FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Fyers Mutual Fund Investment 2024

Rated 4/5 by InvestorGain Team
Fyers Securities Mutual Fund Investment
Open Fyers account online and enjoy Free Equity Delivery, Flat ₹20/trade for F&O, and Intra-day. Avail special offer with us and Get Your AMC Waived Off Forever!

Fyers, the online discount broker, offers a direct mutual fund investment platform - Fyers Direct. The platform offers direct mutual fund programs for stocks, bonds and hybrid asset classes from 49+ fund houses. The Fyers Direct platform allows free mutual fund investments with no brokerage fees or commissions. Every mutual fund purchased through the platform is credited to the Fyers Demat account. Thus, the Demat account is a single account for stock and mutual fund investments. On this page you will find all the information about Fyers mutual funds, including Fyers Direct Platform features, MF account opening fee, brokerage fees, customer service details and more.

Fyers Mutual Funds Account Opening Process| Open a Fyers MF account

A Fyers mutual fund account is a requirement to invest in direct mutual funds at Fyers. The technology-driven stock brokerage firm offers a simple and hassle-free account opening process.

Steps to open a Fyers mutual fund account

  1. Visit the Fyers website.
  2. Under the Products tab, click on the "Fyers Direct" option.
  3. Click on the "Open an Account" option at the top.
  4. Enter your email and mobile number, then enter your email and mobile number/OTP to verify.
  5. Enter your personal information and bank account details to complete the account opening form.
  6. Upload scanned or soft copies of the required documents.
  7. Once your information is verified, your account will be activated.

Note: If a client has opened a Fyers Demat and Trading account, you only need to activate the BSE-MF segment in your account to start exploring mutual fund investments.

Fyers Mutual Fund Account Opening Charges

S. No. Particulars Charge
1. Fyers Mutual Fund Account Opening Fee Free
2. Fyers Mutual Fund Account AMC Charges Free
3. Fyers Mutual Fund Brokerage Free

Fyers Mutual Fund Brokerage

  • Fyers Direct is a free mutual fund investment platform with no brokerage fees, commissions or hidden costs. Thus, investing in direct mutual funds through Fyers Direct is free with no fees.

Fyers Direct mutual fund investment platform

Fyers Direct is the online web trading platform to invest in direct mutual funds from 49+ AMCs. Any client who has opened a Fyers mutual fund account can access the Fyers Direct platform and invest in the direct MF. The web-based platform offers several features, here are the details:

  • Free direct investment in mutual funds.
  • Stock, bond and hybrid funds from more than 49 mutual fund companies.
  • Instant investment and redemption.
  • Intelligent mutual fund recommendations.
  • Access to the best performing mutual funds.
  • Track your mutual fund portfolio anytime, anywhere.
  • Invest either through SIP or in lump sum mode.
  • Add money via different modes, e.g. UPI, IMPS, NEFT or RTGS.

Fyers Direct mutual fund app

  • Go to the Fyers Direct web platform.
  • Click on the "Sign in" option.
  • Enter your login credentials, i.e. username and password.
  • Select the program you want to invest in.
  • Tap on the "Start SIP" button.
  • Enter SIP amount and frequency and select SIP date.
  • Make the payment of the first installment.
  • Now you have successfully started SIP investments with Fyers.

Advantages of Fyers investment funds

  • Allows you to invest in direct mutual funds.
  • Free MF investment with no brokerage fees.
  • Stock, bond and hybrid funds from 49+ AMCs.
  • Fyers Direct - a dedicated web-based mutual fund investment platform.

Fyers Mutual Fund Disadvantages

  • It does not offer mutual fund research.
  • Unlike Zerodha Mint, Fyers does not have a dedicated mutual fund investment.

Fyers Mutual Fund Customer Support

Bring up your mutual fund concerns or questions immediately via email or phone. Here are the details:

Fyers Mutual Fund Helpline Number 080-66251111/ 080-46251111
Fyers Mutual Fund Customer Care e-mail [email protected]
Request call back from Fyers

FAQs

Yes, in August 2020, the discount broking firm Fyers has launched Fyers Direct – direct mutual fund investment platform. Investment in direct mutual funds through Fyers is completely free at nil brokerage, commission, or subscription fee and offers you greater return on investment. Fyers through collaboration with 49+ AMCs offers customers a wide range of mutual fund schemes.

 

Fyers Direct is a dedicated web-based mutual fund investment platform that can be accessed on any supported browser. The web-based platform has thousands of schemes from 49+ fund houses and allows zero brokerage or commission-free direct mutual fund investment.

 

Fyers Direct platform has made mutual fund investment super-easy and even faster. Here are the steps to start SIP through Fyers Direct;

  1. Visit Fyers official website.
  2. Under the “Products” tab, click on the “Fyers Direct”.
  3. Tap on the “Login” option and enter username and password to login your account.
  4. Start exploring scheme and select the scheme/s of your choice.
  5. Tap on the “Start SIP” option.
  6. Enter details like SIP amount, frequency of payment, date and place SIP order.
  7. Pay first SIP installment and your investment is done!

 

Customers can either start SIP or invest lumpsum amount in direct mutual fund through Fyers Direct platform.

Steps to invest lumpsum in mutual fund with Fyers Direct

  • Visit the Fyers Direct web platform.
  • Select the right scheme.
  • Click on the “Lumpsum” option.
  • Enter amount and confirm order.
  • Make payment of the lumpsum amount.
  • Upon successful payment, your investment is done.

 

No, Fyers App is the mobile app for trading and investment on BSE, NSE, and MCX but the app doesn’t facilitate online mutual fund investment. Fyers Direct is the only web based mutual fund investment platform offered by the broker.

 

Last Updated on 2024-05-31