Mutual funds are one of the most popular investment vehicles today. Mutual funds allow investors to get the highly lucrative returns that the stock market can offer while also making the entire process much more convenient. With mutual funds, investors don’t need to individually vet stocks but can rely on fund managers to make the best decisions on their behalf. But despite this convenience, many would-be investors are confused about how to buy mutual funds. 

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

That’s why purchasing mutual funds online through platforms like Axis Mutual Funds can be hugely beneficial. One of the biggest advantages of buying them online is the fact that it takes less than a minute to finish the transaction instead of the much longer offline process. 

The Axis Mutual Funds platform offers several other benefits when buying mutual funds online. Investors can use multiple payment methods, including UPI, NAV, and RTGS, while also easily purchasing different mutual fund schemes using investment packs and an e-commerce-like investment cart. 

The platform helps inventors choose the right mutual fund scheme for their financial goals. Based on an investor’s lifestyle plans they can choose mutual funds that can help them prepare for goals like wealth accumulation, retirement, children’s education and more.

The platform offers tools like SIP calculator and ELSS calculator in order to achieve and understand your financial goals. Based on their goal, the time horizon, their target amount, and the risk appetite investors have, the platform suggests different mutual fund schemes to investors. 

Online platforms also provide daily market updates. You can easily check the status of your investments and mutual fund schemes through daily market updates that help you keep on top of what is happening on Dalal Street. But if you are feeling overwhelmed with the dozens of options and need some help then investors can also refer to the platform’s knowledge library called the Knowledge Centre. The Knowledge Centre contains all the information you need in order to understand everything about mutual funds. From short and digestible video lessons to quick infographics, there’s plenty of information. If you want some personalised investment advice, then investors can also use the platforms chatbot and WhatsApp chat that are integrated into the website

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

 

(Above mentioned article is a sponsored feature, This article is a paid publication and does not have journalistic/editorial involvement of IDPL, and IDPL claims no responsibility whatsoever.)