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Top 5 Best Low Risk Mutual Funds to Invest in 2024

Updated on February 29, 2024 , 75367 views

Generally, a newbie to investment or a senior citizen who wants to secure their funds look for low-risk Mutual Funds. When an investor wants to invest in a low-risk mutual funds it's usually because he needs to secure his money or earn optimal returns in a short duration.

low-risk-mf

So, if you are one of those you can read more

What are Low Risk Investment Funds?

Many investors look forward to Investing in mutual funds as these offer higher returns and also are more tax efficient than other instruments like fixed deposits. But, when it comes to risk-averse investors, these are investors who are looking for secure returns and can’t tolerate risk in investments. Also, a risk-averse investor won’t prefer investing in equities, as they are highly risky funds.

Debt fund are suited for risk-averse or even a newbie investor who is willing to invest in Mutual Funds. As debt funds invest in government Bonds, Money market funds, etc., they are relatively safer. There are various types of debt funds like Liquid Funds, ultra-short term funds, short term funds, dynamic bonds, gilts funds, etc., that vary in risks. long term debt funds are risky funds, thus investors with a low-risk appetite should avoid investing in these funds.

Liquid funds and ultra-short term funds are the lowest risky funds that’s aims at generating optimal returns for a short duration. Thus a newbies investor who wants to earn good returns on their idle money within a shorter tenure can invest here.

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Best Low Risk Mutual Funds FY 24 - 25

Liquid Funds

Liquid funds invest in securities that have a low maturity period, usually less than 91 days. These funds provide easy liquidity and are least volatile than the other types of debt instruments. Also, liquids are a better option than traditional Bank Savings Account. In comparison to bank account, liquid funds provide 7-8% of annual interest. Investors who want risk-free investment can ideally prefer investing in these funds. Here are the top 5 Best Liquid Funds.

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)2023 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
PGIM India Insta Cash Fund Growth ₹309.653
↑ 0.06
₹3811.83.57.25.377.4%1M 22D1M 27D
Principal Cash Management Fund Growth ₹2,099.54
↑ 0.39
₹4,5491.83.57.15.277.43%1M 1M
JM Liquid Fund Growth ₹64.9947
↑ 0.01
₹1,6441.83.57.15.377.37%1M 11D1M 14D
Indiabulls Liquid Fund Growth ₹2,299.66
↑ 0.45
₹1761.83.5756.87.31%1M 17D1M 22D
Axis Liquid Fund Growth ₹2,647.11
↑ 0.51
₹25,5381.83.67.25.37.17.45%1M 6D1M 6D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 1 Mar 24

Ultra Short Term Funds

These funds invest in a combination of debt instruments like treasury bills, commercial papers, certificate of deposits, and corporate bonds. The funds have a lower residual maturity, ranging from 6 months to 1 year. Ultra Short Term fund offer good returns with very less Market Volatility. Newbie investors who are looking for better returns than Liquid Funds should prefer investing in these funds, as they provide better returns than liquid funds. Here are the top 5 best ultra-short term funds.

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)2023 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Aditya Birla Sun Life Savings Fund Growth ₹495.02
↑ 0.05
₹12,8521.83.57.45.67.27.98%5M 19D6M 4D
UTI Ultra Short Term Fund Growth ₹3,860.7
↑ 0.75
₹1,8151.73.375.96.77.89%4M 12D4M 19D
BOI AXA Ultra Short Duration Fund Growth ₹2,893.28
↑ 0.54
₹1361.536.44.86.27.7%5M 8D5M 5D
Indiabulls Ultra Short Term Fund Growth ₹2,021.64
↑ 0.84
₹180.81.54.26.2 3.23%1D1D
SBI Magnum Ultra Short Duration Fund Growth ₹5,424.99
↑ 1.26
₹10,8611.83.47.25.277.75%4M 28D5M 12D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 1 Mar 24

1. Invesco India Ultra Short Term Fund

(Erstwhile Invesco India Medium Term Bond Fund)

The objective is to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments.

Invesco India Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 30 Dec 10. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.1% since its launch.  Ranked 40 in Ultrashort Bond category.  Return for 2023 was 6.6% , 2022 was 4.1% and 2021 was 3% .

Below is the key information for Invesco India Ultra Short Term Fund

Invesco India Ultra Short Term Fund
Growth
Launch Date 30 Dec 10
NAV (01 Mar 24) ₹2,453.55 ↑ 0.51   (0.02 %)
Net Assets (Cr) ₹638 on 31 Jan 24
Category Debt - Ultrashort Bond
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderate
Expense Ratio 0.89
Sharpe Ratio -1.47
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.66%
Effective Maturity 4 Months 11 Days
Modified Duration 4 Months 1 Day

Growth of 10,000 investment over the years.

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,723
28 Feb 21₹11,218
28 Feb 22₹11,575
28 Feb 23₹12,095
29 Feb 24₹12,961

Invesco India Ultra Short Term Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for Invesco India Ultra Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Mar 24

DurationReturns
1 Month 0.9%
3 Month 2%
6 Month 3.5%
1 Year 7.2%
3 Year 4.9%
5 Year 5.3%
10 Year
15 Year
Since launch 7.1%
Historical performance (Yearly) on absolute basis
YearReturns
2023 6.6%
2022 4.1%
2021 3%
2020 5.1%
2019 7.6%
2018 7.3%
2017 7.1%
2016 9.1%
2015 8.3%
2014 10.1%
Fund Manager information for Invesco India Ultra Short Term Fund
NameSinceTenure
Krishna Cheemalapati4 Jan 204.08 Yr.
Vikas Garg27 Jul 212.52 Yr.

Data below for Invesco India Ultra Short Term Fund as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash70.62%
Debt29.08%
Other0.3%
Debt Sector Allocation
SectorValue
Cash Equivalent45.68%
Corporate35.43%
Government18.6%
Credit Quality
RatingValue
AA16.02%
AAA83.98%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
364 DTB 07032024
Sovereign Bonds | -
7%₹50 Cr5,000,000
Pipeline Infrastructure Limited
Debentures | -
5%₹35 Cr3,500,000
Oil And Natural Gas Corporation Limited
Debentures | -
5%₹35 Cr3,500,000
Jamnagar Utilities & Power Private Limited
Debentures | -
4%₹25 Cr2,500,000
↑ 2,500,000
Indian Railway Finance Corporation Limited
Debentures | -
4%₹25 Cr2,500,000
Bharti Hexacom Limited
Debentures | -
3%₹20 Cr2,000,000
Bharti Telecom Limited
Debentures | -
2%₹17 Cr1,700,000
08.10 Wb Sdl 2025mar
Sovereign Bonds | -
2%₹15 Cr1,500,000
PNb Housing Finance Limited
Debentures | -
2%₹15 Cr1,500,000
05.80 MH Sdl 2025
Sovereign Bonds | -
2%₹15 Cr1,500,000

2. BOI AXA Liquid Fund

Objective The Scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through a portfolio of debt and money market instruments. However there can be no assurance that the investment objectives of the Scheme will be realized.

BOI AXA Liquid Fund is a Debt - Liquid Fund fund was launched on 16 Jul 08. It is a fund with Low risk and has given a CAGR/Annualized return of 6.7% since its launch.  Ranked 34 in Liquid Fund category.  Return for 2023 was 7% , 2022 was 4.9% and 2021 was 3.3% .

Below is the key information for BOI AXA Liquid Fund

BOI AXA Liquid Fund
Growth
Launch Date 16 Jul 08
NAV (03 Mar 24) ₹2,738.31 ↑ 1.08   (0.04 %)
Net Assets (Cr) ₹1,289 on 31 Jan 24
Category Debt - Liquid Fund
AMC BOI AXA Investment Mngrs Private Ltd
Rating
Risk Low
Expense Ratio 0.22
Sharpe Ratio 1.42
Information Ratio -3.68
Alpha Ratio -0.1
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.42%
Effective Maturity 1 Month 10 Days
Modified Duration 1 Month 13 Days

Growth of 10,000 investment over the years.

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,608
28 Feb 21₹11,010
28 Feb 22₹11,378
28 Feb 23₹11,991
29 Feb 24₹12,863

BOI AXA Liquid Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for BOI AXA Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Mar 24

DurationReturns
1 Month 0.6%
3 Month 1.8%
6 Month 3.6%
1 Year 7.3%
3 Year 5.3%
5 Year 5.2%
10 Year
15 Year
Since launch 6.7%
Historical performance (Yearly) on absolute basis
YearReturns
2023 7%
2022 4.9%
2021 3.3%
2020 4.1%
2019 6.4%
2018 7.4%
2017 6.7%
2016 7.6%
2015 8.3%
2014 9%
Fund Manager information for BOI AXA Liquid Fund
NameSinceTenure
Mithraem Bharucha17 Aug 212.46 Yr.

Data below for BOI AXA Liquid Fund as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash99.78%
Other0.22%
Debt Sector Allocation
SectorValue
Cash Equivalent58.85%
Corporate21.16%
Government19.77%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Small Industries Development Bank Of India
Certificate of Deposit | -
6%₹74 Cr7,500,000
182 DTB 29032024
Sovereign Bonds | -
6%₹74 Cr7,500,000
↑ 7,500,000
Reliance Retail Ventures Limited
Commercial Paper | -
4%₹50 Cr5,000,000
Reliance Industries Limited
Commercial Paper | -
4%₹50 Cr5,000,000
Rural Electrification Corporation Limited
Commercial Paper | -
4%₹50 Cr5,000,000
Punjab National Bank
Certificate of Deposit | -
4%₹50 Cr5,000,000
↑ 2,500,000
HDFC Bank Limited
Certificate of Deposit | -
4%₹49 Cr5,000,000
HDFC Securities Limited
Commercial Paper | -
4%₹49 Cr5,000,000
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)
Certificate of Deposit | -
4%₹49 Cr5,000,000
National Bank For Agriculture And Rural Development
Certificate of Deposit | -
4%₹49 Cr5,000,000

3. LIC MF Liquid Fund

An open ended scheme which seeks to generate reasonable returns with low risk and high liquidity through a judicious mix of investment in money market instruments and quality debt instruments. However, there is no assurance that the investment objective of the Scheme will be realised.

LIC MF Liquid Fund is a Debt - Liquid Fund fund was launched on 11 Mar 02. It is a fund with Low risk and has given a CAGR/Annualized return of 6.9% since its launch.  Ranked 25 in Liquid Fund category.  Return for 2023 was 7% , 2022 was 4.7% and 2021 was 3.3% .

Below is the key information for LIC MF Liquid Fund

LIC MF Liquid Fund
Growth
Launch Date 11 Mar 02
NAV (01 Mar 24) ₹4,301.6 ↑ 0.81   (0.02 %)
Net Assets (Cr) ₹11,416 on 31 Jan 24
Category Debt - Liquid Fund
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating
Risk Low
Expense Ratio 0.27
Sharpe Ratio 0.21
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.36%
Effective Maturity 1 Month 6 Days
Modified Duration 1 Month 6 Days

Growth of 10,000 investment over the years.

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,621
28 Feb 21₹11,037
28 Feb 22₹11,402
28 Feb 23₹11,996
29 Feb 24₹12,855

LIC MF Liquid Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for LIC MF Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Mar 24

DurationReturns
1 Month 0.6%
3 Month 1.8%
6 Month 3.5%
1 Year 7.2%
3 Year 5.2%
5 Year 5.2%
10 Year
15 Year
Since launch 6.9%
Historical performance (Yearly) on absolute basis
YearReturns
2023 7%
2022 4.7%
2021 3.3%
2020 4.3%
2019 6.5%
2018 7.3%
2017 6.6%
2016 7.6%
2015 8.4%
2014 9%
Fund Manager information for LIC MF Liquid Fund
NameSinceTenure
Rahul Singh5 Oct 158.33 Yr.

Data below for LIC MF Liquid Fund as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash99.13%
Debt0.64%
Other0.22%
Debt Sector Allocation
SectorValue
Cash Equivalent70.71%
Government17.12%
Corporate11.94%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Punjab National Bank
Certificate of Deposit | -
4%₹497 Cr10,000
91 DTB 08022024
Sovereign Bonds | -
3%₹398 Cr40,000,000
Indian Bank
Certificate of Deposit | -
3%₹348 Cr7,000
↑ 1,000
Birla Group Holdings Private Limited
Commercial Paper | -
3%₹328 Cr6,600
Small Industries Development Bank Of India
Commercial Paper | -
3%₹299 Cr6,000
National Bank For Agriculture And Rural Development
Commercial Paper | -
3%₹298 Cr6,000
Net Receivables / (Payables)
CBLO | -
3%-₹297 Cr
Canara Bank
Certificate of Deposit | -
3%₹297 Cr6,000
National Bank for Agriculture and Rural Development
Commercial Paper | -
3%₹297 Cr6,000
ICICI Securities Limited
Commercial Paper | -
3%₹296 Cr6,000

4. Invesco India Liquid Fund

To provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities.

Invesco India Liquid Fund is a Debt - Liquid Fund fund was launched on 17 Nov 06. It is a fund with Low risk and has given a CAGR/Annualized return of 7.1% since its launch.  Ranked 9 in Liquid Fund category.  Return for 2023 was 7% , 2022 was 4.8% and 2021 was 3.3% .

Below is the key information for Invesco India Liquid Fund

Invesco India Liquid Fund
Growth
Launch Date 17 Nov 06
NAV (01 Mar 24) ₹3,269.08 ↑ 0.66   (0.02 %)
Net Assets (Cr) ₹8,820 on 31 Jan 24
Category Debt - Liquid Fund
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Low
Expense Ratio 0.22
Sharpe Ratio 0.5
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 7.33%
Effective Maturity 1 Month 6 Days
Modified Duration 1 Month 6 Days

Growth of 10,000 investment over the years.

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,611
28 Feb 21₹11,009
28 Feb 22₹11,375
28 Feb 23₹11,978
29 Feb 24₹12,839

Invesco India Liquid Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for Invesco India Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Mar 24

DurationReturns
1 Month 0.6%
3 Month 1.8%
6 Month 3.6%
1 Year 7.2%
3 Year 5.3%
5 Year 5.1%
10 Year
15 Year
Since launch 7.1%
Historical performance (Yearly) on absolute basis
YearReturns
2023 7%
2022 4.8%
2021 3.3%
2020 4.1%
2019 6.5%
2018 7.4%
2017 6.7%
2016 7.6%
2015 8.4%
2014 9.1%
Fund Manager information for Invesco India Liquid Fund
NameSinceTenure
Krishna Cheemalapati25 Apr 1112.78 Yr.
Prateek Jain14 Feb 221.96 Yr.

Data below for Invesco India Liquid Fund as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash99.79%
Other0.21%
Debt Sector Allocation
SectorValue
Cash Equivalent69.17%
Corporate18.28%
Government12.34%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Triparty Repo
CBLO/Reverse Repo | -
4%₹322 Cr
364 DTB 26012024
Sovereign Bonds | -
3%₹265 Cr26,500,000
Sikka Ports And Terminals Limited
Commercial Paper | -
2%₹199 Cr20,000,000
HDFC Bank Limited
Certificate of Deposit | -
2%₹199 Cr20,000,000
↑ 15,000,000
364 DTB 07032024
Sovereign Bonds | -
2%₹198 Cr20,000,000
↑ 10,000,000
Bank of Baroda
Debentures | -
2%₹198 Cr20,000,000
India (Republic of)
- | -
2%₹183 Cr18,500,700
Godrej Consumer Products Limited
Commercial Paper | -
2%₹150 Cr15,000,000
HDFC Bank Limited
Certificate of Deposit | -
2%₹149 Cr15,000,000
Birla Group Holdings Private Limited
Commercial Paper | -
2%₹149 Cr15,000,000

5. DSP BlackRock Liquidity Fund

The Scheme seeks to generate reasonable returns commensurate with low risk from a portfolio constituted of money market and high quality debts

DSP BlackRock Liquidity Fund is a Debt - Liquid Fund fund was launched on 23 Nov 05. It is a fund with Low risk and has given a CAGR/Annualized return of 6.9% since its launch.  Ranked 36 in Liquid Fund category.  Return for 2023 was 7% , 2022 was 4.8% and 2021 was 3.3% .

Below is the key information for DSP BlackRock Liquidity Fund

DSP BlackRock Liquidity Fund
Growth
Launch Date 23 Nov 05
NAV (01 Mar 24) ₹3,395.49 ↑ 0.68   (0.02 %)
Net Assets (Cr) ₹11,704 on 31 Jan 24
Category Debt - Liquid Fund
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Low
Expense Ratio 0.25
Sharpe Ratio 0.37
Information Ratio -6.32
Alpha Ratio -0.2
Min Investment 1,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 7.5%
Effective Maturity 1 Month 13 Days
Modified Duration 1 Month 6 Days

Growth of 10,000 investment over the years.

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,617
28 Feb 21₹11,022
28 Feb 22₹11,388
28 Feb 23₹11,991
29 Feb 24₹12,851

DSP BlackRock Liquidity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for DSP BlackRock Liquidity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Mar 24

DurationReturns
1 Month 0.6%
3 Month 1.8%
6 Month 3.5%
1 Year 7.2%
3 Year 5.3%
5 Year 5.1%
10 Year
15 Year
Since launch 6.9%
Historical performance (Yearly) on absolute basis
YearReturns
2023 7%
2022 4.8%
2021 3.3%
2020 4.2%
2019 6.5%
2018 7.4%
2017 6.6%
2016 7.6%
2015 8.3%
2014 9%
Fund Manager information for DSP BlackRock Liquidity Fund
NameSinceTenure
Kedar Karnik17 Jul 167.55 Yr.
Karan Mundhra31 May 212.67 Yr.

Data below for DSP BlackRock Liquidity Fund as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash99.81%
Other0.19%
Debt Sector Allocation
SectorValue
Cash Equivalent63.79%
Government19.97%
Corporate16.06%
Credit Quality
RatingValue
AA2.45%
AAA97.55%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -
4%₹648 Cr
Punjab National Bank
Certificate of Deposit | -
3%₹521 Cr10,500
National Bank for Agriculture and Rural Development
Commercial Paper | -
3%₹494 Cr10,000
↑ 10,000
India (Republic of)
- | -
3%₹394 Cr40,000,000
↑ 40,000,000
364 DTB 07032024
Sovereign Bonds | -
2%₹357 Cr36,000,000
↑ 35,000,000
Net Receivables/Payables
CBLO | -
2%₹312 Cr
91 DTB 15022024
Sovereign Bonds | -
2%₹298 Cr30,000,000
Bank Of Baroda
Certificate of Deposit | -
2%₹298 Cr6,000
364 DTB 22022024
Sovereign Bonds | -
2%₹298 Cr30,000,000
364 DTB 29022024
Sovereign Bonds | -
2%₹298 Cr30,000,000

Frequently Asked Questions

1. How can I choose the best fund?

A. The investment choice is based upon a variety of factors, like the fund managers, historical returns, fees and loads, investment style, investment objective, investment horizon and more. Thus, to pick the best fund, make sure you analyze every important Factor cautiously before moving ahead.

2. What is the appropriate investment type that has the lowest risk?

A. Because of the unpredictable situation of the Economy and the availability of varying investment options, it is quite difficult to evaluate a safe option. However, some of the options that you can consider include bank fixed deposits, municipal bonds, certificate of deposits, and more.

3. What is the use of a mutual fund calculator?

A. The mutual fund calculator offers an investment value at maturity by evaluating the returns according to the investment horizon. You can set different variables of the calculator, like duration, anticipated return rate, frequency, investment amount and more to figure out your benefits.

4. How much can I invest?

A. The amount mainly depends upon your requirements, budget and objectives of the investment. However, keep in mind that you only invest the surplus money, irrespective of the amount.

5. Is there a right time to invest?

A. There is no right time to invest. For better and best returns, it is recommended that you should start investing right away.

6. Do I need a bank account to invest in mutual funds?

A. Yes, it is necessary to have a bank account with KYC/cKYC, aadhaar card and PAN Card to invest in mutual funds.

7. Is it necessary to contact a fund manager?

A. Yes! When investing in mutual funds, experience plays a major role so as to generate good performance. The more the experience, the better will be the possibility of gaining the best returns. Thus, make sure that you get in touch with an experienced fund manager.

8. Can I withdraw my invested money?

A. Most of the schemes in a mutual fund are open-end schemes. This allows you to withdraw the entire invested amount at any point in time. However, there could be a few situations where you may experience restrictions.

9. Would I have to pay any penalty if I withdraw early?

A. If you have invested in open-end schemes, you may not have to pay the penalty. However, some schemes might not be as liquid as the others. So, you will have to re-check this factor before investing.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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Sanjoy Kumar Pal, posted on 6 Nov 20 9:39 PM

Very Good

prateek, posted on 10 Apr 20 4:45 PM

good information on funds. appreciated!!!

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