How to Buy Mutual Funds Online?

If you're ready to invest in mutual funds, you have many options to buy them online.

Mutual funds can be purchased not only through partner banks, but also through various securities firms and marketplaces that offer digital transactions, such as general marketplaces (Tokopedia and Bukalapak), mutual fund marketplaces (Bareksa, Invisee & Kelola), and securities firms (Indo Premier Sekuritas, Mandiri Sekuritas, BNI Sekuritas, Danareksa Sekuritas, Mandiri Sekuritas & Trimegah Sekuritas)

You can start buying mutual funds by registering with any of the platforms mentioned above. Generally, you only need to fill in your personal details and upload a photo of your ID, which can be done anytime. The mutual fund registration process typically takes around 10 minutes on average, with verification taking approximately 1 x 24 hours. Once verification is complete, you'll usually receive a notification via email and you'll be ready to transact.

how to invest in mutual funds

Starting transactions is also easy. You simply open the digital platform where your identity is registered and view mutual funds based on type, performance and Investment Manager name. In addition to return percentages, select the mutual fund you want. Usually sorting features will be available, where you can also monitor other important things - the performance stability of the mutual fund, especially if you intend to invest long-term. You can find this information in the Fund Fact Sheet and Prospectus.

Once you've made your choice, you simply click the buy button and pay according to the terms. Payment is also easy - you typically only need to transfer to the specified bank. Don't worry because the account name registered must match the name registered for the mutual fund. At this stage, you also need to check whether there's a unique code that must be included in the transfer description, and don't forget to confirm payment on the relevant platform.

Easy, isn't it? It's almost the same process as shopping on your usual e-commerce platform. So, when will you start investing in mutual funds?