Launched in April 2022, m.Stock is the broking platform created by the Asset Management Company Mirae Asset. As of July 2024, m.Stock had an active base of 4,83,858 customers.
m.Stock is a free demat share market app that allows users to invest in stocks, mutual funds, IPOs, ETFs, and more.
m.Stock offers zero commission on Direct Mutual fund investments. It offers effortless, paperless mutual fund investing in over 5,000 investment funds on a single platform, with no commission charged.
The company has tie-ups with more than 40 asset management companies through which inventors can invest in Debt, Hybrid, Equity, and Money Market Funds.
mStock Mutual Fund Investment - Key features
- Zero Commission Investment
- Invest in SIP & Lumpsum Mutual Fund
- 1% Extra Return on Direct plans
- More than 5,000 schemes with 40+ AMC registered with m.Stock
- Switch from one portfolio to another without any hassle
- Place an Order with just 2-clicks
- 100% online and Paperless Mutual Fund Investment
- Better Investment decision by using Mutual Fund Calculator
Steps to Invest in Mutual Fund with m.Stock(SIP)
- Login to the m.Stock App
- Click on Menu
- Click on Products>>Mutual Funds
- Scroll to the Section of “Start an SIP”
- List of Mutual Funds with show-up
- Select the fund you want to invest in using Equity, Debt, Hybrid & ELSS filters.
- Funds can also be sorted as per the returns or ratings
- Then Click on the “SIP” Button
- Enter the desired amount or select from the pre-defined amount given in the app
- Select a date when the SIP amount will be deducted from your account, as you prefer.
- Uncheck the button if you want to wait to pay the first installment. In that case, the first installment will be debited on your set date.
- Register for AutoPay to Invest in SIP. This is a one-time registration process in which the investor's bank debits a specific amount on a particular date as per their instructions.
- If you are already registered for autopay, Click on Create Mandate and start SIP.
- If you want to make a lump sum payment, Click on the Lumpsum tab.
Steps to Invest in Mutual Fund with m.Stock (Lumpsum)
- Login to the m.Stock App
- Click on Menu
- Click on Products>>Mutual Funds
- Click on Invest Lumpsum tab
- Select the fund you want to invest
- Click on UPI or NetBanking to enter payment details
- Click on the “Invest in Lumpsum Tab”
Benefits of Investing in Mutual Funds
- Diversify your investments across different sectors, asset classes, and fund houses to safeguard yourself from market volatility.
- Invest in a thoughtfully curated and diversified portfolio of stocks by experts.
- Invest just Rs 500 via SIPs and witness the power of long-term compounding.
- 5,000+ mutual fund schemes across various asset classes.
- Invest in direct plans and save big on commissions and management fees
- 100% online, hassle-free, paperless mutual fund investing
- Switch from regular plans and transfer your investments to m.Stock to earn higher returns
m.Stock Mutual Fund charges
There are no separate brokerage charges for investing in Mutual Funds through m.Stock. Investors need a Demat and Trading account to invest in Mutual Funds through m.Stock.
m.Stocks Mutual Fund Customer Care
You can contact m.Stock customer care by:
- Call: 1800-2100-818
- Email: help@mstock.com
- Visiting the address: 1st Floor, Tower 4, Equinox Business Park, LBS Marg, Off BKC, Kurla (W), Mumbai - 400 070
m.Stock's operational hours are Monday through Friday, 9 AM to 6 PM