Bank for various investment products...!

[Asmic]

Which bank is good for investment products (Mutual Funds, Stock etc.) and for overall Wealth Management among the following?

• IndusInd Bank
• Kotak Bank
• Axis Bank
• IDFC First Bank

HDFC bank experience is not good and it is not easy to invest/track the investment on Mobile/Net banking and hence wanted to know your thoughts on above banks.

 

[TechnoFino]

Which bank is good for investment products (Mutual Funds, Stock etc.) and for overall Wealth Management among the following?

• IndusInd Bank
• Kotak Bank
• Axis Bank
• IDFC First Bank

HDFC bank experience is not good and it is not easy to invest/track the investment on Mobile/Net banking and hence wanted to know your thoughts on above banks.

Try ICICI wealth Management

 

[asen]

Why invest in mutual fund through a bank. Banks don’t offer Direct funds. Better use some apps like Groww, ET Money etc for mutual fund investment. They offer direct mutual funds. You will save a lot in long term.

 

[Anurag]

Use Groww app or any apps of this category to invest in mutual funds.

 

[Asmic]

Thanks asen & Anurag. Yes, I understand and agreed to your suggestions. The best way to invest in MF is through app like ET Money etc.

However, the reason I was thinking about the bank was maintaining TRV (Total Relationship Value) for Wealth Management account. Instead of going with FD to maintain TRV, I thought of MF/Demat balance with the Bank.

 

[shubhamaggarwal]

Why invest in mutual fund through a bank. Banks don’t offer Direct funds. Better use some apps like Groww, ET Money etc for mutual fund investment. They offer direct mutual funds. You will save a lot in long term.

Use AMFI made portal, mfuonline