How to invest in Mutual Funds on INDmoney?

To add a mutual fund on INDmoney, you need to open an account on INDmoney, complete your KYC procedure, navigate to the mutual fund section, select the desired fund and initiate an investment either through a one-time purchase or a Systematic Investment Plan (SIP); you can also synchronise existing external mutual funds to track them in your INDmoney portfolio.

Key steps:

1. Create an INDmoney account: Download the app and register with your details.
2. Complete KYC: Present documents like a PAN and Aadhaar card to verify your identity.
3. Link your bank account: Link your bank account to enable easy transactions.
4. Access the 'Mutual Funds' section: Go to the "Mutual Funds" tab in the app.
5. Choose a fund: browse through the available investment funds and select one that matches your investment goals.
6. Invest: Decide whether you want to invest a lump sum or set up a SIP.

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