Investing the right amount of time and money is always the risk. We cannot predict the future but we can predict the amounts, and on the funds, we are investing. To be an instance, I am talking about the SBI Mutual Funds.
SBI Mutual Funds offers approx 147 schemes to investors. It offers 29 equity schemes, 82 debt schemes, 26 hybrid schemes, and 10 ETFs. There is minimum risk in investing in mutual funds. However, this article is all about creating an investor profile and getting logged in to the SBI MF portal.
How to Register in SBI MF Portal?
To invest in the SBI Mutual funds, you need to get yourself registered as a member to start the portfolio. You can follow the steps given below to become a member of SBI MF.
- First, open the SBI MF website. You can open it by clicking here.
- After that, click on the new customer button.
- A page will appear on the screen.
- You now have to fill in all the required information in the application form.
- Once done, click on the register button.
- You will get the login credentials on the email.
- That’s it.
SBI MF Login: How to Login into the Portal?
We have completed the registration process, it is now time to get logged in to the SBI MF portal. You can quickly log in by following the steps below.
- First, open the SBI MF website. You can open it by clicking here.
- After that, click on the login button.
- You now have to enter the user id and password.
- Once entered, click on the login button, and you will get redirected to the dashboard.
You may also like to read, SBI Saral – One Touch Internet Banking Portal of State Bank of India
How to Switch Funds online in SBI Mutual Funds?
There is an option to switch funds in SBI MF. Meanwhile, you can transfer the other funds to the target funds.
For example, you are transferring the full amount of Funds A to the target Funds B.
For doing this, you can follow the steps that we have added below.
- First, open the SBI MF website. You can open it by clicking here.
- After that, click on the login button.
- You now have to enter the user id and password.
- From the dashboard, click on the portfolio summary and then on the folio view.
- On the next screen, you need to select the folio number and broker district.
- After that, select the source and the target funds.
- Select the amount and switch units, and click on the transfer funds.
- On the next page, read the switch summary and click on the proceed button.
- That’s it. You have successfully switched the source funds to the target funds online in SBI MF.
Conclusion
Let me wrap it up. SBI Mutual Funds is an investment platform for people who are interested in investing in long term mutual funds online. In this article, we have added all the information that one needs to know for getting logged in to the SBI MF Portal and start investing.
If there are any queries? Feel free to ask us in the comments section.
What did we learn?