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Which one is more economical buying units from agent like karvy or directly from mutual fund?


i had bought hdfc taxsaver units last year from elite which cost me higher than nav.
can now i directly buy from hdfc by depositing lower portion of statement
can i dposit cheque at any branch of hdfc bank or i will have to go to c.p. office

Dear, HDFC bank will charge entry load from you. HDFC bank is agent of HDFC MUTUAL Fund & so you do not get rebate of Entry load. For skipping entry load , you will have to go to CAMS centre or HDFC Mutual fund office

Yes, if you invest directly through the mutual fund co. there would not be any entry load with effect from 4th Jan 2008.You can invest the same through CAMS office which is there in barakhamba road or you can check the other locations through www.camsonline.com.Moreover check out the HDFC MUTUAL fund's site and find out the investment centre locations there also you can deposit.
For any other query call me at 9999003787.

It is better if you do online purchase from fund house. you have to get IPIN from hdfcmf.com---no charges.


You register for MF purchase in your HDFC account
you can purchase on line . you dont have to give cheque.
You will have to pay 2.25% or whatever is applicable charge

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