FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Paytm Moeny Account
Open Paytm Money account online and enjoy brokerage Free mutual fund investment, Maximum ₹20/trade. Avail special offer with us - Free brokerage for 15 days.Invest in Direct mutual funds for free with Paytm Money app. The broker through a tie-up with 40 leading AMCs offers a plethora of schemes from the top fund houses like HDFC, Reliance, ICICI, Axis, and more. Paytm Money App and Web are the commission-free direct mutual fund investment platform that charges 0 brokerages on Mutual fund investment through SIP and lumpsum. Paytm Money App is an all-in-one mobile app that offers multiple features i.e. smart and powerful search filters, comprehensive portfolio insight, free risk profile assessment, get instant mutual fund statement, Insta redemption, and mutual fund ratings by agencies like Morningstar, CRISIL. Paytm is also a SEBI registered investment advisor that provides mutual fund advisory services with hand-picked investment packs. Check out the process on how to start mutual fund SIP with Paytm Money, charges, Paytm mutual fund app, and more.
Paytm Money offers zero brokerage or commission-free mutual fund (Direct Plan) investment at nil subscription fee or transaction cost. Check the complete charges list here;
Paytm Money Mutual Fund Brokerage | Zero |
Paytm Money Mutual Fund Commission | Zero |
Paytm Money Account Opening charges | Rs. 200 (Digital KYC Charges) |
Paytm Money Mutual Fund AMC charges | Free |
Paytm Money Mutual Fund Other charges | No hidden charges |
One who has opened Paytm Money Demat Account will have free access to the MF investment platform as there is no need to open a separate Paytm Money Mutual Fund Account. The broker charges Rs. 200 (Digital KYC Charges) Fee and no separate charges are levied on MF Account.
To register KYC for the mutual fund investment process, users need to submit the following list of documents;
Paytm Money has a single login credential to access Demat or Mutual Fund Account. Here are the steps to log in to the Paytm Money MF Account;
Paytm Money offers a 100% paperless mutual fund investment process through two modes; SIP and lumpsum. SIP is the most preferred route because of the benefits of cost averaging and systematic investment. Here is the process to start MF SIP in Paytm money;
Paytm Money app is a single app for all your investment and trading needs. The Paytm Money mutual fund app comes with a host of features like;
Paytm Money Mobile app is available to download on the Play store as well as the App Store for Android and iOS devices. Here are the direct links to install the app on your phone.
Mutual Fund withdrawal process is as easy as the investment process and takes a few minutes to place the withdrawal request on Paytm Money App. Here are the steps on how to withdraw from Paytm Money Mutual Fund App;
Note:
Paytm Money Mutual Fund Withdrawal charges | Free |
Paytm Money Mutual Fund DP charges | Free |
Paytm Money Mutual Fund Helpline Number | 0120-4770-440 |
Paytm Money Mutual Fund customer care E-mail | [email protected] |
Alternatively, you can raise a ticket on the Paytm Money App under the “Customer Support” option and the team will respond to it within 24 hours.
Yes, investing in mutual funds through Paytm Money app is absolutely safe due to the following reasons:
You can invest in mutual funds through the Paytm Money app using the following payment modes;
Paytm Money Insta redemption is a facility to redeem liquid mutual funds investment and get the money instantly within 30 minutes into your bank account. Notably, an investor can redeem 90% of his investment amount in liquid mutual funds restricted to a maximum withdrawal limit of Rs. 50,000 per day.
Paytm Money Super Saver Fund is a liquid fund available with an instant redemption facility. Thus, super saver funds allow customers to manage their savings smartly and get an instant withdrawal of up to 90% of their investment or Rs. 50,000, whichever is lower. For instance, Nippon India Liquid Fund, ABSL Liquid Fund, ICICI Prudential Liquid Fund, Kotak Liquid Fund, etc. are some of the top super saver funds.
Steps to access Instant Redemption facility through Paytm Money app:
Note: Instant Redemption only allows you to withdraw 90% of your invested sum or Rs. 50,000, whichever is lower.
Paytm Money allows its customer to invest either through SIP (Systematic Investment Plan) or lumpsum. Here are the steps on how to invest lumpsum using Paytm Money Mutual Fund App:
Paytm Money app is a simple, convenient, and transparent mutual fund investment platform to invest in mutual funds.
Steps to start SIP in mutual fund through Paytm Money app
Paytm Money allows customers to switch their external investment in regular plans across different platforms i.e. ET Money, Zerodha, Groww, MyCAMS, etc. to direct plans through below steps;
Note: Consolidated Account Statement (CAS) is a consolidated view of all your mutual fund holdings and it can be downloaded from Karvy and CAMs.
Switch to direct mutual funds through Paytm Money
Cut-off timing in mutual funds decides the NAV applicable on your MF buy or sell orders. If you have placed an order before the cut-off timing and you will get mutual fund units at the NAV of same day and after the cut-off, next day NAV will be applicable on your investment.
Paytm Money MF Cut-off time
Liquid and overnight funds (Buy) | 1:30 PM |
Liquid and overnight funds (Sell) | 3:00 PM |
Other MF schemes (Buy and Sell) | 3:00 PM |
Paytm Money offers a 100% digital mutual fund KYC registration process to start investing in direct mutual funds at zero brokerage, commission, or subscription fee. Here are the steps to do mutual fund KYC on Paytm Money;
Once all the details are verified then you will be notified of successful KYC registration.
Yes, in 2017, Paytm Money started as a free direct Mutual Fund platform with collaboration over 38+ AMCs. Investment in direct mutual fund schemes with Paytm is charged with nil brokerage, commission, or fee. Customers are free to start flexible SIP or invest lumpsum money in their favorite scheme. People can purchase direct MFs through Paytm mobile app or web platform.
Last Updated on 2023-12-22