Sundaram BNP Paribas Mutual has put up a new web page for online transactions. In it they promise to provide a Direct Payment Gateway for online Mutual Fund Purchases, thereby enabling investors to avail the new No Load option given to direct purchases from the AMC.
A welcome move! I look forward to using the service when it is available.
Till then you will have to put in a hardcopy request the traditional way to avail the No Load option. This means filling out the form, signing a cheque and driving down to the nearest Sundaram or CAMS office.
For Hyderabad the Sundaram office is at:
V V Vintage Boulevard
F.No.203, 2nd Floor,
Raj Bhavan Road,
Fax: 040 23390815
And the CAMS office at:
102, First Floor
Secunderabad – 500 003
040-3918 2471, 73
Fax : 040-3918 2472
Do remember that CAMS is open only till 1.00 p.m. on Saturdays. I think they open for business at 10.00 am.