Mutual Fund Online
Geojit has offered its esteemed clients a hassle
free environment to invest in Mutual Fund schemes by introducing online mutual
fund investing through their online trading portal. This facility is available
to all online clients who have signed the new online IPO. Mutual fund investors
can avail this facility from all the offices of Geojit.
At present all the schemes of Franklin Templeton and SBI Mutual fund are
available for investment through Geojit in a hassle free paper less mode.
Services of more fund houses would be made available online shortly. New Fund
Offers (NFO) announced by both the above mentioned Fund Houses are also updated
in the trading platform and is available till the close of the offer.
The customers of Geojit need not have to worry about filling up application
forms, drawing cheques /making demand drafts, depositing warrants as all the
financial transactions are completely automatic at the click of a button. The
proceeds/units are debited/credited automatically, to the account of the
customer. Customers can transact online through user- friendly transactions
screens including for Purchases, Redemptions, Switches, Systematic Investment
Plans (SIP), Systematic Transfer Plans (STP), Change Dividend options and
Systematic Withdrawal Plan (SWP). If there are any ongoing New Fund Offers, you
can also apply for the same.
Online Mutual Funds are currently available for resident investors. This
facility would also be made available to NRIs very shortly.
• SIP allows you to build up
capital through small regular investments from Rs.1000/- per month.
• In case of need, you can discontinue your SIP at anytime.
• You can redeem your units and get your capital back at anytime.
• If you invest Rs.3000/- per month for a continuous period of 5 years, you
could see your capital grow to over Rs.2.5 lacs based on an average performance
of 15%!
• Thanks to SIP, you benefit from Rupee Cost Averaging as your investment is
smooth.
• Your money works for you continuously as it is systematically invested.
• SIP is one of the most popular ways of investing in the U.S.!