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My problem with investing in mutual funds – is it yours too?
For most of us, investing in mutual funds is a big pain. First, you have to get through the ordeal of selecting the right few funds from amongst the hundreds on offer. Then, you have to actually make those transactions. For me, the latter is a bigger issue.
Talking of transactions, I am not a fan of paper. Not just for the sake of the environment but also for the inconvenience it creates. Too many forms, cheques, signatures, KYCs and what not.
Also, I want to route my investments directly to the mutual fund. In other words, I do not want to use a distributor. I will give the reasons in a while.
So, I have always been looking for a solution that makes it super easy and convenient to manage my mutual fund investments and allows me to transact easily. I am sure you too look for the same.