How to buy into a mutual fund scheme2 min read 06 Feb 2017, 05:09 PM IST
You have done your research, you know what mutual fund to buy, you also have the money. But how exactly do you buy into a scheme? Here's how
1You can either fill a form or go online. If you go the physical way, then there are two forms; the common application form that captures your basic details such as address and bank account details, and a form to start a systematic investment plan (SIP). If you invest in a fund house for the first time, you need to fill the common application form to open your account. And then the SIP form, if you need to start a SIP. Subsequently, if you wish to invest a lumpsum, then you need to fill the ‘additional purchase’ form.
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