In the past decade or so, online investing has captured the imagination of a substantially large chunk of investors, which is precisely why online investment platforms have witnessed an unprecedented surge in demand. Today, the young, less experienced investors find it exceedingly easy to invest online owing to the multiple pros of this method. Right from the low entry fee to seamless access to overseas markets, from low brokerage charges to 24×7 access to their accounts and the convenience to do transactions from any place with internet access – investors have a myriad of reasons to invest online.
If you too are looking forward to investing online, but don’t know where to start, here’s a comprehensive guide on how to invest online!
How to Invest in Mutual Funds Online?
In the present day scenario, a vast majority of fund houses offer the much-needed facility to invest online. You can do so, simply by visiting the official website of your chosen fund house and follow the instructions provided therein. Usually, you will need to provide your personal identification information, complete with your Aadhaar number and PAN for your KYC. Once the information is verified by the service provider, you will be able to start investing. As you might have noticed, the process is simple, easy, and for the most part hassle-free!
To know the difference between Bonds &
Debt Mutual Funds, click here.
How to Invest in Bonds Online?
The Reserve Bank of India encourages investors to purchase government securities or government bonds online, to make the process convenient and more importantly accessible for all investors alike. In order to do so, however, you need to have a Demat Account to hold your investments. In the case you are interested in corporate bonds, with the help of a trusted site like GoldenPi, you can follow these simple steps to start investing in corporate bonds online –
- Complete the KYC by uploading your Aadhaar number and PAN online
- Choose the bonds that resonate well with your investment goals
- Make your investment online, by making the payment towards the selected bond. Once you do so, your purchased bonds will reflect in your Demat Account
A Quick Guide to the Bond Investment Process for Retail Investors
How to Invest in Gold Bonds Online
In order to purchase the Sovereign Gold Bond, you can easily apply online through the website or the mobile app of any of the listed scheduled commercial banks. The RBI encourages investors to buy Gold Bonds online and even offers an incentive in the form of a discount of ₹ 50 per gram on the nominal value to those investing online.
Fixed Income Securities: Gold Bonds, FDs, PPF, & Bond-ETF
To know more about Fixed Income Securities, click here.
Is It Safe To Buy Gold Bonds Online?
Sovereign Gold Bonds is an initiative by the Government of India which enables interested investors to invest in gold as opposed to physically holding gold. For what they’re worth Sovereign Gold Bonds are the safest way to invest in Gold, as you will be issued a Certificate of Holding on the date of issuance of the SGB. Moreover, you are entitled to the opportunity of asset appreciation, complete with an assured interest of 2.50% per annum.
We hope that all your questions regarding investing online and whether it is safe to invest online have now been answered! If you still have any apprehensions with respect to the process, you can always rely on a trusted platform like GoldenPi, which essentially democratizes bonds and debentures among individual investors across India. Through the platform, you can conveniently explore and purchase bonds. What’s more? The platform offers assistance at every step of the way, right from opening a Demat account for you to ensuring that the purchased units are transferred to your account.
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