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Mutual Funds
Mutual Funds
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...
Can I change my PAN number in my Mutual Fund account?
No, you can not change your PAN number once you have successfully created your Mutual Fund account with us
How is NAV calculated?
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...
What is the minimum Investment duration for ELSS Funds
Investment in ELSS schemes is subject to lock in period of 3 years from the date of allotment of units.
Why Should I invest in Tax Saver or ELSS Funds?
ELSS is considered one of the best tax saving instruments. It has better liquidity(lower lock-in period) compared to other options like NSC and Public Provident Fund. Also the fund not only helps you save tax but also helps in growing your money. ELSS products stand out among all...
Is KYC mandatory to start investing ?
As per regulatory requirements, it is mandatory for all online investors to be KYC registered, regardless of the size of their investment.
What do you mean by Cut-off time?
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.
What are the various payment options available for investing?
The 2 payment options available are Debit Card and Net Banking
How can I start Investing on Freecharge App?
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.
For how long the bookmarked page will be saved?
The Bookmarked funds remain saved until you choose to remove the fund.
