POSTED BY December 23, 2010 11:46 am COMMENTS (4)
ONSuppose 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
???
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for sake of completing the list, i add one more: ‘www.fundsupermart.co.in’
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
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
Add,
Through brokerage accounts.
Through banks with investment accounts, eg HDFC Bank.
Ramesh