InvestorQ : What is the complete process for investing in debt funds in India?
leah Diaz made post

What is the complete process for investing in debt funds in India?

seema Upadhyaya answered.
5 months ago
The process for investing in a debt fund is as follows-

Visit the mutual fund house's website and click on the 'buy now/ invest' option.

The portal will require the PAN Card details of the investor to validate the KYC compliance since no investment can be made in mutual funds by a non-KYC compliant investor. Once the KYC compliance status is verified, the investor must enter the investment details and proceed towards the payment for such a transaction.

Once the payment is completed, the mutual fund house sends an acknowledgment. The account statement containing the details of units allotted and NAV applied will be shared over e-mail within 1-2 working days.

You can also look at various financial apps and websites that give you the option of investing through them. The advantage here is you get to choose between a myriad of options from various mutual fund houses. You can select and invest in multiple funds from different fund houses.

You just need to be sure that the portal you are choosing is genuine, verified and safe. So make sure to choose companies /portals/apps that have a good reputation and long standing experience.