{"id":864,"date":"2024-04-18T12:27:12","date_gmt":"2024-04-18T12:27:12","guid":{"rendered":"https:\/\/jamawealth.com\/askguru\/?p=864"},"modified":"2026-03-02T19:30:09","modified_gmt":"2026-03-02T19:30:09","slug":"which-is-the-best-way-to-invest-in-a-mutual-fund-through-karvy-or-through-a-direct-amc-website","status":"publish","type":"post","link":"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/18\/which-is-the-best-way-to-invest-in-a-mutual-fund-through-karvy-or-through-a-direct-amc-website\/","title":{"rendered":"Which is the best way to invest in a mutual fund, through Karvy or through a direct AMC website?"},"content":{"rendered":"\n

I would submit that both the options have their own challenges:<\/p>\n\n\n\n

An RTA Website:<\/strong><\/p>\n\n\n\n

  1. The RTA cannot provide all mutual funds in one place. They usually serve only a handful of mutual funds, about 10 or so.<\/li>
  2. RTA cannot provide investment advisory, i.e. recommend which funds to buy, when to buy, how much to buy based on your risk profile etc.<\/li>
  3. They may not have functionality like family portfolios, insurance planning etc.<\/li><\/ol>\n\n\n\n

    AMC Website:<\/strong><\/p>\n\n\n\n

    1. In most cases an AMC website also has the same issues like an RTA website (just that the number of AMCs = One!). They cannot advise you on funds or provide planning (it is out of their documents scope).<\/li>
    2. Tracking all your investments across various funds becomes a chore, eating up a lot of your precious time.<\/li>
    3. Funds may vary in performance across AMCs and it makes sense to track them on one platform.<\/li><\/ol>\n\n\n\n

      So what is the solution?<\/strong><\/p>\n\n\n\n

      Go for a trusted investment advisory app that helps you plan your investments in a transparent way. Do not fall for \u2018FREE\u2019 platforms as you would end up being the product (how else will the app sustain itself).<\/p>\n\n\n\n

      The worst part is you getting pushed wrong funds or products because the app has a vested interest in those products.<\/p>\n\n\n\n

      Jama<\/a>wealth.com\u00a0is a good option (disclosure: I am associated with Jam\u0101) offering investment advisory for a small fee<\/p>\n\n\n\n\n

      \n

      Maxiom Wealth \u2014 Free Tool<\/p>\n

      Is Your Mutual Fund Working Hard Enough?<\/h3>\n

      Two funds with similar star ratings can deliver very different outcomes. Use our fund comparison tool to check if you’re in the right scheme for your risk profile and investment horizon.<\/p>\n Compare Funds \u2192<\/a>\n Talk to a Financial Advisor<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

      I would submit that both the options have their own challenges: An RTA Website: The RTA cannot provide all mutual funds in one place. They usually serve only a handful of mutual funds, about 10 or so. RTA cannot provide investment advisory, i.e. recommend which funds to buy, when to buy, how much to buy… Read More »Which is the best way to invest in a mutual fund, through Karvy or through a direct AMC website?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,49],"tags":[],"class_list":["post-864","post","type-post","status-publish","format-standard","hentry","category-mutual-funds","category-platforms-and-demat-mutual-funds"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=864"}],"version-history":[{"count":1,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/864\/revisions"}],"predecessor-version":[{"id":3785,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/864\/revisions\/3785"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}