Mutual Fund Investments
come with risks, and it's important to
understand your risk tolerance and investment
objectives before investing.
Primary Attributes
of Mutual Fund Investing
Diversification
Mutual funds pool money from
multiple investors to invest in a
variety of assets,
spreading risk
and potentially increasing returns.
Professional
Management
Skilled fund managers handle
investment decisions, leveraging
expertise to navigate
the market
and optimize your investments.
Liquidity
Enjoy easy access to your funds,
with most mutual funds allowing
redemptions at any
time,
providing a level of liquidity.
Variety of Funds
Choose from equity funds, debt funds,
hybrid funds, Index funds , Exchange Traded Fund’s and more,
catering to different risk appetites
and financial goals.
Affordability
Start with a modest investment
(Rs 100 onwards) and benefit from the
collective buying power of the fund.
Transparency
Regular updates on fund performance,
holdings, and expenses keep you informed
about your investment's progress.
Tax Efficiency
Some funds offer tax benefits, like Equity-Linked
Savings Schemes (ELSS), which offer potential
tax deductions under the Income Tax Act.
Convenience
Easy investment through systematic investment
plans (SIPs) or lump-sum investments, with options
to manage your funds online.
Low Entry Barrier
Mutual funds allow you to invest
with minimal initial capital, making
investing accessible to a broader audience.
Regulation
and Oversight
Mutual funds are regulated by market
watchdogs to ensure investor protection,
making them a safer investment avenue.
Potential for Growth
Depending on the type of fund, mutual
funds provide the potential for capital
appreciation and steady income.
Investment Expertise
Benefit from the research and insights of
experienced fund managers, saving you time
and effort in researching individual stocks or bonds.
Automatic
Reinvestment
Dividends and gains can be automatically
reinvested, potentially compounding your
wealth over time.
Goal Customization
Choose funds that align with your short-term
or long-term financial objectives, whether it's
retirement, education, or wealth accumulation.
Systematic
Investment Plan (SIP)
Calculator
Check how your Systematic Investments can contribute
to your long term financial goals.
Frequently Asked Questions
About Mutual Funds
As the name suggests, mutual funds are funds where money from different investors gets pooled and invested by professional fund managers into different asset classes like Shares, Bonds, Currencies, Gold, Silver, Government Securities etc.
NAV refers to Net Asset Value. It is the current value of Total Asset reduced by the current value of total liabilities divided by the total number of outstanding units. The AMC declares NAV on a daily basis. Based on NAV, an investor can assess the performance of his investments.
There are four types of Mutual Funds:
- Equity Funds
- Debt Mutual Funds
- ELSS Funds
- Index Funds
As the name suggests, an equity mutual fund is a fund that invests predominantly in shares of different companies. A fund is classified as an equity fund where more than 60% of the total assets are invested in the equity shares. These are also referred to as Growth Funds.
Debt funds predominantly invest in Debt Instruments like Corporate Bonds, Debentures, other money market instruments etc. These are also referred to as Fixed Income Funds or Bond Funds.
ELSS stands for Equity Linked Savings Scheme Funds. It is a close-ended diversified fund with a lock-in period of 3 years. They also offer a tax advantage as ELSS investment is allowed a deduction u/s 80C of the Income Tax Act.
An index fund is a fund that mimics a particular index like Nifty 50, Nifty bank etc. These are passive funds. These funds have a lower expense ratio.
airpay money usages services of BSE Star for order processing and enabling payments thereof.
BSE Star is a service enabler which facilitates Mutual Fund order processing and payment thereof.
Following are the accepted modes of payment :
- UPI Upto INR 1 Lac
- Net Banking upto INR 10 Lac
- NEFT/RTGS
After releasing the funds, AMCs take around 1-2 days to allot MF units against your portfolio.
Payment cannot be reinitiated against a failed order. You need to generate a fresh order to make the payment again.
Where an AMC realizes payments before 30 minutes of the stipulated cutoff time, NAV shall be applied as follows :For Liquid Funds:- Previous Day's NAV For Non Liquid Funds:- Same Day's NAV
Liquid Funds:- 1:30 pm
For Non-Liquid funds:- 3:00 pm
In this case, time of realization of funds shall be considered to calculate cutoff time.
SIP stands for Systematic investment plan. It allows investors to start investing in mutual funds with amounts as low as Rs 500 in fixed intervals. Intervals can be weekly, bi-monthly, monthly, quarterly, half-yearly and yearly. It is a very convenient way for a user to start their mutual fund investment journey.
On the airpay money app, you can set up your SIP by following simple steps as instructed in the App.
If you don't want to continue your SIP, you can cancel it by redeeming the entire amount under that fund.
Autopay is a facility through which you approve your bank to debit your account for frequent SIP payments.
Autopay can be set up by following the instructions given in the airpay money App.
Usually, banks take 4-5 working days to approve the Autopay mandate.
Top-up SIP is a facility that allows you to increase your SIP amount by a certain percentage or by a fixed amount after completing a specific period. It helps you to increase your SIP amount in line with the increase of your income.
Yes, you can change the risk assessment. We will then recommend mutual fund investment plans accordingly.
airpay money recommends funds of the mutual fund houses based on your risk assessment and historical return of the funds. Performance and returns of any investment portfolio can neither be predicted nor guaranteed.
