I wanted to invest my savings in mutual funds and not in RD or DBD bank accounts but had no idea on how to invest in Mutual funds. As I live in remote area of Himachal pradesh we don’t have many offices or firms here to help us invest in Mutual funds. And then one day I came across their zipsip advertisement on television and found what I was looking for.
Then I applied online for a SIP plan and further they called me back and helped me understanding mutual funds and also did my KYC through video confrencing. You just have to send ECS Mandate and one cancelled cheque for initiating ECS on your linked account.
Rest all formalities can be done through online correspondence. And before opening mutual funds account with myuniverse please make sure you have internet banking as they initiate first payment through internet banking only.