How to Invest Online in Popular Funds?
How to Invest Online in Popular Funds?
Investing has become hassle-free now due to the internet revolution across India. You don’t have to stand in a queue to deposit money in your recurring account, savings account, or any other investment plan. You can invest online in popular funds so easily through your all-time companion smartphone. You can do almost all your work related to searching for a new scheme, opening an account, depositing into an account, transferring your balance online, sitting in the comfort of your car, office, or home. You can search for the best SIP to invest, best mutual funds, high return mutual funds, top mutual funds in the current year and the previous year everything online according to their performance and return matrixes. Then you can invest online according to your surplus amount and targets.
Savings Accounts
Online savings accounts are a safe way of investing online because of their comparatively higher return and security over the capital. If you have a lump sum of money at your hand that you might need anytime, an online savings account is the best option for you. You can transfer this money anytime to your primary account and you will get a higher return (6-7%) in such accounts. These accounts are generally managed centrally from their headquarters, hence they can save the money of branches and human resources. So, they comparatively provide you a higher return. All you need to apply online and verify your e-KYC online through Aadhar OTP.
Invest Online in Mutual Funds
Though mutual fund investment is subject to market risk, it has become the most popular mode of investing online among the new generation of investors. Mutual funds provide you an opportunity to invest in the biggest farms in the country in multiple plans according to your capacity. Online investment in mutual funds is so easy that initially, you need to just enter your PAN number to get the best access to the different plans suitable for you.
Systematic Investment Plan (SIP) offered by so many mutual fund companies is so popular nowadays because it provides you a return of approximately 12-15% per year and you can invest monthly starting from as small as Rs 500 only. You can set your own financial goal and create an instant SIP account online providing just the details of your investment details. Different asset management companies and their websites can help you in investing online in a hassle-free way.
Invest in Stocks
You can create your own investment portfolio online and manage your portfolio investment. A portfolio investment is having ownership of stocks, bonds, or other investments when you wait for the growth of these investments. You can invest in Demat, trading, and online mutual funds through your smartphone or laptop. You can apply for a Demat account on the websites of so many banks and financial agencies and start investing in stocks. You can go through a study on the risk factors in the present markets and the best stocks to invest in a current position.
Invest Online in Tax Savings Schemes
Life insurance, health insurance, child education policy, retirement policy, public provident fund, tax saving mutual funds are all that you need to think about if you want to grow your money, secure your life and family, and save tax simultaneously. You can opt for all these tax savings schemes online nowadays. You can search for suitable schemes, read carefully, and invest as per your needs in all those schemes online.
Apart from these modes of investments, your online money wallets and bank’s mobile applications will give you so many options of investments like the investment in golds, real estates, and other schemes. Investing online is so easy and flexible. But you have to be aware of the terms and conditions, risk factors, and the scope of return before taking any decision for investment. You can consult with an AMFI registered mutual fund distributor to know more about mutual fund investments.
