How To Purchase or Buy SBI Mutual Funds Online?

Finance Guru Speaks: In this article, I am writing on how you can purchase or buy SBI Mutual Funds Units Online.

First of all you should register yourself to SBI Online MF website and get your SBI MF Online Username and Password. Although Mutual Fund Houses allow you to invest without registration, but I suggest you to register your existing folio & create your online MF account for better tracking purpose and further convenience.

Ensure to provide your Email ID and Mobile Number correctly when you buy SBI MF for the first time through SBI MF Offices/CAMS Offices. Once you have your Existing Folio No. with correct Mobile No. & Email ID, you can register for online MF account using this link. 

SBI MF Online Registration

After you register successfully, you can login to SBI MF Online website using your Username and Password.

Follow below steps to purchase SBI MF Scheme Online:-

Open SBI MF Online website by clicking here. Enter your Username (i.e. Folio No.), Password and click on Login button.

SBI MF Online Login

Click on Invest Online option, select your Folio and click on Purchase; as shown below:

Click to enlarge - SBI MF Online Purchase

Enter the details of the Mutual Fund, Amount to be invested, Bank Name, Bank Account and click on Buy. Remember to select Broker Code as Direct to save any commissions:

Click to enlarge - SBI MF Online Purchase

Confirm the entered details.

Congratulations!! You have successfully purchased SBI MF Units online. 

For more Learning, Please visit "At A Glance" Section.

How To Purchase or Buy SBI Mutual Funds Online?
Reviewed by: Finance Guru Speaks on Oct 20 2014
Rating: 4