how to invest in mutual funds online

What is mutual funds :

Mutual funds 

Before investing a money in mutual funds you are need to understand  how mutual funds work. Because if you are don't have any knowledge of  mutual funds and you are invest money then you will going to loss. So first upon take a knowledge from any source . This knowledge is help you making money .

Definition of mutual funds :

Mutual fund is professionally managed investment fund that pools money from many investors to purchase securities . Mutual funds have some advantages and disadvantages as compared to direct investment . Mutual funds have low risk factor as compared to direct investment . Mutual funds have some best advantages they provide liquidity , mutual funds managed by professional investors .

how do i start investing in mutual funds:

Source of online mutual funds 

If you are feel full knowledge of mutual funds then you can start investing . 

Then follow this instruction 

You can start invest money in systematic invest plan this way is best for beginner level investors who invest small amount .

The first thing you need to do before starting SIP  is fulfilling the know your customer ( KYC) requirement. KYC is must to invest in mutual funds .

You will submit an address proof , identity proof and photograph .you can also complete this this through ekyc.

Then select which fund is suitable for your budget . When you are decide then visit the that company website . And create online investment account  they give some fee for opening an account .

When you are open an account then you need to following this steps 

1. This system would ask your personal details and birth details 
2. Upload you pAN card details 
3. Addhar based ekyc 
4. Make a video call
5.   Finally Visit the mutual fund house and search for the new link for registration and fill the simple online form. Then you can start investing .

Conclusion:

In about mentioned blog i try to understand you are how mutual funds work.

Mutual fund is very deep part of investment.  It's not possible cover in one blog.  Next blog i will tell you various New concept of mutual funds .

Thank you