A lumpsum or a One-Time investment is a single purchase transaction in a mutual fund scheme.
Steps for placing a lumpsum order:
From the explore funds page, select the scheme in which you would like to invest and enter a lumpsum amount.
Choose the Folio Number, if you have an existing Folio Number in that AMC, if not request for creation of a New Folio.
Select the payment method [Net Banking, One-Click Pay or NEFT/RTGS] and complete the payment for your order.
That's it you are done, the order will be processed on the business day of order placement and unit allocation will reflect in your account on the next business day.
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