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.

    Regards

    Atul

  4. Ramesh says:

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

    Ramesh

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