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5 steps guide to invest online in mutual funds

Mutual funds have been the go-to option for investors when it comes to multiplying their wealth. It is so because mutual funds are one of the best options as they offer a range of benefits and satisfy the needs of investors irrespective of their risk appetite or investment goal. The concept of investment has become more convenient now due to digitalization. You don’t have to go to any branch personally since you can invest in mutual funds online now without contacting any broker. In this article, we will tell you how you can invest in mutual funds online in detail. 

How to invest in mutual funds online

There are several types of mutual funds in India in which you can invest such as equity mutual funds, liquid mutual funds, debt mutual funds, fixed maturity funds, tax saving mutual funds or also known as ELSS, retirement funds, etc. You can invest in any of the investment plans depending upon your requirement such as your budget, net worth which can be calculated using a net worth calculatoronline, financial goals, etc. There is always an option of offline investment in which you can visit the branch, submit the required documents, and complete the entire process with the help of professionals but let’s understand the process of investing online in mutual funds- 

Step 1: Registration- You need to visit the fund website. If you are a first-time investor, you will have to register yourself by providing details such as name, mobile number, date of birth, PAN card details, and email. Then you need to complete the KYC or Know your customer process in either of the three ways, i.e. online by uploading the scanned images of the required documents, or via OTP, or the biometric option. If you are not a first-time investor, you just need to log in to the website. 

Step 2: Personal details- In this step, you need to provide your personal details such as profession, nationality, taxpayer in any other country, and annual income. You have the option to add an applicant in this step which is completely optional. Then you need to accept the term and conditions by clicking on the option. 

Step 3: Nominee details- As the name suggests, you need to furnish the details regarding the nominee. You will come across areas such as name, percentage of allocation for the nominee, date of birth, title, and nominee’s address. This is an optional step. If you don’t wish to appoint a nominee you can skip this step. 

Step 4: Bank details- This step requires you to provide bank details such as account number, IFSC code, and type of account. You need to tick the box which confirms that the redemption and investment will be carried out through the particular account you have mentioned in the step. Then proceed further. 

Step 5- Investment details- In this step, you will need to select the type of investment, scheme and plan in which you need to click on the “directly” option since it’s an online process. You can choose from equity, hybrid, debt, and others for scheme details. Then, choose the SIP period, frequency of payment, number of instalments, and amount. You can then make the payment using the preferred option to successfully invest online. 


Before you decide to invest online or offline, make sure you have a clear idea of what you are doing. Choose the right plan and scheme that pertains to your individual requirements. If you choose the right option, it will benefit your financial goals. Moreover, online investment is a hassle-free and easy process. Prepare the required documents and start investing online. 

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