How to invest in SBI mutual fund through Investap mobile app?


Hello guys in the last blog we have discussed on how to register in SBI mutual fund app and complete e-KYC. After registration ande-KYC verification you can invest in SBI mutual fund through mobile app. Now we are discussing how to invest in SBI mutual fund through Investap mobile app.


Actually you can invest in SBI mutual fund using any demat account. But who has no any demat account and want to invest in SBI mutual fund online then how to invest in SBI mutual fund online for the first time.


Many customers want to know how to invest in SBI mutual fund online through SBIMF app or website. Therefore we are discussing the process on this article. Now in the next paragraphs we are going to describe the step by step process.


How to invest in SBI mutual fund SBIMF mobile app:

Before going to invest in SBI mutual fund using investap mobile application you should register in SBI mutual fund app and verify your KYC online. Which we have discussed on the last article published in this website. If you have completed the process then follow the following steps to invest SBI mutual fund. Here we are discussing how to invest lump sum amount in SBI mutual fund.


STEP 1: First Go to SBI mutual fund app on your mobile and login to the application using MPIN or fingerprint.


STEP 2: As you login to the app you are asked to enter your PAN number, enter your PAN number and click on ‘Check investment status’ button.


STEP 3: In this page you are asked to set up your mutual fund account. You need to go through three steps the first one is ‘verify your PAN’ which we have done then create your profile and browse scheme. These steps are displayed on the screen. Now click on ‘SET UP PROFILE’ button.


STEP 4: Now we are on ‘create new folio’ page. Select applicant type as ‘individual’ first and click on ‘Next’.


STEP 5: In this step you need to fill the investor’s details. You have to enter your mobile number, email address, occupation, DOB, gender and address of investor. Enter all the details correctly and click on ‘Next’.


STEP 6: Select mode of holder as ‘single’ on this page. You also have the option of selecting holders as ‘Joint’ and ‘joint anyone/survivor’.


STEP 7: You will be redirected to declaration page. In this page you need to enter your place of birth, country of birth and nationality. You have to answer another four questions. Here it askes ‘Are you a politically exposed person’ select the answer as ‘No’.

‘I am a tax resident of any country other than India’ don’t turn on the button against this question.


‘I/we are not resident of US or Canada’, turn on the button for this question.


‘I/we confirm that I/we am/are not an NRI’, turn on the button against it.

Finally click on ‘Next’ button.


STEP 8: In this step you will be on the nomination details page. Here trick on the box before ‘I want to add a nominee details’ if you want to add nominee. Un-trick the box if you don’t want to add nominee.


Enter the nominee name, relationship, date of birth and allocation percentage. Click on ‘Add another nominee’ if you want to add another nominee, otherwise click on ‘Next’ button.

STEP 9: An OTP will be sent to your registered email and mobile number to approve the nominee. Enter the OTP and click on ‘Submit’.


STEP 10: In this page your bank account details will be displayed. Here you will find the account details which you have entered at the time of registration in SBI mutual fund app. Click on ‘Next’ button.


STEP 11: Now you are ready for investment. Your folio number will be generated and displayed on the screen. You are asked to ‘Set up OTM’. Set your OTM if you want otherwise click on ‘Set up later’.


STEP 12: You will be on the fund selection page. Find the fund name you want to invest on the search bar. And click on the fund name.


STP 13: The details of fund will be appeared on the screen. On the bottom of the page you will fund a button ‘Invest Now’. Click on this button.


STEP 14: Select the investment type lumpsum of SIP. We select lumpsum here. Enter the amount you want to invest. For lumpsum you have to invest minimum Rs.5000/- for the first investment. Thereafter you can do investment of Rs.1000/-, 2000/-, 3000/- etc.


Enter the amount you want to invest and click on the tab ‘invest in this fund’.

STEP 15: You are on the investment confirmation page. Here you will find fund name, folio number and selected amount for invest. Click on ‘Proceed to pay’.


STEP 16: Now select your payment method, you can select internet banking, UPI, debit card, credit card etc. Then click on ‘Continue’ and complete your transaction.


STEP 17: After successful transaction reference Id, folio number, etc. and successful message will be displayed.


Now after one day you will see your investment value on your account dashboard. This is the process how to invest in SBI mutual fund through SBI mutual fund mobile application. This process is also described on the following video. Watch the video to know the process.



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