We offer personalized recommendations for mutual funds based on your financial goals and investment preferences. Our platform provides you with access to a single dashboard where you can invest, set up mandates, and redeem investments in multiple mutual fund schemes with just a few clicks. With our user-friendly platform, you can easily track your investments and monitor their performance. Our goal is to make investing in mutual funds easy, convenient, and hassle-free, so you can achieve your financial goals with confidence.
Yes, KYC is necessary for investing in mutual funds. If your KYC status is valid, you can immediately invest a lumpsum amount but it will take 3-4 working days if your KYC is to be initiated. In case of SIP investment, it will 10-15 working days from the day your mandate is sent for registration in both the cases.
When you invest your money with us, the funds are directly transferred to your account, also known as a folio, which is associated with the Asset Management Company (AMC) that manages the mutual fund where your money is invested. The AMC is responsible for the management of the mutual fund and the associated investments, while you, as the investor, retain ownership of the assets in your folio.
Lock-Ins: Most of the mutual funds do not have any lock-in, implying an investor has the freedom to withdraw one’s funds as per own discretion. However, it is important to note that certain mutual fund schemes, such as Equity Linked Savings Schemes (ELSS), which are designed for tax-saving purposes under Section 80C of the Income Tax Act, have a mandatory lock-in period of three years. During this lock-in period, investors cannot redeem or withdraw their funds. After the completion of the lock-in period, investors have the freedom to either withdraw their funds or continue to hold them based on their investment objectives and financial goals.
Exit Loads: Most mutual funds charge a fee, also known as an exit load if an investor decides to redeem their investment within a specified time frame from the date of investment. The amount of exit load fees may vary depending on the type of mutual fund you invest in. For instance, debt mutual funds may have lower exit load fees compared to equity mutual funds. The exit load fee is typically a percentage of the redemption amount and is deducted from the investment value at the time of redemption.
The funds flow directly from your bank account to your mutual fund account, and Moneyvesta does not have any control over your investment. We simply act as a platform that enables you to invest in mutual funds of your choice. Our role is to facilitate the investment process and provide you with a convenient and hassle-free investment experience. You, as an investor, retain full ownership and control over your invested capital, and you have the flexibility to monitor and manage your investment at your discretion.
We provide a hassle-free and personalised investment experience for every investor. Schedule a call with our planner so that we understand you more and provide you personalized recommendations. Post this create your account with us and start investing. Its as simple as that. We regularly monitor your investments and help you re-balance them as per the changing market conditions and your financial circumstances.
The cut-off time for your investments is 3 pm. If you invest after that, applicable NAV will be based on next working day.
Yes, you will be able to see all details related to your portfolio on your dashboard.
