Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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-16.63% 2,401,555 Clients
Upstox Account Opening Enquiry
Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.
Upstox is a discount broker offering mutual fund schemes from 28 fund houses. All the schemes offered on the Upstox mutual fund platform are regular schemes. The broker doesn't charge transaction and brokerage fee for offering mutual fund services. You can open demat, trading and mutual fund account with Upstox for Rs 249. There are more than 2,000 mutual fund schemes from multiple fund houses.
The minimum investment requirement at the Upstox MF platform varies across different AMCs (Asset Management Companies). You can choose multiple schemes from different fund houses to diversify the portfolio which can bear the market swings.
The Upstox MF account doesn't need any minimum balance to maintain for investing in SIP. However, your linked bank account should have the required balance to deduct at each interval. You will need an online Demat account with Upstox for investing in mutual funds. Upstox doesn't allow NRIs to invest in mutual funds.
To open a Upstox MF account, it is necessary to open a Demat account with the broker first. If you have an Upstox Demat account, you can invest in mutual funds. There are no order placement charges at Upstox Mutual Fund Platform. However, while redeeming or selling mutual fund units, you have to pay Rs 18.50 as CDSL charges.
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Upstox Mutual Fund Account Opening Charges |
Nil |
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Upstox Mutual Fund AMC Fees |
Nil |
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Upstox Mutual Fund Transaction Charges |
Nil |
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Upstox Mutual Fund Commission |
1% to 1.25% a year |
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Upstox Mutual Fund DP Charges |
Buy - Nil; Sell - Rs.18.50 |
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Other Charges |
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With Upstox Mutual Fund, you are not required to open a separate account for mutual fund investments. Opening a Demat account with Upstox, opens a mutual fund investment option to the customers. If you already have an Upstox Demat account, you can use it to start investing in mutual funds. Here is how to access Upstox mutual fund platform:
A Systematic Investment Plan (SIP) is a disciplined way to invest a certain amount at regular intervals to fulfil your financial goals. While investing for the first time from the Upstox Mutual Fund platform for SIP, it is necessary to send an ECS mandate to Upstox. A bank ECS mandate permits automatic deduction of the SIP amount at a particular interval from your bank account. Depending on the bank, it may take 15-20 days to get the ECS mandate approved.
Investing in MF through SIP on the Upstox Mutual Fund platform is quite easy. Follow these steps to start a SIP:
Depending on the interval you have chosen, your account will be auto-debited to invest in SIP at regular intervals. It is necessary to maintain the required balance in the linked bank account to stay invested through SIP.
Upstox offers a web-based Mutual Fund platform to make mutual fund investing easy for the customers at a low cost. It is a completely free platform to invest in mutual funds. Upstox doesn't provide any recommendations on mutual fund investment schemes. All the schemes available on this platform are open-ended, which means there is no restriction on the number of units purchased in the mutual fund.
Here are the steps to start investing in mutual fund through Upstox Mutual Fund Platform:
Upstox also provides customer care support for investors. You can contact on 022-6130-9999 or write at support@upstox.com for any mutual fund related issues. Upstox live chat and Robo chat options are also available for customers.
Upstox offers a dedicated web-based Mutual Fund platform and doesn't charge any brokerage and transaction fee. Although, you have to pay CDSL charges while redeeming or selling out mutual fund units. Investors have a variety of options to choose from over 2,000 mutual fund schemes from 25+ fund houses. 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.
Started in 2011, Upstox is a low-cost discount brokerage firm in India. It has registration with BSE, NSE, and MCX as RKSV Securities. Upstox offers online trading and Demat services for investors. It allows investing across Equity, Derivatives, Commodity, Currency, and Mutual Fund. Recently, it has also launched an IPO investment application where investors can invest in an IPO online using the UPI mechanism.
Upstox offers advanced trading platforms such as Pro Web, Pro Mobile, Nest Trader and Fox Trader. It also has dedicated platforms to invest in mutual funds and IPO.
It is a limited-time offer. Open Instant Account and start trading the same day.
Yes, Upstox is a legitimate discount brokerage company in India registered with stock market regulator SEBI. It is also a member of all major stock exchanges including BSE, NSE, MCX. The company is a DP member of CDSL and NSDL.
Upstox Membership Registration Numbers
Your Upstox account gets deactivated or dormant if there's no trading activity for 6 months. However, your account will attract all applicable charges i.e. Demat AMC.
Unless you are holding stocks for the long team in your demat account or have a plan to trade in the near future, you should consider deactivating or closing the upstox account. This saves you money in terms of fixed costs like Demat AMC. It also saves you from misuse of your account by the broker or a hacker.
Steps to deactivate upstox account:
Upstox has a partnership with all the major banks (around 50 banks) to assist mutual fund investment. If you have a savings bank account with any of these banks, you can invest in mutual funds from the Upstox MF platform.
Yes, Upstox offers a mutual fund investment platform for investors. It doesn't charge any brokerage and account opening fee for mutual fund investments. You can invest in mutual funds either through SIP or lumpsum mode.
No, you cannot invest in direct mutual funds at the Upstox MF platform. Currently, the broker offers only regular mutual fund schemes for customers.
Investing in mutual funds with Upstox is quite an easy process. Here's how to buy mutual funds with Upstox-
Both the broker offers a dedicated mutual fund platform for the customers. Zerodha offers Coin platform allowing direct mutual fund investment where you don't have to pay any commissions. Whereas, Upstox offers a web-based platform of regular mutual funds where you have to pay commission. So, you can save more with Zerodha Coin than the Upstox Mutual Fund platform.
Upstox Mutual Fund offers 8 types of filters to help investors in choosing the right scheme for their portfolio. Here are the filters available with Upstox Mutual Fund login:
You can also search for a specific scheme by using the search option.
Upstox Account Opening Enquiry
Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.
Information on this page was last updated on Monday, April 8, 2024
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