Will every scheme under one particular AMC in online have different folios?

Yes, an investor can have multiple folios in the same AMC with or without different schemes. Even if the nominee name or the bank details or the holding pattern is same you can still invest through multiple folios by filling up fresh application forms each time you are investing in the same AMC.

What are the schemes available in mutual funds?

Open-ended Fund/ Scheme An open-ended fund or scheme is one that is available for subscription and repurchase on a continuous basis. These schemes do not have a fixed maturity period. Investors can conveniently buy and sell units at Net Asset Value (NAV) related prices which are declared on a daily basis.

Is Upstox good for mutual funds?

The Upstox Mutual Fund platform has a very simple and easy to use interface. Even new investors can use the platform quite easily, select and invest in a suitable mutual fund scheme for their portfolio.

How many mutual fund schemes are there in India?

There are as many as 44 AMFI (Association of Mutual Funds in India) registered fund houses in India which together offer more than 2,500 mutual fund schemes. The wide array of funds often make it a little difficult for investors to choose the best scheme for them.

How can I buy MF in Upstox?

To buy online, just visit your broker’s website. There is likely to be a dedicated mutual funds section for you to choose from. On Upstox’ website, you can access an exclusive mutual funds platform. Just choose the mutual fund you want to buy.

Which is the Best Broker in India?

Zerodha
Top 20 Share Brokers in India 2021

Is Zerodha Free for mutual fund?

No, Zerodha doesn’t charge a fee for investing in Mutual Funds (MF). Zerodha mutual fund charges are nil. On top, Zerodha offers ‘Direct Mutual Funds’ which results in an additional saving of over 2\% yearly to the investors. Zerodha is the first broker to offer direct mutual funds.