I have been getting many queries about the portals/websites/app investors should use to invest in direct plans of MF schemes. Good to see that the awareness about direct plans is increasing. And why not? It is foolish to invest in regular plans if you are a do-it-yourself investor. You are compromising on returns for no hint of advice. Even for those who need assistance, it … [Read more...] about List of Online Mutual Fund Direct Plan Platforms in India
There is no reason why a Do-it-Yourself (DIY) investor needs to invest in regular plans of mutual fund schemes. There are so many online direct plan platforms around that convenience is no longer an excuse for investing in regular plans. Therefore, it is almost criminal for a DIY investor to invest with say ICICIDirect. Even for those who need assistance in portfolio … [Read more...] about How to switch from Regular plan to Direct plan of a MF scheme?
If you are investing in regular plans of mutual fund schemes from a single aggregator portal, you can have an easy way of looking at your consolidated mutual fund portfolio. By the way, there is no reason why you should be investing in regular plans of MF schemes if you are a Do-it-yourself investor. However, if you are investing in direct plans of MF schemes from AMC … [Read more...] about Looking for a better way to analyze your Consolidated Mutual Fund Portfolio?
SEBI, in a press release on April 26, 2017, issued guidelines for instant redemption from liquid funds and investment in mutual funds from digital wallets such as Paytm. Let’s look at what such guidelines mean for you. Instant redemption in Liquid Funds By instant redemption, I mean that the money will be available in your account in a seconds after you press Redeem button … [Read more...] about Instant Redemption in Liquid Funds and MF invesments through e-wallets
Equity funds are risky but debt funds are safe. Isn’t that what most of us think? That is clearly not the case. Debt funds carry risk too, something that is ignored by many investors. Many argue for debt mutual funds as replacement for replacement for bank fixed deposits. In fact, I have written a post comparing debt mutual funds and fixed deposits and how debt mutual funds … [Read more...] about Don’t ignore the Risk in Debt Mutual Funds