Can individuals invest surrounded by mutual funds minus the oblige of any agents or advisors?
If yes, how do you do it? Do you need any special accounts?Answers: Many mutual funds allow you to invest directly next to them. Check out the Yahoo!Finance or The Motley Fool section on Funds to digit out which...
yes
www.vanguard.com
http://equiserve.com/
It is not mutual funds, but individual stock accounts. You can uy stocks on your own and put money in on a monthly foundation or just one time. You can also dosh them out online of over the phone. (I used to work for them.)
You can also check online to see which funds let you buy directly. MFS used to allow it when I worked within.
In the U.S., yes. Go directly to the mutual fund house - they all own websites.
Do sbi provide trading ** demate acc?
Answers: SBI provides u a Demat account but not a trading account.
For providing trading services one has to be a member of a stock exchange like NSE or BSE ..and SBI is not a trading member..
U can go with any stock broking companies like
Kotak
share khan
Geojit
icicidirect
i suggest u take keep the demat and the trading account with a single person...i mean a single broker..for your convenience..
and for making the transactions easy and simple..
i wish u good luck...
Happy investing....!
Yes SBI offers Demat account
Open linked 3-in-1 account viz. a SB a/c, Demat a/c or DP a/c and Trading a/c. The linked account offers 24x7 investing, security, no paper work, easy transfer of funds, instant order confirmations, speed and transparency.
The product offering envisages opening of 3-in-1 account viz. Savings’ Bank/Current account with a Core branch of SBI, Demat account on Centralised DP of SBI and Trading account with MOSL.
Procedure to open 3-in-1 account:
1. Visit your nearest branch (click here to access the list of branches) for obtaining the 3-in-1 a/c opening form.
2. List of documents required -
a) Proof of identity - Copy of PAN Card-Three self attested Copies
b) Proof of address { Passport, Ration card, Voter’s ID, Driving license, Electricity bill (not more than 2 months old) or Landline Telephone Bill(not more than 2 months old)
c) 3 recent passport-size photographs
d) An account payee cheque for Rs. 600/- favouring “eZ-trade(a)sbi”. In case applicant already has a demat account, the cheque of Rs. 500/- will be required.
e) A cancelled cheque having applicants name printed on it or copy of bank pass book.
f) Client Master report on Demat account (to be generated from Bank Branch and not required to be signed)
If you already have bank account with a Core banking branch of SBI and /or Demat account with our centralized DP need not have to open these accounts. However, the you must have bank account with Internet banking and transaction rights. For your convenience, all three accounts will be mapped to enable him operate the account seamlessly.
3. After the 3-in-1 account form is duly filled and submitted, you would get your trading password which would be generated by the system and supplied to you in Pin Mailer within 10 working days.
For schedule of charges visit the following link
http://www.sbi.co.in/viewsection.jsp?lan...
Wich banks provide trading ** demate acc?
Answers: Almost all the banks provide the Demat accounts but not the trading accounts.
the following banks provide u both
1. ICICI Bank
2.HDFC Bank
3.KOTAK Bank
Other than the banks u can also check outh the stock broking companies for availing demat and trading services
like
Geojit financial services
sharekhan
india infoline
IL&FS
Motilal oswal
i hope this info is helpful to u
i wish u good luck
Happy investing..!
You can contact HDFC bank, ICICI bank ,ING VYsya bank who provide demat accounts and on line trading