Mutual 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...
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.
There are no charges for investments made through Freecharge
FreeCharge has tied up with some of the biggest Mutual Fund companies of the country and offers you the top rated funds offered by these companies. Any purchase done by you on Freecharge app is sent to the RTA (Karvy, CAMS) post which the Mutual Fund companies allot the units.
The Bookmarked funds remain saved until you choose to remove the fund.
The option to redeem the complete amount or partial amount is dependent on the Fund type you have chosen. e.g. Liquid Funds can be redeemed anytime whereas Tax saver funds have a lock in period of 3 years.
As mandated by AMFI, you have to do your Mutual Fund KYC (Know your customer) before you can invest in Mutual Funds. Once you do your Mutual Fund KYC, you can invest in any Mutual Fund. Please complete your vkyc on our application and complete investing on Freecharge Mutual funds...
Below mentioned are Rejection reasons:a) Amount not received from Investor’s Bankb) Account no / Account holder name mismatch.
No,we do not have any limit for bookmarking
No, you can not change your PAN number once you have successfully created your Mutual Fund account with us