Which is the best website to invest, redeem, swap/switch Mutual funds in India?

How long do they take to get latest NAV, for investment in mutual funds? (immediatly, one day, or more than one day)

what are their timings during the day to invest , redeem or switch MFs.?

What are their charges, Fees etc?
do they have any monthy, annual, initial startup fees or transactions fees etc?

please don't copy and paste your answer from the net, i will be happy to know about your personal experience in online mutual funds transactions

Hi,
- ICICI Direct and Reliance Money are the best if you want to do more than mutual fund purchase/SIP/SWP/redemption services. You could also use your banker's (ICICI, HDFC, Citibank etc) investment services but may not be as good as the other two in terms of integrated investment services. In HDFC you have the option of investing in funds via their ATMs also. So the basic answer is if you want to do only fund purchases use your current bank's services.
- All investments done prior to 1:30PM on a business day will be taken up the same day (at that day's NAV). Transactions submited after 1:30 will be taken up the next day. The above is applicable to providers like ICICI Direct. But as per SEBI guidelines the cutoff time for orders Non-liquid funds is 3PM and in Liquid funds it is 12PM.
- Most of the equity oriented schemes charge between 2.25% and 2.5% as the entry fees. Some charge even an exit fee of 0.5% if sold within 6 months of purchase. If you are buying debt funds, they don't have any entry/exit loads.
- ICICI Direct (integrated services - not just fund transactions) and Reliance money will charge account opening fees.

My experiences
I have used a number of service providers in the past including icici direct, kotak and some portfolio management services (like allegro etc). From my experience ICICI Direct gives you an overall good experience where you have the option of trading (equities/commodities/derivatives), buying/redeeming/switching mutual funds, investing in Postoffice, GOI bonds etc. Of late a lot of people have moved to Reliance Money mainly for the benefit of lower brokerage charges for equities. But for the mutual funds, both charge the fees as applicable by the AMCs or fund management.

Regards,
Ajith

Try out investing through Online Share Trading Sites like :
www.icicidirect.com, www.sharekhan.com.
Although , these are primarily share trading sites, you can also invest in Mutual funds through them.
And their user Interface is simply superb.

releance money is good and lover charges

the best legal and authorised site in mutualfundsindia.com

you can go to money control.com to buy the mutual fund.
you can switch the fund option like from growth to conservative or vice-versa through the fund company sites. this is not available in all co. i am using iciciprulife this site has it.
you can buy funds at any working hours in a day. end of the day only NAV will be fixed.
fee: entry and exit load will be there for new issues.
few brokerage firms are kotak securities, karvy, motilal oswal

for new issues you there be lock in period to sell.

www.vbulls.com gives general guidelines on investment

all r same

more on MF on my blog

icicidirct,com

As per my experience , ICICIdirect is the best. No fees is directly charged by any site for MF investment, but they will get from the MF company. NAV are latest on ICICI. Also order execution takes 2 days & get latest NAV if ordered before 1:30 PM.