4 replies on this article “Any tax complications by doing SIP in Mutual Funds ?”

1. arjunp3000 says:

   February 5, 2014 at 1:22 pm

   Hi Radhev,

   Investing in Mutual Funds directly with the AMC will give you a lower expense ratio. However, as a first time investor, investing through a Distributor can be highly beneficial for you. You will get FREE Financial advisory services, portfolio rebalancing, customer support, document pick up and drop service, Online investment tools, etc.

   Investing through a Distributor also has the added advantage of investing from home. The distributor will do all the running around and make sure you get your paperwork in order. For first time investors, the distributor will also ensure that you are KYC compliant.

   Setting up an SIP through a distributor will NOT incur any additional taxes.

   Distributors often have a panel of financial advisors who will offer unbiased financial advice. This service is often available for free to investors.

   You can choose from our list of top performing mutual funds here – http://www.fundsindia.com/select-funds

   Reg,
   Arjun
   FundsIndia.com

   Reply
2. ashalanshu says:

   January 30, 2014 at 2:41 pm

   Dear Radhey, why are you investing through a broker (fundsindia or SBI bank, both are broker here)? You w’d have to pay a higher expense ratio as from your higher expense ratio, trail commission ‘ll be given to these brokers. if you opt to invest directly into the funds of your choice with AMC, the trail commission ‘ll be lower and thus you ‘ll get higher return on your money.

   Thanks

   Ashal

   Reply
3. ashalanshu says:

   January 30, 2014 at 10:03 am

   Dear Radhey, why are you not investing directly with the AMC to save on trail commission?

   thanks

   Ashal

   Reply
   1. radhevajrakaya says:

      January 30, 2014 at 12:56 pm

      Not able to get You .

      Reply

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