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Mutual Funds
Mutual Funds
How much Tax can I save by investing in ELSS funds?
You can save tax upto Rs. 46,800 per year by investing in ELSS funds if you invest Rs 1,50,000 and you fall in the highest tax bracket of 30%. Tax saving will be proportionately reduced subject to the taxable income and investments. The tax benefits are as per the current income...
My account is debited, but my transaction status is showing as Failed on the app.
Don't worry, the amount will automatically be refunded to your source account within 5-7 working days.If you have still not received the amount within specified time, please raise a query through "Need help" on your app.
I can not see any units allocated, my amount is already deducted
Don't you worry, order usually gets confirmed in 2-3 working days and you should receive a notification of unit allocation by the Fund house, alternatively you can also check our app for an update.
Disclosure regarding distributor commission
Below are the details of commissions (up-front and trail) which FreeCharge Payment Technologies Limited (ARN: 146145 ) / Accelyst Solutions Private Limited (ARN:116600) receives, as a distributor of mutual funds Fund Type: Liquid, Commission: Up-front Nil Trail 0.05-0.1%Fund Typ...
How can I do my KYC ?
If you are an existing investor with valid mobile no., we will not do KYC again. Else we need your Aadhaar No. with updated mobile no. in Aadhaar records to do your instant KYC on our platform in a paperless manner. KYC is a pre requisite to invest in mutual funds. If your mobile...
How does Investing through FreeCharge in Tax Saver Fund help in saving tax and provide high returns?
Investing money through FreeCharge in 'Tax Saver Fund' is a great way to get double advantage of tax saving and high returns.Freecharge will invest your money in ELSS funds.Investments in ELSS funds are exempt from income tax up to Rs 1.5 Lac. ELSS funds invest in equities and eq...
Which funds should I invest in?
There are different fund types, and you should choose the fund you wish to invest in depending on your investment horizon, risk appetite and returns expected. The most frequently purchased categories of funds are:Large Cap: These funds invest in large companies with proven track...
When will my account be debited towards SIP payment
The recurring payments are deducted using E Mandate facility. The funds are deducted from your account and then sent for purchasing the Mutual fund that you have selected. To ensure that you always get the NAV of the chosen SIP date, the funds are deducted 1 working day in advanc...
How many CAS files can I upload?
Through your manual flow you can upload your CAS as and when required,basis your investments
How does Investing through Freecharge in Smart Saver Fund provide high returns on idle money?
Investing money through FreeCharge in 'Smart Saver Fund' is a great way to get potentially higher returns on your idle money.Freecharge will invest your money in Liquid funds which can grow your money faster than most savings A/c or FD. Liquid funds invest in low risk or moderate...
