BENEFITS OF INVESTING IN MUTUAL FUNDS ONLINE Posted by : There are plentiful benefits that you can enjoy through investing in mutual funds online. Few Noteworthy benefits: Free Yourself From Paper Work: The first and foremost is that you tend to get free from the physical strains of the paperwork wherein you need to fill up forms, make a cheque and comply with the KYC norms. In the case of online investment, you just need to ensure your KYC is in place and thereafter you can make the investments sitting at any given location. Check Balance Online Anytime: Another benefit is that you can now just look up to your account details by simply making a login. You can also alter your SIP investments as and when required without any paperwork. Moreover, a last-minute investment (for e.g., investments in ELSS-Tax savings funds in the month of March) can be easily done without depending on any entity or individual. Ease to Analyse Performance of Mutual Funds: Online investment also provides a platform to analyze the performance of various schemes that were invested in and take decisions to redeem or switch online. This proves helpful and effective in the longer run. You can conveniently invest in multiple mutual funds and can review the performance on a single platform. Online investment with a Mutual Fund advisor: It has come out with an innovative concept of online mutual fund investment with a fund advisor. We shall assign a dedicated relationship manager who will call on the investor on a regular basis and appraise investors of market developments. The Relationship manager will review the portfolio of his set of investors every month and connect in case any switch or redemption needs to be done. Tags : #BLOG Share This : Editor
