Docstoc

ICICI Direct

Document Sample
ICICI Direct Powered By Docstoc
					www.icicidirect.com
How to invest in MF online?
Mutual Funds pool savings of a number of investors
under a scheme and invest the same in a variety of
financial instruments as per the stated investment
objectives. The investment objectives specify the class
of securities a Mutual Fund can invest in.

The income earned from these investments and the
capital appreciation thereon is shared by the scheme’s
unit holders in proportion to the number of units owned
by them.
                            Click on Login




This is the main page of ICICIdirect.com
            Enter your User ID

                                 Enter password

       Click here




With your User ID and password you can access
                 the entire site
This is the main page of the Mutual Fund section
Select your Non-PINS account (NPNRE or
NPNRO for investment on repatriable or non-
repatriable basis respectively)
You can allocate funds for investment in Mutual Funds by ‘Adding’
Allocation for ‘Mutual Fund, IPO & Others’. You can make
purchases only to the extent of the amount of Available Limit
You can also check at any time, the amount which can be further
invested in Mutual Funds.
Click on ‘Place Order’ link to place an order. Select the Mutual
Fund Company in which you want to place your order.
Along with the Fund Name, you can select the type of transaction
   from the following:
Purchase – To make fresh investment in a Scheme.
Redemption – To redeem your existing investment in a Scheme
Switch – To redeem your existing investment in a Scheme and
   invest the proceeds in another Scheme of the same Mutual
   Fund
Systematic Investment Plan – To give a Standing order to make
   ‘Purchases ‘ automatically at specified intervals in a Scheme.
Systematic Withdrawal Plan – To give a Standing order to make
   ‘Redemptions’ automatically at specified intervals from a
   Scheme.
Transfer In – To transfer your offline units held in a Scheme to
   online units on ICICIdirect so that redemption can be done
   online.
Select the type of order you wish to place
Select a scheme from the schemes offered by the Fund selected
by you and then click on Go.
Please note that if your request is placed after the cut-off time specified against the
Scheme, it is considered along with requests placed on the next business day. This
impacts the rate (Net Asset Value or NAV) at which your request will be processed.
In case of Purchase, you have to input the amount you wish to
invest and then proceed for confirmation. Also check the entry
load and exit load of the Scheme by clicking on the links.
You can check the status of your order in Order book. Your order
can be under one of the four stages.

Ordered: Order has been received by IWTL and will be sent to the
registrar for processing.

Under Process: The order has been sent to the registrar for
processing and a confirmation is awaited.

Executed: The order has been accepted by the registrar. In case
of Purchase, units have been allotted. In case of Redemption, the
redemption proceeds will be credited by the Mutual Fund as per
the payout Schedule.

Rejected: The order has been rejected by the registrar.
You can also check the status of orders over past dates by
entering appropriate from and to dates
Order book gives the details of all the orders placed.
‘Unit Holdings’ give you a details of your holdings you have in the
schemes of all mutual fund companies. Click on ‘View’ to view
details of transactions done by in a particular scheme.
In case of Redemption, you have to input either the no. units or
the amount you wish to redeem and then proceed for
confirmation.
‘Switch’ option enables you to transfer funds from one scheme to
another scheme of the same AMC. You need not carry our
separate redemption and purchase transactions for the same.
Under ‘Systematic Investment Plan’ you can decide upon the amount and the
time intervals at which you wish to make fresh investments in a particular
scheme. Automatically on the said dates, money will be debited from bank
account and a purchase request will be sent to the Mutual Fund.
Under ‘Systematic Withdrawal Plan’ you can decide upon the amount and the
time intervals at which you wish to redeem investments from a particular
scheme. Automatically on the said dates, a redemption request will be sent to
the Mutual Fund and the funds will be credited by the Mutual Fund to your bank
account.
If you have existing investments in Mutual Funds made other than
through ICICIDirect, you can convert them into online units on
ICICIdirect. For this you need to fill in the TI request form and take
a NOC letter from your existing distributor and submit the two to
ICICIDirect.
TI book gives you the status of the Transfer In requests placed by
                               you.
You can modify the current Dividend re-investment option for all Dividend
schemes through the ‘Modify Dividend option’ hyperlink. A blank signifies that
dividend is to be paid on declaration. A tick signifies that the dividend payable
on declaration is to be reinvested automatically in the same Scheme for fresh
units.. Update as desired and click on ‘Modify’ to confirm.
The screen on clicking ‘Dividend Payout’ link will give you details
of dividend that have been credited to your bank account for the
specified period and specified Fund(s).
Cash flow section provides the details of funds flow in and out of
your bank account, resulting out of redemption and purchase
transactions respectively.
This page will help you track all the dividends that have been
declared by a company.
The ‘mutual funds’ section on the website has rich information and
‘Finder’ tools to help you take an informed investment decision. It
will help you decide on the Mutual Fund and its Scheme in line
with your objective.
Happy Investing!!!!!

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:4
posted:10/9/2012
language:English
pages:29