https://www.desidime.com/discussions/query-transaction-charges-in-mutual-funds?page=1#post_9851511
No Transaction charges.
if buying via Broker it might charge you brokerage
Only charges that is applied is STT.. which is 0.001% of the Value
Query: Transaction charges in mutual funds
- 626
- 12
-
- Last Comment
I just came to know about transaction charges related to mutual funds.
So for any transaction amount higher than 10,000 rs. via SIP or lumsum mode incurrs transaction charge of rs. 150 or 100 rs.
Can someone please share some thoughts on this, whether I will be charged with such amount if I invest in Direct mutual funds via SIP amounting to rs. 15000 monthly?
TIA.
So for any transaction amount higher than 10,000 rs. via SIP or lumsum mode incurrs transaction charge of rs. 150 or 100 rs.
Can someone please share some thoughts on this, whether I will be charged with such amount if I invest in Direct mutual funds via SIP amounting to rs. 15000 monthly?
TIA.
Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
Top Comments
11 Comments
|
7 Dimers
- Sort By
https://www.desidime.com/discussions/query-transaction-charges-in-mutual-funds?page=1#post_9851582
I invest through paytm money app. So will there be any charges for direct mutual funds? And if yes then will it be charged every month?
https://www.desidime.com/discussions/query-transaction-charges-in-mutual-funds?page=1#post_9851542
direct option is better
https://www.desidime.com/discussions/query-transaction-charges-in-mutual-funds?page=1#post_9851784
In which fund you invested in. AMC charge expense ratio on sip or lumpsum. Stamp duty also included.
https://www.desidime.com/discussions/query-transaction-charges-in-mutual-funds?page=1#post_9851808
I have invested in uti nifty50 and quant elss and now I'm thinking to invest more than 10k per month, so want to confirm regarding transaction charges.
And yes I'm aware about expense ratio, STT, exit load, etc but I'm unaware about transaction charges.
https://www.desidime.com/discussions/query-transaction-charges-in-mutual-funds?page=1#post_9852099
Invest through MFCentral https://mfcentra...m/, which is an investor services hub conceived by KFintech & CAMS. No transaction charges. You can add/delete bank accounts, add/remove nominees, consolidation of folios and many other non financial transactions across all mutual fund houses.
https://www.desidime.com/discussions/query-transaction-charges-in-mutual-funds?page=1#post_10126665
have u used Consolidation of folios in mf centeral. how does it work, pls enlighten.
View 1
more reply
https://www.desidime.com/discussions/query-transaction-charges-in-mutual-funds?page=1#post_9852466
There is no such charge. You will be charged a small stamp duty which I think is 5rs for 10k.
Click here to reply
Reply
Invest through MFCentral https://mfcentra...m/, which is an investor services hub conceived by KFintech & CAMS. No transaction charges. You can add/delete bank accounts, add/remove nominees, consolidation of folios and many other non financial transactions across all mutual fund houses.