Mutual Fund - FAQ

What are mutual funds?
Mutual funds are investment funds managed by professional fund managers who pool money from individual investors to invest in various financial instruments ...
Thu, 19 Sep, 2024 at 12:17 PM
How can I invest in mutual funds?
Investing in mutual funds is simple: Download the Appreciate app and set up an account (if you haven’t already). Set up mutual funds (if you are no...
Thu, 19 Sep, 2024 at 12:18 PM
I have a minor PAN card. Am I eligible for investments in mutual funds?
No, as per SEBI regulations, the minimum age to invest in mutual funds is 18. Ensure you have a PAN card issued after you turn 18 before you register.
Thu, 19 Sep, 2024 at 12:19 PM
I am confused. How do I select the right mutual fund?
We understand it can be overwhelming. Use our "My Investment Calculator" to simplify the process. Note that this is not a buy or sell recommendati...
Thu, 19 Sep, 2024 at 12:19 PM
What is the difference between a regular and direct mutual fund?
The primary difference between a regular and direct mutual fund is the expense ratio. Regular mutual funds have higher expense ratios due to additional fees...
Thu, 19 Sep, 2024 at 12:19 PM
What is the NAV cutoff time?
NAV (Net Asset Value) cutoff time is the specific time during a business day by which investors can submit their applications or redemption requests for mut...
Thu, 19 Sep, 2024 at 12:20 PM
What is a benchmark index?
A benchmark index is a standard reference point representing a specific market or segment, used for comparing mutual funds. It helps in evaluating performan...
Thu, 19 Sep, 2024 at 12:20 PM
What is STCG and LTCG?
STCG (Short-Term Capital Gains) and LTCG (Long-Term Capital Gains) refer to the profits earned from the sale of investments. Short-Term Capital Gains (STCG...
Thu, 19 Sep, 2024 at 12:21 PM
Why do I have to re-authenticate for mutual funds?
Due to regulatory compliance, we must verify your data again to make you eligible for mutual funds. This verification involves submitting a selfie, signatur...
Thu, 19 Sep, 2024 at 12:15 PM
I haven’t completed my cash account setup for U.S. stocks, can I still invest in mutual funds?
Yes, you can invest in mutual funds without setting up a cash account for U.S. stocks. Just add a separate bank account for mutual funds from mini-modules, ...
Thu, 19 Sep, 2024 at 12:21 PM