How to Buy Mutual Funds Online?
Mutual Funds are not like stocks. A Stock is the ownership of a single company while a mutual fund share (Unit) represent the value of underlying basket of carefully chosen stocks (Portfolio). You can directly buy mutual funds from the various fund houses.
However, it is also possible to buy mutual funds online. For that, you must need the online demat account. I Personally buy mutual funds online from ICICIDirect.com. You can simply log on to your account and go to mutual fund category and place your order to buy the mutual fund units from your online demat account.
See the above screenshot. Select your fund house from the list, chose fund category & sub-Category & Click “Go” to find a list of mutual funds. You will be directed towards the purchase page where you can place your order online.
See the above Snapshot. You can place your order and buy your desired mutual fund online from this page. Thus buying mutual funds online is this much easy. You can open an online demat account anytime and start buying mutual funds online.