How to invest in a scheme of a mutual fund?
The two main ways are :
Paper-based method :
Here the prospective unitholder fills out the relevant Application Form, attaches the requisite supporting documents and submits it at certain pre-determined locations.
For instance, any eligible investor can apply for Parag Parikh Flexi Cap Fund, by filling the 'Common Application Form' contained
here and
submitting it here.
Online :
Here, any eligible investor can seamlessly invest either through a
mutual fund's website or
Mobile App.
Investors may also choose from the :
Direct Plan:
Here applicants / unitholders purchase units without taking the help of any mutual fund distributor.
Regular Plan :
Here, units are purchased with the help of a mutual fund distributor.
Those who opt for the Do-It-Yourself option (Direct Plan) pay lower charges (a.k.a. Expense Ratio) as compared to those who invest via the Regular Plan.
comments powered by
