Product Details
Brokerage and Fees
Investment Fee: INR 100 per mutual fund scheme if the investment is greater than INR 10,000.
Commission: INR 0.
Account Opening Charges: INR 0.
Account Opening Fees
INR 0
Eligibility
Any Indian resident can apply.
Annual Fees
INR 0
myCAMS Mutual Funds App Review
Special Features
Features
Cons
Dated old style look and feel of the app.
Research tools offered by MyCams app have limited functionality in comparison to new age competitors.
Pros
Apps allows you to maximize your tax saving through tax harvesting features.
App offers unique features such as voice command.
You can schedule buy/sell transaction for future.
Low investment charge of INR 100 per mutual fund scheme.
Pros and Cons
How to Apply?
Visit the myCAMS website or download the app: Go to the myCAMS website (https://mycams.camsonline.com/) or download the myCAMS app from Google Play Store or App Store.
Register as a new user:Online: Click on 'New User Registration' and enter your registered email ID and captcha.
App: Click on 'Register Now' and enter your registered email ID. You will receive a confirmation email with your login password.
Log in to your account: Use your registered email ID and password to log in to your myCAMS account.
Complete your profile: Update your personal details, including PAN, date of birth, bank account details, and nominee information.
Start investing: Once your profile is complete, you can start investing in mutual funds by selecting the schemes you want to invest in and the amount you want to invest.
Documents Required
PAN card, Aadhaar, bank account details, photographs.
Account Opening and Procedures
Documents Required
PAN card, Aadhaar, bank account details, photographs.
How to Apply?
Visit the myCAMS website or download the app: Go to the myCAMS website (https://mycams.camsonline.com/) or download the myCAMS app from Google Play Store or App Store.
Register as a new user:Online: Click on 'New User Registration' and enter your registered email ID and captcha.
App: Click on 'Register Now' and enter your registered email ID. You will receive a confirmation email with your login password.
Log in to your account: Use your registered email ID and password to log in to your myCAMS account.
Complete your profile: Update your personal details, including PAN, date of birth, bank account details, and nominee information.
Start investing: Once your profile is complete, you can start investing in mutual funds by selecting the schemes you want to invest in and the amount you want to invest.
Account Opening and Procedures
MyCAMS Mutual Funds App Review
MyCAMS charges a nominal commission of INR 100 per mutual fund scheme if the investment is greater than INR 10,000. It offers a number of unique features such as digisip, etc. However, the look and feel of the app is not intuitive and is dated.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Recommedation For Stock Market Investment
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