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Mutual Funds
Mutual Funds
What are the reasons for Purchase rejection after the allotment or units?
Below mentioned are Rejection reasons:a) Amount not received from Investor’s Bankb) Account no / Account holder name mismatch.
What is the minimum Investment amount required ?
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.
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.
Where should I browse in the Freecharge app for better understanding of Mutual funds and investing in Mutual funds?
The Mutual funds product in the Freecharge app has introduced a new Guide section, which will give all information, knowledge and tips to invest in Mutual funds. Steps to reach the "Guide" page - 1. Open the Freecharge app 2. Click on the "Mutual Funds" option under the "Invest...
Is there any entry or exit load?
No, there are no entry or exit loads in Liquid Funds and in ELSS Funds
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
Will I be charged extra for investing through Freecharge
There are no charges for investments made through Freecharge
How much time it takes for normal redemption payout?
For liquid funds, the redemption is usually done within 1-2 working days. For debt funds it is usually 2-3 working days and for equity funds it is usually 3-4 working days. The fund house will credit the money directly into your Bank account (which you had provided during your si...
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 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...
