Comment on Introducing Balance - Clever ways to save
I can say it as clever idea but not a very good idea. Will be more useful if we have option to deposit and withdraw directly using net banking. Now every time I have to fund KITE account which will be charged 9 Rs for each transaction and my money will be invested in ICICI regular mutual funds and not in direct fund. This way I will be loosing lot of money say around 10 Rs for 100 Rs invested.
I am not going to invest in this until net banking feature is provided.