How to Buy Mutual Funds Online in India?
Do you know that, you can now buy mutual funds online in India? Here is my detailed post about how you can buy mutual funds online in India from ICICIDirect.com. However, you can chose any other brokerage services and buy mutual funds online such as Sharekhan.com or any other.
In the above article, I have mentioned in detail that How I buy Mutual funds online in India from my ICICIDirect.com online demat account. Buying mutual funds from your online demat account in India is very easy now. You can place your order in just few minutes. It will just take 2 working days to execute your order and the Units will be allocated in your online demat account.
Thus, buying mutual funds was never this much easy. The only thing that I don’t like about the offline method is, Lots of Paper work. If you want to buy a mutual fund directly from the fund house than you require lots of paper work and identity proof. Rather than that, now it is very simple and easy to buy mutual funds online just like shares from your online demat account in India.
It usually takes 21 days to open the Online Demat account with ICICI Bank once you have a savings account with the ICICI Bank. Once you get your username and password, you can start investing in the stocks as well as mutual funds online via your demat account.