How to Invest in Direct Mutual Funds in India?

Investing in direct mutual funds in India has become easier in recent years. Here are the steps to invest in direct mutual funds in India:

Choose a mutual fund platform: There are several mutual fund platforms available in India that allow you to invest in direct mutual funds. Some popular platforms include Groww, Zerodha Coin, Paytm Money, and Kuvera.

KYC: You will need to complete your KYC (Know Your Customer) process before investing in mutual funds. You can do this by submitting your PAN card, Aadhaar card, and other relevant documents to the mutual fund platform of your choice.

Select your mutual fund: Once your KYC is complete, you can select the mutual fund you want to invest in. You can use the platform's search feature to find the fund you want.

Invest: After selecting the mutual fund, you can enter the amount you want to invest and complete the transaction.

Reliable mutual funds platform?

There are several reliable mutual fund platforms available in India that you can consider for investing in direct mutual funds. Here are a few popular options:

Groww: Groww is a popular mutual fund platform that offers a user-friendly interface and allows you to invest in a wide range of mutual funds. They also offer a convenient one-click investment feature and a mobile app.

Zerodha Coin: Zerodha Coin is a mutual fund platform offered by Zerodha, a popular online discount broker in India. They offer zero commission on mutual fund investments and a simple interface for investing in direct mutual funds.

Paytm Money: Paytm Money is a mutual fund platform offered by Paytm, a popular digital wallet and payment service provider in India. They offer a zero commission fee on mutual fund investments and a variety of investment options.

FundsIndia App :FundsIndia is India’s first and largest free online mutual fund investment platform. Other financial products like equities and company fixed deposits are also offered. Avail value-added services like flexible SIPs, trigger-based investing and access to India’s most comprehensive automated advisory service.

Conclusion:

In conclusion, investing in direct mutual fundsin India has become easier in recent years with the availability of various reliable mutual fund platforms. These platforms offer a simple and convenient way to invest in direct mutual funds with lower expense ratios and higher potential returns.To achieve your long term goal you need to research a lot before investing.happy investment!