Mutual funds are a relatively safe option, to invest your money and create capital. You can choose between online trading or use the traditional offline methods. The online process is easy and convenient to use. That is why a number of people have switched to this option.
Mutual funds involve pooling in of resources from a number of investors, so that bonds which are difficult to afford individually, are now within your reach. With these funds, the risk is distributed over a number of investors. Hence, they are relatively stable and do not subject you to a high risks.
While investing, you can buy mutual funds online or you can go for the traditional offline option. This involves; approaching banks, third party distributes or brokerage houses. Very often, brokers will keep you informed about the latest developments of the market and advice you on various bonds that you can invest in. When you visit a distributer, he will provide you with a form, which needs to be filled out. You will have to attach a copy of all the required documents and a cheque for the amount you will be investing. All the documents will then be submitted to the mutual fund company, who will issue an account statement, within four working days. However, the same process will have to be followed, every time you have to make an investment.
This is why, a number of people have been opting to buy mutual funds online. There are a number of portals, through which you can successfully invest your funds. You will first have to register yourself on the portal by filling an online form. A copy of the form will have to be printed and submitted to the organization, along with the required documents. Once the documents are received, you will be successfully registered and will receive a conformation mail about the same. You can then go about your investments without any trouble.
This account is usually linked to your Demat account thus, when an investment is made, the amount is directly debited. Similarly, the redemption process is also relatively easy. An online form is to be filled, stating your name, folio number and the number of shares you want to redeem. This form is then processed and the amount will be credited directly to your account. You do not have to go out of your way, in order to receive the money.
On the other hand, the offline method can be little long drawn. To redeem the funds, you will have to first search for the nearest CAMS office. On visiting the office, you can pick up a mutual fund redemption form. Filling and submitting the form will entitle you to receive the funds within a week. Here, you have to go out of your way to find the office and traveling there could be in convenient.
Online trading has been emerging as a preferred option due to its convenience and simplicity. You can easily maximize your profits without even leaving your home. This is why a number of people are opting for these facilities rather than going for the traditional options.
Mutual funds involve pooling in of resources from a number of investors, so that bonds which are difficult to afford individually, are now within your reach. With these funds, the risk is distributed over a number of investors. Hence, they are relatively stable and do not subject you to a high risks.
While investing, you can buy mutual funds online or you can go for the traditional offline option. This involves; approaching banks, third party distributes or brokerage houses. Very often, brokers will keep you informed about the latest developments of the market and advice you on various bonds that you can invest in. When you visit a distributer, he will provide you with a form, which needs to be filled out. You will have to attach a copy of all the required documents and a cheque for the amount you will be investing. All the documents will then be submitted to the mutual fund company, who will issue an account statement, within four working days. However, the same process will have to be followed, every time you have to make an investment.
This is why, a number of people have been opting to buy mutual funds online. There are a number of portals, through which you can successfully invest your funds. You will first have to register yourself on the portal by filling an online form. A copy of the form will have to be printed and submitted to the organization, along with the required documents. Once the documents are received, you will be successfully registered and will receive a conformation mail about the same. You can then go about your investments without any trouble.
This account is usually linked to your Demat account thus, when an investment is made, the amount is directly debited. Similarly, the redemption process is also relatively easy. An online form is to be filled, stating your name, folio number and the number of shares you want to redeem. This form is then processed and the amount will be credited directly to your account. You do not have to go out of your way, in order to receive the money.
On the other hand, the offline method can be little long drawn. To redeem the funds, you will have to first search for the nearest CAMS office. On visiting the office, you can pick up a mutual fund redemption form. Filling and submitting the form will entitle you to receive the funds within a week. Here, you have to go out of your way to find the office and traveling there could be in convenient.
Online trading has been emerging as a preferred option due to its convenience and simplicity. You can easily maximize your profits without even leaving your home. This is why a number of people are opting for these facilities rather than going for the traditional options.
SHARE
