FundsIndia.com is proud to introduce its revolutionary process - 'Instant Investing'. Using this, you can start investing in top mutual funds in India without any signatures or paperwork, and that too, in just 5 minutes! This is truly a milestone for mutual fund investors in India, and we are the first and only platform to have made this possible.
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Instant Investing with FundsIndia.com
1. Instant Investing @ FundsIndia.com!
We are proud to announce that FundsIndia.com has become the first online platform to enable
completely paperless account opening for mutual fund investing! And that too in just 5 minutes!
With ‘Instant Investing’, bid farewell to boring paperwork and invest in just 5 minutes!
That’s right – now, an investor can go from zero to investment in 5 minutes flat
with our ‘Instant Investing’ process that requires no signature or paperwork.
This is truly a milestone for mutual fund investors in India and we are the first and only
platform to enable this for investing in schemes across mutual fund companies.
All we require from an investor to be able to go through this ‘green channel’ for investing are the
following:
1. The investor must by KYC verified with CVL KRA
2. The investor should have a bank account in one of the 11 supported banks (all major
banks included – SBI, ICICI, HDFC, Axis, etc.)
3. The investor must email us a photocopy of his cancelled cheque leaf to start investing
If these are met, an investor can simply come to FundsIndia.com, enter his PAN and bank
details, and accept the terms of the website. This, along with the uploading of the cheque image,
will immediately qualify him for making investments in any one of five different mutual fund
companies that we have currently enabled for this facility.
The five mutual fund companies that accept investments presently for such investors are:
1.
2.
3.
4.
5.
Birla Sun Life Mutual Fund
ICICI Prudential Mutual Fund
L&T Mutual Fund
IDFC Mutual Fund
PineBridge India Mutual fund
2. We are adding more AMCs to this list and we expect this list to double in size within a few days.
This has been the result of tireless work from all our teams – especially, technology and
operations – who made this possible. We made this happen by working with multiple AMCs,
payment gateways, and KRAs. Our thanks to them for making this a reality!
We are expecting our Instant Investing process to come in really handy for the upcoming tax
saving season as ELSS funds from the above-mentioned fund houses will soon be just 5 minutes
away. Investing in tax-saving funds just got so much simpler!
To invest in schemes from other mutual fund houses, you will have to complete our customary
registration process (that doesn’t take too long too!). FundsIndia’s Instant Investing process
doesn’t just revolutionize investing; it revolutionizes your life too. You no longer have to wait to
invest. By just giving a few details, you can invest in about 500 mutual fund schemes from the
above-mentioned fund houses!
Investing cannot get more exciting than this, can it?