Now Buy mutual fund direct plans online. Suggest me good MF units to invest

Mutual Fund

Derivative m paisa lagao JK

Don’t buy mutual funds from any website. You can buy them on HDFC/ICICI/Reliance websites following their process. Always choose direct option. Maybe depending on your goals/risk/time you can make on informed choice as it would be wrong to give advise/pick funds. But the thumb rule is see the performance over few years and how they did when the markets were falling badly. Don’t look at 3/6/9 months or 1-2 years performance and have real expectations of 15% annualized returns (over a long term)

Please provide guide to new users also.

@ranjithsai01 wrote:

Don’t buy mutual funds from any website. You can buy them on HDFC/ICICI/Reliance websites following their process. Always choose direct option. Maybe depending on your goals/risk/time you can make on informed choice as it would be wrong to give advise/pick funds. But the thumb rule is see the performance over few years and how they did when the markets were falling badly. Don’t look at 3/6/9 months or 1-2 years performance and have real expectations of 15% annualized returns (over a long term)

Now you can buy most of the MF direct plans @ MF utilities using only 1 Folio. No need to buy them directly from Fund houses by filling multiple forms

@AryanExpedition Looking for suggestion

@Troll wrote:

Mutual Fund

Derivative m paisa lagao JK

Don’t know hindi

Better invest yourself, Fund manager have total control on your portfolio

@BaMbU wrote:

@ranjithsai01 wrote:

Don’t buy mutual funds from any website. You can buy them on HDFC/ICICI/Reliance websites following their process. Always choose direct option. Maybe depending on your goals/risk/time you can make on informed choice as it would be wrong to give advise/pick funds. But the thumb rule is see the performance over few years and how they did when the markets were falling badly. Don’t look at 3/6/9 months or 1-2 years performance and have real expectations of 15% annualized returns (over a long term)

Now you can buy most of the MF direct plans @ MF utilities using only 1 Folio. No need to buy them directly from Fund houses by filling multiple forms

@AryanExpedition Looking for suggestion

@aroranavneet42394 wrote:

@BaMbU wrote:

@ranjithsai01 wrote:

Don’t buy mutual funds from any website. You can buy them on HDFC/ICICI/Reliance websites following their process. Always choose direct option. Maybe depending on your goals/risk/time you can make on informed choice as it would be wrong to give advise/pick funds. But the thumb rule is see the performance over few years and how they did when the markets were falling badly. Don’t look at 3/6/9 months or 1-2 years performance and have real expectations of 15% annualized returns (over a long term)

Now you can buy most of the MF direct plans @ MF utilities using only 1 Folio. No need to buy them directly from Fund houses by filling multiple forms

@AryanExpedition Looking for suggestion

Also there is https://www.myuniverse....n/ where we can do the same

You can’t buy direct plans in any other sites AFAIK except MF utilities. In Myuniverse & fundsindia you can buy only regular plans

@BaMbU wrote:

@aroranavneet42394 wrote:

@BaMbU wrote:

@ranjithsai01 wrote:

Don’t buy mutual funds from any website. You can buy them on HDFC/ICICI/Reliance websites following their process. Always choose direct option. Maybe depending on your goals/risk/time you can make on informed choice as it would be wrong to give advise/pick funds. But the thumb rule is see the performance over few years and how they did when the markets were falling badly. Don’t look at 3/6/9 months or 1-2 years performance and have real expectations of 15% annualized returns (over a long term)

Now you can buy most of the MF direct plans @ MF utilities using only 1 Folio. No need to buy them directly from Fund houses by filling multiple forms

@AryanExpedition Looking for suggestion

Also there is https://www.myuniverse....n/ where we can do the same

You can’t buy direct plans in any other sites AFAIK except MF utilities. In Myuniverse & fundsindia you can buy only regular plans

If you can research, read and understand markets, you must save some amount of money by investing in Direct Option with respective Mutual Fund companies directly.

However, I’m a strong believer in the fact that a good financial advisor(not a banker) should be consulted regularly for people who do not have as much time, resources and experience. The Mutual Fund companies pay a paltry 0.50% to 1.00% commission to these advisors for their role in getting investors to invest in the respective MF companies.
IMHO, this commission is a small price to pay for the effort, knowledge and the dedication put in by advisors to help manage your finances. If you invest in direct mode with MF companies, you save on this 0.5% to 1.00% annually by way of being levied this much lesser expenses on managing the funds by the MF companies.

For the record, since I’m from the FS industry and owing to my experience etc, I personally invest my money directly. I advise my friends and family to invest through their advisor as that ensures servicing and end to end management of their financial portfolio. Of course, I advise them on which funds to buy or hold etc, but since I’m not an advisor myself, I can’t manage their investments owing to lack of time and no want of being remunerated for my advice.

@AryanExpedition wrote:

If you can research, read and understand markets, you must save some amount of money by investing in Direct Option with respective Mutual Fund companies directly.

However, I’m a strong believer in the fact that a good financial advisor(not a banker) should be consulted regularly for people who do not have as much time, resources and experience. The Mutual Fund companies pay a paltry 0.50% to 1.00% commission to these advisors for their role in getting investors to invest in the respective MF companies.
IMHO, this commission is a small price to pay for the effort, knowledge and the dedication put in by advisors to help manage your finances. If you invest in direct mode with MF companies, you save on this 0.5% to 1.00% annually by way of being levied this much lesser expenses on managing the funds by the MF companies.

For the record, since I’m from the FS industry and owing to my experience etc, I personally invest my money directly. I advise my friends and family to invest through their advisor as that ensures servicing and end to end management of their financial portfolio. Of course, I advise them on which funds to buy or hold etc, but since I’m not an advisor myself, I can’t manage their investments owing to lack of time and no want of being remunerated for my advice.

kg .. supper xpernc u sound

ways to invest

• financial advisor (who will charge yearly fees)
• MF investment companies : they provide all services like mf, ulips and insurance (they dont Charge any fees.
• direct : collect AMC address of your city and buy directly submutting your docs.
• onlinr : like sharekhan and other new portals.

frankly past performance is no guarantee of futurr performance. a so called advisor might siggest you something just because he has target to achieve.

there is pain in the market and will continue further for some more time. so check out top performers on moneycontrol.com and find which performed well in which theme (derivtives, equity, contra etc) and approach a MF investment company or financial advisor (if you have 10L to invest and 5k to spare each year as fees.

right now i am working on existing completely out of MF redeeming everything which leads to problem as 10 year old Investments are difficult to redeem since bank account numbers have changed due to switch to core banking, closed unused bank accounts, 10 yr old sign doesn’t match etc.

@AryanExpedition wrote:

If you can research, read and understand markets, you must save some amount of money by investing in Direct Option with respective Mutual Fund companies directly.

However, I’m a strong believer in the fact that a good financial advisor(not a banker) should be consulted regularly for people who do not have as much time, resources and experience. The Mutual Fund companies pay a paltry 0.50% to 1.00% commission to these advisors for their role in getting investors to invest in the respective MF companies.
IMHO, this commission is a small price to pay for the effort, knowledge and the dedication put in by advisors to help manage your finances. If you invest in direct mode with MF companies, you save on this 0.5% to 1.00% annually by way of being levied this much lesser expenses on managing the funds by the MF companies.

For the record, since I’m from the FS industry and owing to my experience etc, I personally invest my money directly. I advise my friends and family to invest through their advisor as that ensures servicing and end to end management of their financial portfolio. Of course, I advise them on which funds to buy or hold etc, but since I’m not an advisor myself, I can’t manage their investments owing to lack of time and no want of being remunerated for my advice.

Thanks for the info. Do u recommend any best books or sites for personal finance

@dharmanath481 wrote:

ways to invest
* financial advisor (who will charge yearly fees)
* MF investment companies : they provide all services like mf, ulips and insurance (they dont Charge any fees.
* direct : collect AMC address of your city and buy directly submutting your docs.
* onlinr : like sharekhan and other new portals.

frankly past performance is no guarantee of futurr performance. a so called advisor might siggest you something just because he has target to achieve.

there is pain in the market and will continue further for some more time. so check out top performers on moneycontrol.com and find which performed well in which theme (derivtives, equity, contra etc) and approach a MF investment company or financial advisor (if you have 10L to invest and 5k to spare each year as fees.

right now i am working on existing completely out of MF redeeming everything which leads to problem as 10 year old Investments are difficult to redeem since bank account numbers have changed due to switch to core banking, closed unused bank accounts, 10 yr old sign doesn’t match etc.

If possible can u point me to sites which will guide us in choosing the MFs based on their past performance and other parameters

@BaMbU wrote:

@dharmanath481 wrote:

ways to invest
* financial advisor (who will charge yearly fees)
* MF investment companies : they provide all services like mf, ulips and insurance (they dont Charge any fees.
* direct : collect AMC address of your city and buy directly submutting your docs.
* onlinr : like sharekhan and other new portals.

frankly past performance is no guarantee of futurr performance. a so called advisor might siggest you something just because he has target to achieve.

there is pain in the market and will continue further for some more time. so check out top performers on moneycontrol.com and find which performed well in which theme (derivtives, equity, contra etc) and approach a MF investment company or financial advisor (if you have 10L to invest and 5k to spare each year as fees.

right now i am working on existing completely out of MF redeeming everything which leads to problem as 10 year old Investments are difficult to redeem since bank account numbers have changed due to switch to core banking, closed unused bank accounts, 10 yr old sign doesn’t match etc.

If possible can u point me to sites which will guide us in choosing the MFs based on their past performance and other parameters

I can suggest you zerodha varsity to learn about stock market. Thanks to @marketdimer.

I have learnt a lot from this website. Fundamental Techinal analysis are best explained here.

Sorry but i myself searching for a good MF to invest. ostensibly, i have low fund to invest but i will think of SIP rather than putting full amount. My mom is against MF as my dad couldn’t profit out of MF. however i tell myself that this is the age to take risk and will bet on some fund after researching a bit.

I will suggest you to read Zerodha, understand the whole picture then invest in the sector you want.

you won’t find much articles, websites or suggestions for direct funds because of vested interest of agents and distrbutors. but there’s one professor, Pattu peple call him, from IIT Madras, who is working hard in educating investors, has a “do it yourself” site called freefincal. he has made several posts on how to select funds and also understand how one can keep portfolio like an advisor. search on google/twitter. should be helpful in what you are looking for.

@marketdimer wrote:

you won’t find much articles, websites or suggestions for direct funds because of vested interest of agents and distrbutors. but there’s one professor, Pattu peple call him, from IIT Madras, who is working hard in educating investors, has a “do it yourself” site called freefincal. he has made several posts on how to select funds and also understand how one can keep portfolio like an advisor. search on google/twitter. should be helpful in what you are looking for.

+1 bro 👍👍👍👍