How to invest online in mutual funds in India


Completing the KYC process is the first thing you need to do to start your mutual fund journey.

Many people prefer the online platform to invest in mutual funds because of the convenience that it offers.

Even if a mutual fund is an ideal investment option for many people in India, most of them do not know how to invest in this instrument. They also do not have much idea about the funds to choose and when to invest. You need to know the basics of mutual funds if you have plans to invest in it. Mutual funds are a simple and best way for people who wish to invest in the stock market. It also helps them to get exposure to equity. Let’s get an idea about how to invest in mutual funds online in India in this post.

Know about mutual funds

Investors need to have an understanding of mutual funds before investing in it. Getting an idea about the working of this investment instrument helps you to choose the better schemes. In mutual funds, money gathers from investors, and fund managers park this money into different investments to fulfill the financial goals of the investors. Choosing the right mutual fund schemes may difficult for many new investors. With the help of an efficient mutual fund advisor or distributor, you can make the best investment portfolio for your smart investing.

Steps to invest in mutual funds online

Many people prefer the online platform to invest in mutual funds because of the convenience that it offers. Nowadays, most fund houses in India provide online facility to invest in mutual funds. For investing in this scheme, you need to complete some fundamental processes. Here are the steps to invest online in mutual funds:

  • Get your KYC completed

Completing the KYC process is the first thing you need to do to start your mutual fund journey. It is mandatory for doing financial transactions in India.  An investor cannot invest in the mutual fund unless he becomes a KYC (Know Your Customer) complaint. You can complete this process online by providing some basic information like your name, address, date of birth, and mobile number. Even if an investor has plans to invest in several mutual fund plans with various fund houses, he or she needs to go through the KYC process only once.

In order to complete your KYC process online, visit the website of a fund house of your choice, and complete the procedure after clicking its link. If your fund house does not allow eKYC, visit the website of any mutual fund transfer agents like Karvy or CAMS to complete the process using your Aadhar card. Upload the soft copies of your documents to support the personal details that you have provided. Your physical presence can be confirmed through a scheduled video call.

  • Provide necessary documents

After finishing the eKYC process, you need to furnish a few basic documents to start investing in mutual funds like your PAN card, Proof of address (passport, driving license, bank statement, etc.), checkbook for bank details and a passport size photograph. With a computer and internet connection, you can easily provide the necessary information to start your online investment journey.

  • Start your online investing

An investor can visit the website of a fund house of your choice once he or she becomes a KYC complaint to start investing in mutual funds. You can visit the website with your username and password to start online transactions. For starting your monthly SIP online, provide your bank account details. Select the scheme in which you want to invest your money to secure your future through mutual funds.

That’s why Comparte Investment team asks do you have “Nivesh Ki Aadat”.

With this one can say “Mutual Fund Sahi hai”,  so let me do Nivesh