Help : MF or stock buying through CC
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Hi all,
I want to know is there any way available by which i can purchase stock/liquid mutual funds through credit cards? Or where i can purchase gold through credit card? NPS way i know, but my KYC is pending still.
Thanks
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https://www.desidime.com/discussions/help-mf-or-stock-buying-through-cc?page=1#post_6587928
purchase stock/liquid mutual funds through credit cards — Not possible, indirect ways are there like CC→Wallet(Bank)→Purchase
gold through credit card —> Very very costly like some 10-15% overheads, Check Paytm
https://www.desidime.com/discussions/help-mf-or-stock-buying-through-cc?page=1#post_6609657
Cheapest way to transfer cc to bank?
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NPS has a big negative, allotment of units at NAV price/value on T+2 or 3, so unreliable esp Equity component is more. Predicting NAV on T+2 is impossible in the current times.
They should seriously reduce this to same day(allotment@SameDayNAV) like stock market deals.
Even if the investment is for long term why should investor loose money for settlement delays.