The Mutual Funds Investment Thread

whitestar_999

Super Moderator
Staff member
Is it possible to transfer MFs between these services?
These "services" are just interfaces for your MF investment kind of like how you can open same gmail on chrome, firefox or edge by logging in with same user id & password. All your MF investments are linked to a unique portfolio no. which you need to enter in any of these "services"/apps to see your MF investment & do the txns.
 
creating id everywhere is problematic. how many you guys using groww ? and feedback you want to share.
I started my stock market journey with Groww, later switched to Zerodha for stocks but still use Groww to check stock (interface is easier to use) & still use it for my MFs.
 

whitestar_999

Super Moderator
Staff member
There is an option...not mandatory
Maybe if one directly buys from MF house but in case of 3rd party apps/sites everyone will move sooner or later to demat based system. Already Groww started doing this as it is mandatory now for any new user registering on groww to also open demat acc there which was not the case earlier.
@Vyom I couldn't find any rbi link but do see these 2 links.
thehindubusinessline.com/markets/paytm-money-to-make-demat-account-mandatory-for-mf-investment-from-july-25/article65606713.ece

economictimes.indiatimes.com/markets/stocks/news/paytm-money-extends-deadline-for-mutual-fund-investors-to-open-demat-account/articleshow/92857616.cms?from=mdr
 

shreeux

Movie Buff
Maybe if one directly buys from MF house but in case of 3rd party apps/sites everyone will move sooner or later to demat based system. Already Groww started doing this as it is mandatory now for any new user registering on groww to also open demat acc there which was not the case earlier.
@Vyom I couldn't find any rbi link but do see these 2 links.
thehindubusinessline.com/markets/paytm-money-to-make-demat-account-mandatory-for-mf-investment-from-july-25/article65606713.ece

economictimes.indiatimes.com/markets/stocks/news/paytm-money-extends-deadline-for-mutual-fund-investors-to-open-demat-account/articleshow/92857616.cms?from=mdr
If you buy in third-party app need Demat for safe...other than buying via any brokerage no need...they will add in Demat
 

thetechfreak

Legend Never Ends
Anybody here using 12% club or any experience with it?
Someone wrote this interesting reply on reddit a while back:

The idea is your money is split into small loans and split into multiple loans at 18%. Smaller loans would mean lesser risk and surely not everyone will default at the same time right?
US housing crisis 2008 happened cause of this. Loans were merged and sold together as an asset class. Surely people would pay their loans right? Well, as more & more riskier loans were given....we all know what happened next.
I see this as a parallel (somewhat), and won't be investing on this instrument.
EDIT: I am no financial advisor or SEBI registered. Pls talk to your advisor before making any investment decision regarding selling or buying.
 

Nerevarine

Incarnate
You can take a look at equitas & ujjivan small finance banks too then. Both have good financial fundamentals & Equitas even partnered with google pay for providing FD on their platform.
Whitestar whats the latest news on FD, based on interest rate. I need to park liquid funds until next year.
 

Vyom

The Power of x480
Staff member
Admin
Liquid funds is just a small part in Debt funds category. I am also trying to find a good debt fund, to park emergency money for short duration.
Unlike normal MF though, debt funds are very complicated. I came across these 3 videos where it have explained in a very good way. After watching this you should have a pretty good idea on how to find good fund for you and your goal:

1. *www.youtube.com/watch?v=LyePk679Crw
2. *www.youtube.com/watch?v=TDU8lve33KI
3. *www.youtube.com/watch?v=QzBcS_56V_w
 

pkkumarcool

Game & anime Lover
which mf are you guys invested in? What is your portfolio? I am looking for long term investment atleast 3+ yrs.
 
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