Electronic funds transfers (EFTs) can be used to make regular investments in mutual funds from a checking or savings account.

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Electronic funds transfers (EFTs) are a convenient way to make regular investments in mutual funds from a checking or savings account. This process is often called automatic investment plan (AIP) or systematic investment plan (SIP). The investor can set up a schedule to transfer a fixed amount of money from their bank account to the mutual fund account on a regular basis, such as weekly, monthly, or quarterly. This allows the investor to put money into the market on a consistent basis, regardless of market conditions or their own schedule.

Electronic Funds Transfers (EFTs) Can Be Used to Make Regular