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Mutual Funds
Mutual Funds
How do I pay for SIPs every month?
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. Flexibility to set up recurring payments for your SIP installments...
How will Instant Redemption facility be beneficial to the investors?
In case the investor is eligible for Instant Redemption facility and the amount entered by the investor is within the eligible limit then the investor will receive the credit into his account within 30 minutes. This facility is available 24*7 (365 days).Instant Redemption is vali...
Is it safe to upload CAS details?
Yes, the information used is password protected.
How do I know that my money is secure when I invest 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.
When can I withdraw my investment amount?
For Tax Saver Fund, the withdrawal can happen after the lock-in period of 3 years. The time taken for such withdrawal is within 2 working days.For Smart Saver Fund, the amount eligible for instant redemption can be withdrawn in 30 minutes and the remaining amount can be withdrawn...
How will the investor know that he is eligible for Instant Redemption facility?
The investor will receive an Instant Redemption pop up which will display the redeemable balance within which the investor has to place the redemption. If the investor places the redemption beyond the redeemable balance then the payment will be done as per the normal TAT.Instant...
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...
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)
Can Purchase be rejected due to Incomplete or Incorrect KYC?
Yes, If the details mentioned are Incorrect or incomplete in KYC then the Purchase can be rejected by the mutual fund company.
What is the minimum and maximum withdrawal limit for Instant Redemption facility
The minimum withdrawal limit is Rs 500 and in multiples of Re 1 thereafter and the maximum withdrawal limit through Instant Redemption facility is Rs 50,000 or redeemable balance whichever is lower.Instant Redemption is valid for only Smart Saver Fund
