DelhiDesk Investing in mutual funds (MFs) online has become much easier compared to a decade ago. To invest in MFs online, investors need a permanent account number (PAN) and must be compliant with know-your-customer (KYC) norms. They should ideally buy direct versions of the MF, which give up to 1% more returns than the regular variants. Online broking platforms, such as Zerodha(Coin), Groww, 5Paisa, and Paytm Money, are ideal options to invest in direct MFs. To choose the right MF, investors should look beyond past returns and check ratings. They should research and choose a reputable SEBI-registered mutual fund provider, open an account, complete the KYC process, select the appropriate mutual funds, read the fund’s offer document, decide on the investment amount, and initiate the transaction online. Investors should monitor their investments regularly, make adjustments as needed, and consider market risks and consult with a financial advisor if necessary.

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👉 Mutual Funds are a smart way to grow your money for long-term financial goals.

👉 You can invest in mutual funds online through the websites of fund houses or investing apps.

👉 To invest online, you need a PAN card and must comply with KYC norms.

👉 Direct plans of mutual funds offer higher returns than regular plans and should be preferred.

👉 Online broking platforms like Zerodha, Groww, 5Paisa, and Paytm Money offer direct mutual funds.

👉 Investors should look beyond past returns and check ratings and health of underlying assets to choose the right mutual fund.

👉 To invest in mutual funds online, research and choose a reputable SEBI-registered mutual fund provider, open an account, select appropriate funds, and initiate the transaction online.

👉 Monitor your investments regularly and consult with a financial advisor if necessary.

👉 You can also invest in mutual funds through application forms at mutual fund branches or with the help of a registered Mutual Fund Distributor.

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