Buying Mutual Funds online in India

Saving money for the rainy day is not enough, we all know that money should be 'Invested' for it to grow and help with our future needs. One of the key avenues for investment in modern times is Mutual Funds. The advancements in Financial Services has brought Systematic Investment Plan (SIP) to the benefit of the customer. One can invest small amounts of money every month - regularly - in a mutual fund, who in turn would invest in equity or debt markets on behalf of their customers.

How does one go about investing in mutual funds? We can approach regular brokers (like Geojit, ICICIDirect), company specific agents (Reliance Mutual Fund) or buy from 3rd parties who offer mutual funds of different companies. Once we buy from any of them how do we track them? How do we assess at any given point in time the value of our mutual fund portfolio and decide whether we want to sell or hold a particular Fund / Scheme.

You might be interested to check out http://moneysights.com. This site helps to discover, manage, plan and buy mutual funds. There are no charges to create an account or use the entire service including buying of the funds (no transaction fee). You just need to pay for the actual mutual fund. Mutual Fund  being one of the must-have investment vehicle, I think we can get more insights in mutual funds from this moneysights site :-)