Starting Mutualfund

[jimmy_moh]

Thanks for your inputs.

I have one more doubt in this am planning for these 4 funds
HDFC Top 200
SBI emerging
IDFC Premier Equity
UTI SPrEAD

But how to start all these, am having account in Citibank and SBI.

My 4 funds are with different firms, do I need to start account in all these banks?
Can I transfer money from my account to SIP?

[>take]

Thanks for your inputs.

I have one more doubt in this am planning for these 4 funds
HDFC Top 200
SBI emerging
IDFC Premier Equity
UTI SPrEAD

But how to start all these, am having account in Citibank and SBI.

My 4 funds are with different firms, do I need to start account in all these banks?
Can I transfer money from my account to SIP?

No need to open an account with any bank, you can buy the mutual funds from the fund house or any broker.
Check these threads to know more about MFs -
1- How to invest in a scheme of a mutual fund?
2- FAQ on Mutual Fund