What are the ways of purchasing a Mutual Fund today and costs

POSTED BY Manish Jain ON December 23, 2010 11:46 am COMMENTS (4)

Suppose I want to purchase Reliance Equity Fund, what are the various options and costs involved?

I can think of the following:

– directly from Reliance AMC

– FundsIndia.com

– From an advisor


4 replies on this article “What are the ways of purchasing a Mutual Fund today and costs”

  1. bharat shah says:

    for sake of completing the list, i add one more: ‘www.fundsupermart.co.in’

  2. Manish Jain says:

    If I had to rank by cost from least to most, it would be:

    1. Direct from AMC
    2. FundsIndia.com
    3. Through brokerage account
    4. Through bank w/ investment account
    5. Investment Advisor

  3. Atul says:

    Hi Manish,

    I suggest FundsIndia since there are no Annual maintenance charges.

    Other brokerage houses like HDFC,ICICI direct will have annual maintenance charges.

    Moreover service quality is almost same.



  4. Ramesh says:

    Through brokerage accounts.
    Through banks with investment accounts, eg HDFC Bank.


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