Can I buy direct mutual funds online?

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Are you a day trader?

Yes, you can buy direct mutual funds online. Stock brokers like Zerodha, and 5paisa have dedicated online mutual fund platforms wherein you can invest in mutual funds in a few minutes.

Steps To Buy Direct Mutual Funds online

  1. Visit the company's online mutual fund platform. For example, Zerodha has a Coin platform.
  2. Open an account and link your demat account with it.
  3. Transfer funds to your account
  4. Search for the desired fund and enter your order details like investment amount, investment type (SIP/lump sum) etc.
  5. Review and confirm

Note: Some stock brokers like Zerodha may need you to compulsorily open a demat account with them to be able to invest in mutual funds.


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