Table of Contents
- 1 Is it good to invest in mutual funds through Sharekhan?
- 2 Does Sharekhan offer direct mutual funds?
- 3 What is Sharekhan mutual fund fee?
- 4 Can I start SIP in Sharekhan?
- 5 What is AMC in Sharekhan?
- 6 What are the brokerage charges for Sharekhan?
- 7 Should you invest in mutual funds directly or through a broker?
- 8 What is the difference between AMC charges and brokerage charges?
Sharekhan is among the most trusted mutual fund providers in India. They assign a personal relationship manager providing investment advice and tips to the individual clients. It doesn’t charge any brokerage, entry load and commission.
No, Sharekhan does not offer Direct Mutual Funds. Direct Mutual Funds give additional returns to investors (around 1\% yearly) as the Mutual Fund AMC doesn’t have to pay commission to the agents like Sharekhan.
Is it possible to buy shares of a mutual fund directly from the fund instead of through a broker?
There are 2 major ways by which you can invest in mutual funds directly without a broker. You can walk-in to the branch office of the mutual fund house and fill up the application forms yourself.
1. Does Sharekhan charge transaction fees for mutual funds? No, Sharekhan doesn’t charge transaction fees from investors. It provides a completely free InstaMF mutual fund platform.
You can start a single-stock SIP or invest through a basket of stocks. With Sharekhan, you can create your own SIP basket or choose from over 100 stocks that are tracked by our Fundamental Research team.
How can I get mutual fund from Sharekhan?
Steps to download Profit and Loss Report from Sharekhan
- Log in to Sharekhan portal. Access the Sharekhan portal and login to your account.
- Search for Scrip summary. Do this from the search bar.
- Now you can now view your Scrip summary. From the dashboard.
- Click on the Excel sheet. Click on download your scrip summary.
To open Sharekhan account you have to pay account opening charges and annual maintenance charges (AMC).
For Sharekhan, the brokerage is 3 paise per 100 paise for each intraday transaction. The amount is 30 paise per 100 paise for delivery. 5. Services and charges Many DPs offer a varied set of services to demat account holders.
How much is the mutual fund agent commission?
How much is the mutual fund agent commission? The difference in expense ratio between the Regular plan and Direct plan is the brokerage commission that goes to the mutual fund broker/agent. From this, we get the mutual fund agent commission rate which is at – 0.5\% to 1\% of your investment value.
Should you invest in mutual funds directly or through a broker?
If you are investing in mutual fund schemes directly, you will be charged less management fees by the mutual funds company. Therefore your returns in direct plans will be slightly better than the returns you make in regular plans through a mutual fund broker. So you may want to know, “How to buy mutual funds without a broker or agent”.
What is the difference between AMC charges and brokerage charges?
Most DPs charge an AMC. However, a few tend to waive the charges for the first year and later charge on the basis of the number of transactions made in a year. Online investment portals tend to charge much lower AMCs than banks. 4. Brokerage charges You pay for services rendered during the buying and selling of shares.