Is FundsIndia a brokerage account?
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Is FundsIndia a brokerage account?
At FundsIndia the brokerage is Rs. 25 or 30 basis points (i.e. 30 paisa on every Rs 100 charged), whichever is higher. Please note that there are additional charges that all brokers are legally required to charge on equity transactions as per SEBI.
Does Fundindia charge brokerage mutual funds?
Yes, investing in mutual funds through FundsIndia is absolutely free. There are no account opening charges, transaction or maintenance fees. In the case of mutual funds, we earn through the trail revenue that we receive from the mutual fund houses. These are paid out of the annual fund management fees of mutual funds.
Is FundsIndia direct or regular?
regular plans
Currently, FundsIndia offers only regular plans.
Can I open demat account in FundsIndia?
You can open an equity trading account with FundsIndia in just two simple steps: Enter your investor profile in our ‘Equity’ section. Download your demat application form from the ‘Downloads’ section of your account, sign it, and send it to us along with your KYC documents (as mentioned in the form).
Is FundsIndia registered with SEBI?
Yes, we are a registered stock broker with the Bombay Stock Exchange (BSE). Our SEBI registration number is INB011468932.
Is FundsIndia good Quora?
FundsIndia is a very good platform for investing in Mutual funds. I am a user of Funds India since Jan 2019. I am really happy with the customer support and advisory services from Funds India.
How genuine is FundsIndia?
FUNDSINDIA IS ANOTHER FRAUD COMPANY! I lost my money through three hyper yielding investment platforms whose companies were registered in London, UK. They claimed to have registered their companies in the US as well.
Is direct plan better than regular?
Higher Returns The returns of any direct mutual fund are always higher than the regular version of the same mutual fund. The main reason behind this is the ‘expense ratio’. The expense ratio is lower for direct plan vs regular plan as mentioned above.
How can I buy shares in Fundindia?
How to place a GTC Buy / Sell Order?
- Select ‘Invest’ from the top menu.
- Select ‘Stocks’
- Pick the stock, and then select ‘Buy’ / ‘Sell’ based on what action you’d like to take.
- In the next screen, under ‘Validity’, select ‘GTC’
- Select the type of order you wish to place (stop loss / limit)
How do I open a Fundindia trading account?
You can open an equity trading account with FundsIndia in 3 simple steps.
- Fill in your investor profile under the equity section.
- We will courier you the application form.
- Your account gets opened in 3 working days from the day we receive the signed KYC forms.
Is FundsIndia trustworthy?
Your FundsIndia account has been equipped with the best online safety and protection tools that ensure that all your investment transactions always take place in a reliable and secure manner. Our services are hosted in top-security, tier-4 data centres in multiple locations.
Is FundsIndia a legitimate company?
FUNDSINDIA IS ANOTHER FRAUD COMPANY! The three companies are Moni-Finex(Moni-Finex Global), HybridReserve and CRYPTONXT.
What happened to FundsIndia?
The founders were asked to leave the company owing to differences with the platform’s PE(private equity) investors on how to run the business. The exit was sudden and unexpected. Fundsindia has Rs 6400 crore assets under management and about 2.4 lakh ‘investing’ investors.
Is FundsIndia safe Quora?
FundsIndia is compeltely safe for investing in mutual funds, stocks and more. We’re registered with SEBI and AMFI and only act as an intermediary between you and the fund house. All investments made on our platform are made in the investor’s name, and the money is sent directly to the AMC.
Can I invest in SIP without broker?
You can invest in various mutual fund schemes without payment or brokerage by buying the mutual fund’s direct plan. Direct plans can be bought by approaching the branch office of the mutual fund and filling in an application form by yourself.
Can I switch from regular to direct plan?
Ans. Yes. You can change your mutual fund from a regular to a direct plan. However, since this switch is considered as the redemption of one scheme and new investment to the other (via direct plan), there are certain expenses that you will have to incur during the process.
How do I stop SIP FundsIndia?
Send an email to [email protected] from your registered email id. They will reply within 1 day with the confirmation. Note — They ask for a reason for cancellation though before proceeding with the cancellation. What are the reasons to start a SIP?
