Moneyyline Solutions: Benefits of MF-IN-DEMAT

Simplicity & ease : You can purchase / redeem / flexi SIP in over 1,000 schemes through NSE.
Instant order placement : Now you can place or modify orders instantly between 9.00 am and 2.00 pm.
Dematerialised mutual fund units : You can transfer your existing mutual fund portfolio to your demat account.
Single view of all your holdings : You will have a consolidated demat statement showing a single view of all your holdings in equities and mutual funds across AMCs.
Instant transaction proof : You can view order details instantaneously on placing orders on the MF-IN-DEMAT platform.
No additional KYC : For demat account holders, no additional KYC is needed.

Disciplined investing : Through SIP you can choose to invest fixed amounts (as low as Rs500) in a mutual fund scheme at regular intervals (like every month or every quarter) for a chosen period of time (say for a year).
Accumulate wealth : Set aside a small amount every month through SIP and achieve financial goals like buying a car or a house.
Beat inflation : Equity investing can help you combat inflation that diminishes the value of your savings.
Rupee cost averaging : A regular investment in a mutual fund scheme can reduce the cost of acquiring mutual fund units over a longer period as you end up buying more units when the price is low and fewer units when the price is high.
Fewer efforts : You can start an SIP by simply placing an order by logging on to Sharekhan's online mutual fund page. Click on the "SIP" button and fill in the SIP amount, SIP date etc and provide the information asked by the system.

Tax waiver (ELSS) : Tax benefit on investments up to Rs100,000.
Lower lock-in-period : These schemes have a lower lock-in period of three years compared to the other tax saving avenues. A mandatory lock-in for three years inculcates a long-term investment habit.
Superior return : Investments in equity over a long term have historically delivered better returns than the "guaranteed return" avenues.
Tax-free gain : Dividends and long-term gains are tax-free (these schemes give you the twin options of tax savings and capital gains).
SIP : Investors can opt for a systematic investment plan and keep on investing small amounts periodically, say on a monthly basis.

A passively managed mutual fund that specialises in the purchase of securities that match or represent a specific index and tries to mirror the performance of a specific index, such as the BSE Sensex. Since portfolio decisions are automatic and transactions are infrequent, expenses tend to be lower than those of actively managed funds.

Log on to www.sharekhan.com and click on “Login”.
Click on “Mutual Funds”.
A welcome screen will be displayed after accepting terms and conditions.
For the first time log in on the online mutual fund page; click and accept terms and conditions.
Click on “Place Order”.
Transfer funds from the bank account to the mutual fund pool account or allocate funds from the trading account to the mutual funds pool account.
Select scheme available under MF-IN-DEMAT and confirm order.
Successful order placement page is displayed.

Moneyyline Solutions