This topic describes the information about Purchase Funds - Existing screen. User can place purchase orders either one time or Systematic Investment Plan (SIP) or Standing Instruction (SI) type with this option.

This option allows the retail investor/ user to place purchase orders either one time or Systematic Investment Plan (SIP) or Standing Instruction (SI) type for buying one or more units of the mutual fund schemes which is currently owned by the investors.

To purchase the mutual funds:

1. Navigate to one of the above paths.
   The Purchase Mutual Funds screen appears.
2. In the Search for new mutual fund to purchase or pick one of your existing funds field, select the Existing option.

   Figure 4-5 Purchase Mutual Funds – Existing Funds

   
   

   
   Description of "Figure 4-5 Purchase Mutual Funds – Existing Funds "

   
   

   Note:

   The fields which are marked as Required are mandatory.

   For more information on fields, refer to the field description table.

   Table 4-5 Purchase Mutual Funds – Existing Funds - Field Description

   Field Name	Description
   Fund Details	Information specified in below fields are related to fund details.
   Search for new mutual fund to purchase or pick one of your existing funds	Options for the user to select a new mutual fund to purchase or to purchase additional units of a scheme he already has invested in. The options are: New Existing
   Investment Account	The investment account to which the current purchase order belongs.
   Risk Profile	The risk profile of the selected investment account. For more information on Risk Profile, refer Risk Profiling section.
   Scheme Name	Name of the fund/ scheme which user intends to purchase for current purchase order.
   Purchase Type	Type of purchase order user wishes to place. The options are: Onetime - This type of purchase order allows the retail investor placing order for one time lump sum purchase. SIP - A SIP (Systematic Investment Plan) is an investment vehicle that allows the users to invest small amounts periodically or at regular frequency instead of lump sums. Dates and frequency of investment are specified by the fund house. SI - Standing Instruction allows the users to set instructions for purchasing the mutual funds at regular intervals. Dates and frequency of investment are of customer’s choice.
   Recommended Funds/ Top Purchased Funds	Information specified in below fields are related to recommended funds/ top purchased funds.
   Scheme Name	Name of the funds/ scheme as recommended by the application/ or that are mostly purchased by the investors.
   Latest Price	The current price of the recommended funds/ top purchased funds.
   Returns in% (1 Month/ 3 Months/ 1 Year/ 3 Year/ 5 Year)	The past rate of return that the fund has earned (recommended / top purchased) over a period.

3. From the Investment Account list, select the investment account to which the current purchase order belongs.
4. From the Scheme Name list, select the fund/ scheme which user wants to purchase.
5. Repeat the steps 7 to 12 of Purchase Funds - New section.