How to open a mutual account with HDFC

Discussion in 'Money Matters' started by adinil, Feb 10, 2015.

  1. adinil

    adinil Silver IL'ite

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    Few Queries.Please reply


    • How to open a mutual fund account with HDFC
    • How much time we should hold a MF
    • Any HDFC mutual fund you can suggest
     
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  2. adinil

    adinil Silver IL'ite

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  3. sunita1211

    sunita1211 Silver IL'ite

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    Why not with SBI,

    The website of SBi is in itself very helpful and you will not have to ask so here and there.
    They provide guidelines in investing in Mutual Funds , Mentiuon their Benefits & also provide Mutual Fund Comparison
     
  4. blackbeauty84

    blackbeauty84 IL Hall of Fame

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  5. rajmumbai

    rajmumbai New IL'ite

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    I have aaccount with HDFC Bank for mutual funds. They call it ISA Account. The charges are 150 + tax every quarter. Visit any of their branch and tell them you need to open ISA account.

    You should invest in Equity MF for long term (5-7 years +). The longer, the better. You can start SIP (monthly investment) in MF's. It's important to invest consistently and not sell when market is down.

    Some of the good MF's from HDFC are "HDFC Equity" and "HDFC Top 200"
     
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