Which online method should be chosen for mutual fund

Hello sir,

Which online method should be chosen

I have online trading account in karvy. Advantage 1. can be trusted 2. Trading can be done.

Disadvantage 1. charges on buying and selling funds 2. UI is not that much good.

I went through fundsindia and moneysights website. Advantage 1. free of cost 2. UI is simple and good. Disadvantage 1. can it be trust able?

Which method is good?I am confused

asked Jan 25 '12 at 23:25 by suren 41141425


I think, online mutual fund websites are a better option to transact in mutual funds.

There should not be any reason to worry while transacting through moneysights or fundsindia. They are not investing your money with them but with same mutual fund companies, which you might be investing through karvy or any other brokerage firm.

Even if any of these companies close down tomorrow, your funds will be still safe. Its the mutual fund company which will redeem your amount once you sell units. These online mutual fund companies are just an agent, like brokerage firm.

I would also like you to go through this post: How to transact in Mutual Funds online

answered Jan 26 '12 at 16:36 by pankaj 5.2k320

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I am very new in mutual fund which one should i go moneysights or fundindia. Thanks
(Jan 26 '12 at 21:19) suren
If you want to start SIP in mutual funds, then moneysights would be good as they don't require paperwork again and again. You may already have read our review on moneysights here: http://www.pankajbatra.com/finance/invest-in-mutual-funds-online-with-moneysights/
(Jan 26 '12 at 21:28) pankaj
Thank you ,i am a new investor your guidance is really helpful
(Jan 27 '12 at 19:19) suren

Hello mate in today's world when everything is online. Online method is bets for mutual fund well also it is the matter of good advice along with security in translations. I ma investing from couple of years and and taking the robo advisory from my financial adviser and getting the good returns. you can also contact them or visit their there website for your investment. swaraj Wealth- http://bit.ly/2umgx9g

answered Sep 07 at 17:34 by Abhishek Chawla 1

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Asked: Jan 25 '12 at 23:25

Seen: 1,724 times

Last updated: Sep 07 at 17:34