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Invest in Mutual Funds Online Now

Mutual funds are increasingly providing online investment platforms that allow retail investors to conveniently buy and manage funds from any location. DSP BlackRock Mutual Fund recently launched their online platform, which received positive feedback for being user-friendly and providing a seamless experience. Regulatory changes have reduced commissions for distributors, so funds must now view online platforms as a new important channel for reaching customers. Online investing provides benefits like convenience, reduced effort, and the ability to manage funds from anywhere on the go.

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44 views1 page

Invest in Mutual Funds Online Now

Mutual funds are increasingly providing online investment platforms that allow retail investors to conveniently buy and manage funds from any location. DSP BlackRock Mutual Fund recently launched their online platform, which received positive feedback for being user-friendly and providing a seamless experience. Regulatory changes have reduced commissions for distributors, so funds must now view online platforms as a new important channel for reaching customers. Online investing provides benefits like convenience, reduced effort, and the ability to manage funds from anywhere on the go.

Uploaded by

RosyDay
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Invest Online On the Go

In the spate of recent regulatory changes, the retail investor has been feeling left out when
it comes to receiving services from big distributors. Buying mutual funds online is no
more a dream but reality toady!

In the current scenario, more and more fund houses have been going in for online facility on
their websites. Recently, one of the best mutual funds in India, DSP BlackRock Mutual Fund,
joined this bandwagon when it launched its MF Online on September 01, 2010. The initiative
has received some encouraging feedback from investors who find the facility user-friendly,
the process simple and the experience seamless!

After the market watchdog, SEBI, passed a new regulation delinking commissions to be paid
to distributors from the investor’s money, the distributor community stopped eyeing the
small time investors. While till this point, mutual funds had been providing the online
investment facility more for convenience, from now they have to look at it as a new channel
for reaching the masses.

Most mutual funds provide facilities like purchase, switch, redeem, invest in NFOs through
their online platform. Investors can view their portfolio, download account statements,
update their personal details while on the move or from the comfort of their homes. DSP
BlackRock Mutual Fund has been promoting its online facility with some very catchy lines
like “When opportunity knocks, meet it with a click” and “Sometimes, good things just click
for you. Other times, you have to click for them.”

Availability of online investment will not only reduce the time and effort spent by both the
investor and the staff at various collection counters, it will also take the experience of
investing in mutual funds to another level. Investors will not have to go physically to these
places at opportune times to either enter the equity market or book profits. All this will
happen now on the go. Even rejiging or rebalancing their equity mutual fund portfolios will
become equally easier. Technology definitely seems to be making life easier for the Indian
investor.

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