Investment in mutual funds is quite simple and can be done in minutes using a website or mobile phone!
You need to open an account with the mutual fund (can be done online in minutes).
Your PAN number is taken to check if KYC (Know Your Customer) is completed by the fund house. If KYC is not registered, an eKYC can be completed using OTP (linked to Aadhaar number).
You select a mutual fund based on your objective: long term wealth, save taxes or just park cash.
You make a secure online payment to the mutual fund.
Wait for 1–2 days for the units to get allocated.
Watch your portfolio grow in your app.