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Www.icicidirect.com How to invest in MF online?. Mutual Funds pool savings of a number of investors under a scheme and invest the same in a variety of.

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Presentation on theme: "Www.icicidirect.com How to invest in MF online?. Mutual Funds pool savings of a number of investors under a scheme and invest the same in a variety of."— Presentation transcript:

1 How to invest in MF online?

2 Mutual Funds pool savings of a number of investors under a scheme and invest the same in a variety of financial instruments as per the stated investment objectives. The investment objectives specify the class of securities a Mutual Fund can invest in. The income earned from these investments and the capital appreciation thereon is shared by the scheme’s unit holders in proportion to the number of units owned by them.

3 Click on Login This is the main page of ICICIdirect.com

4 Enter your User ID Enter password Click here With your User ID and password you can access the entire site

5 This is the main page of the Mutual Fund section

6 Select your Non-PINS account (NPNRE or NPNRO for investment on repatriable or non- repatriable basis respectively)

7 You can allocate funds for investment in Mutual Funds by ‘Adding’ Allocation for ‘Mutual Fund, IPO & Others’. You can make purchases only to the extent of the amount of Available Limit

8 You can also check at any time, the amount which can be further invested in Mutual Funds.

9 Click on ‘Place Order’ link to place an order. Select the Mutual Fund Company in which you want to place your order.

10 Along with the Fund Name, you can select the type of transaction from the following: Purchase – To make fresh investment in a Scheme. Redemption – To redeem your existing investment in a Scheme Switch – To redeem your existing investment in a Scheme and invest the proceeds in another Scheme of the same Mutual Fund Systematic Investment Plan – To give a Standing order to make ‘Purchases ‘ automatically at specified intervals in a Scheme. Systematic Withdrawal Plan – To give a Standing order to make ‘Redemptions’ automatically at specified intervals from a Scheme. Transfer In – To transfer your offline units held in a Scheme to online units on ICICIdirect so that redemption can be done online.

11 Select the type of order you wish to place

12 Select a scheme from the schemes offered by the Fund selected by you and then click on Go. Please note that if your request is placed after the cut-off time specified against the Scheme, it is considered along with requests placed on the next business day. This impacts the rate (Net Asset Value or NAV) at which your request will be processed.

13 In case of Purchase, you have to input the amount you wish to invest and then proceed for confirmation. Also check the entry load and exit load of the Scheme by clicking on the links.

14 You can check the status of your order in Order book. Your order can be under one of the four stages. Ordered: Order has been received by IWTL and will be sent to the registrar for processing. Under Process: The order has been sent to the registrar for processing and a confirmation is awaited. Executed: The order has been accepted by the registrar. In case of Purchase, units have been allotted. In case of Redemption, the redemption proceeds will be credited by the Mutual Fund as per the payout Schedule. Rejected: The order has been rejected by the registrar.

15 You can also check the status of orders over past dates by entering appropriate from and to dates

16 Order book gives the details of all the orders placed.

17 ‘Unit Holdings’ give you a details of your holdings you have in the schemes of all mutual fund companies. Click on ‘View’ to view details of transactions done by in a particular scheme.

18 In case of Redemption, you have to input either the no. units or the amount you wish to redeem and then proceed for confirmation.

19 ‘Switch’ option enables you to transfer funds from one scheme to another scheme of the same AMC. You need not carry our separate redemption and purchase transactions for the same.

20 Under ‘Systematic Investment Plan’ you can decide upon the amount and the time intervals at which you wish to make fresh investments in a particular scheme. Automatically on the said dates, money will be debited from bank account and a purchase request will be sent to the Mutual Fund.

21 Under ‘Systematic Withdrawal Plan’ you can decide upon the amount and the time intervals at which you wish to redeem investments from a particular scheme. Automatically on the said dates, a redemption request will be sent to the Mutual Fund and the funds will be credited by the Mutual Fund to your bank account.

22 If you have existing investments in Mutual Funds made other than through ICICIDirect, you can convert them into online units on ICICIdirect. For this you need to fill in the TI request form and take a NOC letter from your existing distributor and submit the two to ICICIDirect.

23 TI book gives you the status of the Transfer In requests placed by you.

24 You can modify the current Dividend re-investment option for all Dividend schemes through the ‘Modify Dividend option’ hyperlink. A blank signifies that dividend is to be paid on declaration. A tick signifies that the dividend payable on declaration is to be reinvested automatically in the same Scheme for fresh units.. Update as desired and click on ‘Modify’ to confirm.

25 The screen on clicking ‘Dividend Payout’ link will give you details of dividend that have been credited to your bank account for the specified period and specified Fund(s).

26 Cash flow section provides the details of funds flow in and out of your bank account, resulting out of redemption and purchase transactions respectively.

27 This page will help you track all the dividends that have been declared by a company.

28 The ‘mutual funds’ section on the website has rich information and ‘Finder’ tools to help you take an informed investment decision. It will help you decide on the Mutual Fund and its Scheme in line with your objective.

29 Happy Investing!!!!!


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