What is a sub-asset class?
Based on the nature of their growth, financial investments are divided into asset classes:
Can you withdraw money from my bank account without my knowledge?
No. The transfer of funds to the mutual funds will reflect in your bank statement and in your Scr...
Will I need to start investing right away if I click on Activate Plan?
No. Investing for the plan is a separate step. When you click on activate plan, we take you throu...
Which mutual funds will I be investing in?
The recommended mutual funds are personalised for you based on: (1) Your goal, (2) Years to achie...
What growth rate can I expect?
The growth rate you get is a function of the mix of equity & debt that is suggested for your goal...
Is the goal amount assured?
All of our offerings are planning tools which you use to create a plan to achieve your goals. Eve...
How long will my SIP run?
Your SIP will run as per the investment instruction. When you start a SIP, you indicate 4 things
Will you automatically redeem funds and transfer the amount to my bank account once my goal is achieved?
Once your goal is achieved (the total amount will accumulate in your plan), we will notify you. A...
Since mutual fund investments fluctuate, how will you ensure that my goal amount is not impacted?
All long term plans have a built in option to reduce your exposure to stock market as you near yo...
What are the risks involved during the investment period?
As investments are made in mutual funds in your name, risks are limited: (1) There is no risk of...