Who can open an account with PowerMF?
Any resident Indian desirous and eligible for investing in Mutual Funds in India
can open a PowerMF account. This includes Individuals, HUF, Minor (through their
Natural Guardian) Corporate clients (separate form).
The procedure for opening an account for an NRI is separate and this is expected
to be launched soon.
How do I upgrade from one scheme to the other schemes?
You can upgrade your account to higher levels at any time during the period when
your account is active. The upgradation charges payable will be the difference between
the amount payable for the new level reduced by the amount already paid for the
current level.