Need suggestions regarding SIP investment

Q & A Forum › Category: Investments › Need suggestions regarding SIP investment

Hi, I want to invest in SIP plans for long term. Can you please help me to choose one and explain the process to open it? I am not in India at the moment, so can I open it online?

3 Answers

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Sreekanth Staff answered 9 years ago

Hi, Are you an NRI? Have you completed PAN KYC for mutual fund investments?

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coer.piyush@gmail.com answered 9 years ago

HI, No exactly, But currently I am in Muscat.

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Sreekanth Staff answered 9 years ago

Hi, You may invest in mutual funds via online mode through Fund house websites, Online distribution platforms like Fundsindia, ICICI Direct etc., and industry sponsored platform like MF Utility. Advisable to pick Direct plans over Regular plans of mutual fund schemes. If you are a first time investor, you need to get PAN KYC done to invest in mutual funds. Most of the online distributors will help of you to get this done. Kindly read : https://www.relakhs.com/ckyc-central-kyc-mutual-funds-shares/ https://www.relakhs.com/direct-mutual-fund-plans-buy-online/ https://www.relakhs.com/mfutility-invest-direct-plans-mutual-fund-schemes-online/ https://www.relakhs.com/mutual-fund-direct-plans-vs-regular-plans/ https://www.relakhs.com/best-mutual-fund-schemes-2017/