Hi,
I am 33 and just have term insurance to my . I have a lumpsum of 2lac and would like to invest in MF. I came to know about ICICI's investment at ease where in no need to pay and brokerage while purchasing and exit(i think there should be some hidden cost as no companies will provide free). can you help me out with options of purchasing MF from . Is it better to be linked to some MF houses like scripbox etc or to invest through banks or through cams or so . Kindly help me out i am in a dilemma.
Thanks in advance.
-Suresh S
1 Answers
Dear Suresh,
Kindly note that Scripbox is not a MF fund house. It is just an online platform for investing in MFs.
Let me list out the ways you can buy Mutual fund schemes ;
- You can buy through Mutual fund house websites. There will not be any cost involved (transaction cost) here.
- You can buy through banks or mutual fund advisors or agents. They may charge some subscription or service fee.
- CAMS or Karvy can be another option.
- Online platforms like Fundsindia, Scripbox etc (Fundsindia wont charge anything from Customers. But you can not invest in direct plans.)
- MF utility online platform for investing in Direct plans of MF Schemes. This is an industry sponsored platform. No cost is involved.
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