FAQ
Instead of a sale pitch, i would rather give you a 10-point framework for judging what a good mutual fund app ought to be: Convenient - easy login, easy...
Wed, 2 May, 2018 at 3:26 PM
ELSS Funds help in saving tax and building wealth for the long run. The section 80C benefit can give savings upto Rs 46,350 depending on the tax slab that ...
Wed, 2 May, 2018 at 3:27 PM
Three years is too short a timeframe for equity investments to blossom into a good kitty. If you need to definitely withdraw after three years, then it mak...
Wed, 2 May, 2018 at 3:28 PM
The Long Term Capital Gain in mutual funds are going to be taxable (at 10%) from FY18–19 onwards, with an exemption on the first one lakh. The gain is acco...
Wed, 2 May, 2018 at 3:28 PM
In order to change the bank account details of a folio with any Mutual Fund company, the standard model is to submit a Bank Account Change Mandate form. Th...
Wed, 2 May, 2018 at 3:28 PM
The mutual funds units are held by the Custodian, which is a clearly defined role as per the government regulations. The Custodian is responsible for the ...
Wed, 2 May, 2018 at 3:29 PM
Yes, it is safe for the following reasons: A good online app does not touch (or pool) your money. The funds transfer via net banking is directly to the ...
Wed, 2 May, 2018 at 3:29 PM
You can become a SEBI Registered Investment Advisor who only provides consulting and advisory services. You can let the client do the follow on tasks of in...
Wed, 2 May, 2018 at 3:30 PM
The best mutual fund for long term investment is a diversified mutual fund. Within that the best sub category would be a multi cap fund with flexibility to...
Wed, 2 May, 2018 at 3:30 PM
Two schemes are good options for you. PPF and mutual funds fit into two classes of investments - fixed income and equity respectively. Besides these you ca...
Wed, 2 May, 2018 at 3:31 PM