- On-line via Dmat account
- Advantages:
- NAV of that day is allocated, if traded
during the AMC’s trading hours (usually between 10AM to ~3:30PM) - One place and easy
management of investments - Easy & Transparent money
transfer - Saves time spent in following up
compared to other options - Can implement own plan without
any change in decisions made - All features of being
on-line
- NAV of that day is allocated, if traded
- Disadvantages:
- Costs 2.5% of processing
commission/service charge - Depends on Computer
technology (Software, Internet, trading site being on-line)
- Costs 2.5% of processing
- Advantages:
- Directly with the AMC
- Advantages:
- NAV of that day is allocated, if traded
during the AMC’s trading hours (usually between 10AM to ~3:30PM) - One place and easy
management of investments - Easy & Transparent money
transfer - Saves time spent in following up
compared to other options - Can implement own plan without
any change in decisions made - All features of being
on-line
- NAV of that day is allocated, if traded
- Advantages:
- Costs 2.5% of processing
commission/service charge - Depends on Computer
technology (Software, Internet, trading site being on-line)
- Via consultants/brokers
- Advantages:
- Saves time spent on reaching AMC’s and filling up the application forms
- If the consultant/vendor is well trusted in field and you personally know about the representative, can really make your investment easy
- You can demand for explanation of every unclear part of investment like scheme details, pros & cons and transaction confirmations
- Advantages:
- Adds another intermediary level for all communication
- Adds delay and can change the whole plan of investment due to delay
- Costs 2.5% and is being taken away as their commission and may also need to pay service charges
- Possible that they also mis-guide you to reach their targets of selling certain schemes/funds or due to their insufficient knowledge in the field
- Need to follow up to get the transaction confirmations
- Need to understand the conditions set by vendor/consultant
