Goal Management
A goal gets automatically deleted after 8 days if there is no investment after the goal was created. You can create a goal again by clicking on "Add new goal" button.
Yes, you can invest in Fixed Deposits, Recurring Deposits and Mutual Funds against a single goal. You can do multiple investment by clicking on Top-Up in the Goal Details section.
Yes, you can invest a lesser amount than the suggested amount. You can also top-up your savings later to reach your goal faster.
There is no penalty for missed SIP payments. However, we suggest you to do timely SIP payments to achieve your goal amount.
Yes, you can stop, pause or resume your SIPs before the goal is completed. However, we suggest you to continue with the SIP payments to achieve your goal amount.
Yes, you can withdraw/ redeem your investments before the goal is completed.
Yes, you can extend your goal end date. You can do so by clicking on "Edit Goal" in Goal Details section.
Suggested amount to invest is calculated basis past returns of the fund & fund category or interest rates in case Fixed & Recurring Deposits. Please note that in case of mutual fund, past performance is not indicative of future performance.
OnTrack or OffTrack status of the goal is calculated basis the current performance of the investments tagged to the goal as well as future payments that are scheduled to be invested such as SIP or RD instalment.
You can delete your goal only if there are no active or in-progress investments tagged to the goal. To delele your goal, please redeem/ withdraw your investments.