Friends,
I have a icicidirect acct and i am happy with it for both my MF as well as Equity investment. I have a friend who wants to invest newly and has 2 things the pan card and a NRE account. She doesnot want to go through the hassles and bindings of icici as one has to open acct with both direct and bank and then link them. besides she find their charges and support charges are high.
Now i found this on Livemint that the 2 platforms mentioned in the subject offer a free service to apply across all the funds. Both sites look good but there is no place to know their reliability and risks.
Can someone help. Fundsmart is recognised and Fundsindia is fairly new.
Are these platforms relaible and what is the catch that they offer services free for?
Just want to be cautious before i get someone to hook up to any of these. Your expert replies will be appreciated. I would also welcome comments from current users to let me know if it ok to advise the 2 platforms to anyone.
cheers
Lawrie
I have a icicidirect acct and i am happy with it for both my MF as well as Equity investment. I have a friend who wants to invest newly and has 2 things the pan card and a NRE account. She doesnot want to go through the hassles and bindings of icici as one has to open acct with both direct and bank and then link them. besides she find their charges and support charges are high.
Now i found this on Livemint that the 2 platforms mentioned in the subject offer a free service to apply across all the funds. Both sites look good but there is no place to know their reliability and risks.
Can someone help. Fundsmart is recognised and Fundsindia is fairly new.
Are these platforms relaible and what is the catch that they offer services free for?
Just want to be cautious before i get someone to hook up to any of these. Your expert replies will be appreciated. I would also welcome comments from current users to let me know if it ok to advise the 2 platforms to anyone.
cheers
Lawrie