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Mutual Funds
Mutual Funds
My account is debited, but my transaction status is showing as Failed on the app.
Don't worry, the amount will automatically be refunded to your source account within 5-7 working days.If you have still not received the amount within specified time, please raise a query through "Need help" on your app.
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.
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.
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...
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
Why do we recommend certain Banks for setting up payments?
We want to provide you the flexibility of using your Mutual Fund account that you set up with us to make any type of Mutual Fund investment. Only select Banks offer this functionality where you can set auto-debit instructions for SIP installments online. If you have an account in...
What is Equity Linked Savings Scheme?
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.
Which funds should I invest in?
There are different fund types, and you should choose the fund you wish to invest in depending on your investment horizon, risk appetite and returns expected. The most frequently purchased categories of funds are:Large Cap: These funds invest in large companies with proven track...
What are liquid funds?
Liquid Funds are managed with an endeavor to generate income over short term by investing into debt and money market instruments. The primary objective of liquid funds is to facilitate short term parking / investment of surpluses.Therefore from a structure, risk, return & managem...
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.
