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Mutual Funds
Mutual Funds
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
For how long the bookmarked page will be saved?
The Bookmarked funds remain saved until you choose to remove the fund.
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 can I pay for the fund which I want to purchase?
You can use your debit card or purchase through Netbanking (using the Bank account that you had provided us during the set up of your Mutual Funds account)
Do I need to inform my Bank or fill up an ECS form at my Bank to enable recurring payments for SIPs
For your convenience, we have set up a completely online process to debit your SIP installments. You can set up recurring payments for your SIP installments right here on the Freecharge app, without any paperwork.
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...
