How to invest in existing mutual fund through MF Central?

 


Hello guys in this article we are going to discuss on the topic how to invest in existing mutual fund through MF Central. If you are a mutual fund customer and you have invested in any mutual fund. If you want to deposit money in your mutual fund through MF Central mobile app or website then how to do it.

 

It does not matter in which mutual fund you are investing. You can invest money through MF Central. Many times Mutual fund customer needs to maintain different apps for different mutual fund investments. But if you register in MF Central app or website then you can manage all your mutual funds from this account. It will not matter in which mutual fund or for which fund house you are investing. You can manage it from MF Central.

 

Hence if you want to invest through MF Central then read this article.

 

How to invest in existing mutual fund through MF Central:

We are discussing the process of investing money in mutual fund through MF Central mobile app. Hence if you have not registered in MF Central app before, then register first and then follow the following steps.

 

STEP 1: Go to MF Central mobile app and login to your account.

 

STEP 2: Now you are on the dashboard of your account. Click on the three line option on the left top corner of the page.

 

STEP 3: A list of some options will be appeared on the screen. Click on the option “Transact” out of them.

 

STEP 4: You will be redirected to the commercial transaction page. Here you will see an option “Invest More”. Click on this option here.

 

STEP 5: Now you will see your invested mutual fund folios on the screen. Select the mutual fund in which you want to invest money and click on ‘Submit”.

 

STEP 6: You will be redirected to investment page. Select the investment details option as lumpsum or SIP. We select lumpsum here and enter the amount on the box. Then trick on the box before “I hereby agree to the terms & conditions” and click on “Invest”.

 

STEP 7: An OTP will be sent to your registered mobile number. Enter the OTP and verify.

 

STEP 8: Select the payment option on this page and complete the payment. You can one time mandate, internet banking, UPI etc. for payment.   

 

After successful payment your money will be invested on the mutual fund investment within two working days.

 

This is the process how to invest money in mutual fund in MF Central.

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