Mutual Funds
The performance of a particular scheme of a Mutual Fund is denoted by Net Asset Value (NAV). In simple words, NAV is the market value of the securities held by the scheme. Mutual Funds invest the money collected from investors in securities markets. Since market value of securiti...
KYC is an acronym for 'Know your customer',a term commonly used for customer identification process.Indian regulators have prescribed certain requirements relating to KYC norms for MFs to know their clients.
You can start investing with as little as Rs. 100. However, the amount may vary from fund to fund, you will be guided on the minimum investment amount on the fund page.
Well, the cut-off time in Mutual Funds is just a way to determine the price of the unit or NAV that will be applicable when buying or selling 'units' of your Mutual Fund scheme. The NAV will be given to you depending on the time you purchase the fund.
We have a very simplified and fast process for investing without the need of any document submission. The investment is instant and paperless.
If you have missed a SIP installment, your investment into the SIP for this month will not be possible. You can still invest in the chosen fund in Lump Sum mode for that month.
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...
An Equity Linked Savings Scheme (ELSS) is an open-ended Equity Mutual Fund that qualifies for tax exemptions under section (u/s) 80C of the Indian Income Tax Act.
Investing through Freecharge app is very simple. Simply click on Mutual Funds and select the fund you wish to purchase. Enter your PAN details and provide us some basic information (we need this information one time only). Make payment using UPI or Netbanking.
As per regulatory requirements, it is mandatory for all online investors to be KYC registered, regardless of the size of their investment.