’ fund because all risks, rewards, gains or losses pertaining to, or arising from, the investments made from this savings pool are shared by all investors in proportion to their contributions.
Sahil last edited by
MFUtility is not a useable platform at all. It is very confusing to use. I could not figure out for quite some time that I have to send the ECS to them. There was no communication or reminder either.
Zerodha Coin might still be the best choice, IMO
Anmol last edited by
@jatinderchd Yes, I have been using Zerodha coin. It is a highly popular direct mutual fund platform. I also heard about it from my friends. The best part, you can buy direct funds online on Coin for free. It's a friendly and very easy to use platform.
KP_Trader last edited by
Paytm Money is really impressive app. Their recommendations and portfolio along with its UI are good ones..
The best part is that you can still invest when you didn't register for Auto-Pay in SIP. I do hope they keep coming up for new innovations.