Mutual Fund - FAQ
Yes, you can still invest in mutual funds. Add a bank account specifically for mutual funds from the mini modules → bank account section and use it for all ...
Thu, 19 Sep, 2024 at 12:21 PM
As per SEBI regulations, every mutual fund investor must submit their nominee's consent. This ensures that in the event of the investor's demise, th...
Thu, 19 Sep, 2024 at 12:22 PM
You can add up to 3 nominees, applicable to all your folios. Make sure to enter all details correctly. You must distribute 100% of the allocations among the...
Thu, 19 Sep, 2024 at 12:22 PM
If your nominee is under 18, you can add the details of a guardian who is above 18.
Thu, 19 Sep, 2024 at 12:23 PM
It's simple: Search for the fund you wish to invest in. Scroll to the bottom and click on "One-Time." Enter the amount and other deta...
Thu, 19 Sep, 2024 at 12:24 PM
Yes, certain funds have a lock-in period, meaning your funds will be locked for a specific duration (e.g., 1 year). In the case of ELSS, there is a mandator...
Thu, 19 Sep, 2024 at 12:25 PM
To make a one-time investment in mutual funds, you will place a UPI lump sum order. The process is simple: Select one of your registered bank accounts. ...
Thu, 19 Sep, 2024 at 12:25 PM
We apologize for this experience. There can be multiple reasons for the failure: Entered less than the minimum investment required. Did not select the...
Thu, 19 Sep, 2024 at 12:25 PM
When you need money or have reached your investment target, here are the steps to withdraw your funds: Go to the portfolio. Go to Mutual Funds. Scr...
Thu, 19 Sep, 2024 at 12:26 PM
If your withdrawal order has failed, there could be multiple reasons for the failure: Entered a withdrawal amount more than your investments. Some ban...
Thu, 19 Sep, 2024 at 12:26 PM