What are Mutual Funds?
Every fund has a stated aim. Some buy shares, some buy bonds and some do a bit of both. You own units in the fund, and their value moves with whatever the fund holds.
You can put in a lump sum or start a SIP, where a fixed amount goes in every month. Many people prefer a SIP because the money is invested before they get a chance to spend it.
Who it's for
- You're new to investing
- You'd rather not pick individual stocks
- You want to invest a fixed amount every month
How we can help
- Pick a few funds that suit your goal and how long you can stay invested
- Set up SIPs, lump sum investments and monthly withdrawals
- Go through the funds you already own and cut out overlap
Risks to know about
- Mutual fund investments are subject to market risks. Read all scheme related documents carefully
- Owning ten similar funds doesn't make you any safer
- You may pay an exit load or tax when you redeem
Ask us about Mutual Funds
Fill this in and we'll give you a clear yes or no, with a timeline.
Questions people ask
SIP stands for Systematic Investment Plan. A fixed amount goes from your bank account into a mutual fund, usually once a month. You can raise, lower or stop it later.
In most open-ended funds, yes. Some schemes have a lock-in, like ELSS funds, and some charge an exit load if you leave early.
