- Where can you purchase mutual funds - banks, brokerage houses, third party distributors
- Fill out form - you will need your PAN number for that
- Get receipt/acknowledgment as proof that you have invested in the fund
- Fund House will send you regular statements on your status and NAV of your units
- You can choose to invest through a SIP scheme - Systematic Investment Plan. Allows you to invest small amounts of money at regular intervals. Helps you avoid market timing and you can enter the market with a small amount of capital rather than a lump sum. You can also set up an electronic transfer directly from your bank through the ECS transfer facility, so you don't have to write a cheque every month
- How can you educate yourself about MF's - read personal finance magazines like Outlook Money or Money Today or the personal finance sections of business newspapers; may newspapers like Hindu or Business Standard also carry weekly reports on the mutual funds
Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300 Real Returns in Investing A Anil Singh (name changed), 44, works with a private company and believes in investing his entire savings in fixed deposits. His financials from the year 2000 till date is given in the table. Anil's savings in FDs gave him an average return of around 8%. The total amount saved over the 174 months (From January 2000 to June 2014) is Rs 49.80 lakh. The value of his investment today is around Rs 66.71 lakh. Naveen Singh (name changed), 44, works in a similar profile like Anil. However his expenses were on the higher side. His financials are as in the table. Naveen invested only in equities. The total amount saved over the 174 months (From January 2000 to June 2014) is Rs 38.40 lakh. The v...
