Table of Contents
- What are Low Risk Investment Funds?
- Best Low Risk Mutual Funds FY 24 - 25
- Frequently Asked Questions
- 1. How can I choose the best fund?
- 2. What is the appropriate investment type that has the lowest risk?
- 3. What is the use of a mutual fund calculator?
- 4. How much can I invest?
- 5. Is there a right time to invest?
- 6. Do I need a bank account to invest in mutual funds?
- 7. Is it necessary to contact a fund manager?
- 8. Can I withdraw my invested money?
- 9. Would I have to pay any penalty if I withdraw early?
Top 5 Funds
Top 5 Best Low Risk Mutual Funds to Invest in 2024
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.
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.
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2023 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity Indiabulls Liquid Fund Growth ₹2,397.91
↑ 0.61 ₹201 1.8 3.6 7.4 5.9 6.8 7.03% 1M 5D 1M 5D Principal Cash Management Fund Growth ₹2,188.85
↑ 0.51 ₹5,396 1.8 3.6 7.3 6.1 7 7.07% 1M 10D 1M 10D PGIM India Insta Cash Fund Growth ₹322.83
↑ 0.08 ₹447 1.8 3.6 7.3 6.1 7 7.09% 30D 1M 2D JM Liquid Fund Growth ₹67.7252
↑ 0.02 ₹2,058 1.7 3.5 7.3 6 7 7.12% 1M 7D 1M 9D Axis Liquid Fund Growth ₹2,760.62
↑ 0.65 ₹28,808 1.8 3.6 7.4 6.1 7.1 7.13% 1M 13D 1M 13D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 1 Oct 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.
The primary objective of the schemes is to generate regular income through investments in debt and money market instruments. Income maybe generated through the receipt of coupon payments or the purchase and sale of securities in the underlying portfolio. The schemes will under normal market conditions, invest its net assets in fixed income securities, money market instruments, cash and cash equivalents. Aditya Birla Sun Life Savings Fund is a Debt - Ultrashort Bond fund was launched on 16 Apr 03. It is a fund with Moderately Low risk and has given a Below is the key information for Aditya Birla Sun Life Savings Fund Returns up to 1 year are on (Erstwhile SBI Magnum InstaCash Fund) To provide the investors an opportunity to earn returns through investment in
debt & money market securities, while having the benefit of a very high degree of liquidity. SBI Magnum Ultra Short Duration Fund is a Debt - Ultrashort Bond fund was launched on 21 May 99. It is a fund with Low risk and has given a Below is the key information for SBI Magnum Ultra Short Duration Fund Returns up to 1 year are on 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 Below is the key information for DSP BlackRock Liquidity Fund Returns up to 1 year are on 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 Below is the key information for Invesco India Liquid Fund Returns up to 1 year are on (Erstwhile UTI - Floating Rate Fund - Short Term Plan) To generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments, fixed rate debt / money market instruments swapped for floating rate returns. The Scheme may also invest a portion of its net assets in fixed rate debt securities and money market instruments .However there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns. UTI Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 29 Aug 03. It is a fund with Moderately Low risk and has given a Below is the key information for UTI Ultra Short Term Fund Returns up to 1 year are on Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2023 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity Aditya Birla Sun Life Savings Fund Growth ₹517.376
↑ 0.20 ₹13,259 1.8 3.8 7.6 6.2 7.2 7.82% 5M 1D 6M 25D UTI Ultra Short Term Fund Growth ₹4,023.75
↑ 1.09 ₹2,343 1.8 3.6 7.2 5.8 6.7 7.63% 5M 2D 5M 12D BOI AXA Ultra Short Duration Fund Growth ₹3,006.17
↑ 0.69 ₹168 1.7 3.4 6.5 5.5 6.2 7.11% 4M 28D 5M 5D Indiabulls Ultra Short Term Fund Growth ₹2,021.64
↑ 0.84 ₹18 0.8 1.5 4.2 6.2 3.23% 1D 1D SBI Magnum Ultra Short Duration Fund Growth ₹5,661.07
↑ 1.81 ₹12,828 1.8 3.7 7.4 6 7 7.46% 4M 24D 5M 5D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 1 Oct 24 1. Aditya Birla Sun Life Savings Fund
CAGR/Annualized return of 7.4% since its launch. Ranked 6 in Ultrashort Bond category. Return for 2023 was 7.2% , 2022 was 4.8% and 2021 was 3.9% . Aditya Birla Sun Life Savings Fund
Growth Launch Date 16 Apr 03 NAV (01 Oct 24) ₹517.376 ↑ 0.20 (0.04 %) Net Assets (Cr) ₹13,259 on 15 Sep 24 Category Debt - Ultrashort Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆☆ Risk Moderately Low Expense Ratio 0.54 Sharpe Ratio 1.46 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.82% Effective Maturity 6 Months 25 Days Modified Duration 5 Months 1 Day Growth of 10,000 investment over the years.
Date Value 30 Sep 19 ₹10,000 30 Sep 20 ₹10,751 30 Sep 21 ₹11,218 30 Sep 22 ₹11,671 30 Sep 23 ₹12,497 30 Sep 24 ₹13,441 Returns for Aditya Birla Sun Life Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 24 Duration Returns 1 Month 0.7% 3 Month 1.8% 6 Month 3.8% 1 Year 7.6% 3 Year 6.2% 5 Year 6.1% 10 Year 15 Year Since launch 7.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 7.2% 2022 4.8% 2021 3.9% 2020 7% 2019 8.5% 2018 7.6% 2017 7.2% 2016 9.2% 2015 8.9% 2014 9.7% Fund Manager information for Aditya Birla Sun Life Savings Fund
Name Since Tenure Sunaina Cunha 20 Jun 14 10.21 Yr. Kaustubh Gupta 15 Jul 11 13.14 Yr. Monika Gandhi 22 Mar 21 3.45 Yr. Dhaval Joshi 21 Nov 22 1.78 Yr. Data below for Aditya Birla Sun Life Savings Fund as on 15 Sep 24
Asset Allocation
Asset Class Value Cash 41.25% Debt 58.47% Other 0.28% Debt Sector Allocation
Sector Value Corporate 65.68% Cash Equivalent 21.29% Government 12.74% Credit Quality
Rating Value AA 22.88% AAA 77.12% Top Securities Holdings / Portfolio
Name Holding Value Quantity National Housing Bank 7.83%
Debentures | -6% ₹820 Cr 82,000 Nirma Limited
Debentures | -4% ₹501 Cr 50,000 Rural Electrification Corporation Limited
Debentures | -4% ₹500 Cr 50,000
↑ 50,000 National Housing Bank 7.78%
Debentures | -3% ₹400 Cr 40,000 Tata Realty And Infrastructure Limited
Debentures | -3% ₹360 Cr 36,000 Bharti Telecom Limited
Debentures | -2% ₹325 Cr 3,250 Bajaj Housing Finance Ltd. 8%
Debentures | -2% ₹300 Cr 30,000 7.72% Govt Stock 2028
Sovereign Bonds | -2% ₹292 Cr 29,000,000 Nirma Limited 8.3%
Debentures | -2% ₹250 Cr 25,000 Cholamandalam Investment And Finance Company Limited
Debentures | -2% ₹249 Cr 2,500 2. SBI Magnum Ultra Short Duration Fund
CAGR/Annualized return of 7.1% since its launch. Return for 2023 was 7% , 2022 was 4.5% and 2021 was 3.4% . SBI Magnum Ultra Short Duration Fund
Growth Launch Date 21 May 99 NAV (01 Oct 24) ₹5,661.07 ↑ 1.81 (0.03 %) Net Assets (Cr) ₹12,828 on 31 Aug 24 Category Debt - Ultrashort Bond AMC SBI Funds Management Private Limited Rating ☆☆☆ Risk Low Expense Ratio 0.54 Sharpe Ratio 1.14 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.46% Effective Maturity 5 Months 5 Days Modified Duration 4 Months 24 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 19 ₹10,000 30 Sep 20 ₹10,661 30 Sep 21 ₹11,044 30 Sep 22 ₹11,453 30 Sep 23 ₹12,237 30 Sep 24 ₹13,137 Returns for SBI Magnum Ultra Short Duration Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 24 Duration Returns 1 Month 0.6% 3 Month 1.8% 6 Month 3.7% 1 Year 7.4% 3 Year 6% 5 Year 5.6% 10 Year 15 Year Since launch 7.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 7% 2022 4.5% 2021 3.4% 2020 5.9% 2019 8% 2018 7.9% 2017 6.6% 2016 7.7% 2015 8.3% 2014 9% Fund Manager information for SBI Magnum Ultra Short Duration Fund
Name Since Tenure Arun R. 1 Jun 21 3.25 Yr. Ardhendu Bhattacharya 1 Dec 23 0.75 Yr. Pradeep Kesavan 1 Dec 23 0.75 Yr. Data below for SBI Magnum Ultra Short Duration Fund as on 31 Aug 24
Asset Allocation
Asset Class Value Cash 64.23% Debt 35.53% Other 0.23% Debt Sector Allocation
Sector Value Corporate 58.46% Cash Equivalent 29.67% Government 11.64% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity National Bank For Agriculture And Rural Development
Debentures | -4% ₹470 Cr 4,750
↑ 4,000 Indusind Bank Ltd.
Debentures | -4% ₹465 Cr 10,000
↑ 10,000 India (Republic of)
- | -3% ₹447 Cr 45,000,000 Power Finance Corporation Limited
Debentures | -3% ₹383 Cr 3,850 91 DTB 24102024
Sovereign Bonds | -3% ₹371 Cr 37,500,000 Hdb Financial Services Limited
Debentures | -3% ₹345 Cr 34,500 Panatone Finvest Ltd
Debentures | -2% ₹291 Cr 6,000 91 DTB 31102024
Sovereign Bonds | -2% ₹273 Cr 27,646,400 LIC Housing Finance Ltd
Debentures | -2% ₹249 Cr 2,500 RBL Bank Ltd.
Debentures | -2% ₹245 Cr 5,000 3. DSP BlackRock Liquidity Fund
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% . DSP BlackRock Liquidity Fund
Growth Launch Date 23 Nov 05 NAV (01 Oct 24) ₹3,540.8 ↑ 0.87 (0.02 %) Net Assets (Cr) ₹18,699 on 31 Aug 24 Category Debt - Liquid Fund AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆ Risk Low Expense Ratio 0.24 Sharpe Ratio 2.46 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.12% Effective Maturity 1 Month 10 Days Modified Duration 1 Month 6 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 19 ₹10,000 30 Sep 20 ₹10,473 30 Sep 21 ₹10,804 30 Sep 22 ₹11,244 30 Sep 23 ₹12,009 30 Sep 24 ₹12,894 Returns for DSP BlackRock Liquidity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 24 Duration Returns 1 Month 0.6% 3 Month 1.8% 6 Month 3.6% 1 Year 7.4% 3 Year 6.1% 5 Year 5.2% 10 Year 15 Year Since launch 6.9% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Laukik Bagwe 1 Aug 24 0.08 Yr. Karan Mundhra 31 May 21 3.26 Yr. Shalini Vasanta 1 Aug 24 0.08 Yr. Data below for DSP BlackRock Liquidity Fund as on 31 Aug 24
Asset Allocation
Asset Class Value Cash 99.84% Other 0.16% Debt Sector Allocation
Sector Value Cash Equivalent 77.29% Corporate 21.86% Government 0.69% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Treps / Reverse Repo Investments
CBLO/Reverse Repo | -7% ₹1,321 Cr 13,206,550,987
↑ 13,206,550,987 National Bank For Agriculture And Rural Development
Commercial Paper | -3% ₹642 Cr 13,000
↑ 3,000 91 DTB 26092024
Sovereign Bonds | -3% ₹548 Cr 55,000,000 182 DTB 01112024
Sovereign Bonds | -3% ₹505 Cr 51,000,000
↑ 1,000,000 91 DTB 15112024
Sovereign Bonds | -3% ₹493 Cr 50,000,000 National Bank For Agriculture And Rural Development
Commercial Paper | -2% ₹399 Cr 8,000 6.18% Govt Stock 2024
Sovereign Bonds | -2% ₹357 Cr 35,000,000
↑ 10,000,000 Reliance Retail Ventures Limited
Commercial Paper | -2% ₹350 Cr 7,000
↑ 7,000 Axis Bank Limited
Certificate of Deposit | -2% ₹349 Cr 7,000 HDFC Bank Limited
Certificate of Deposit | -2% ₹299 Cr 6,000
↓ -4,000 4. Invesco India Liquid Fund
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% . Invesco India Liquid Fund
Growth Launch Date 17 Nov 06 NAV (01 Oct 24) ₹3,408.96 ↑ 0.82 (0.02 %) Net Assets (Cr) ₹11,289 on 31 Aug 24 Category Debt - Liquid Fund AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆☆ Risk Low Expense Ratio 0.22 Sharpe Ratio 2.71 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.16% Effective Maturity 1 Month 18 Days Modified Duration 1 Month 18 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 19 ₹10,000 30 Sep 20 ₹10,465 30 Sep 21 ₹10,798 30 Sep 22 ₹11,235 30 Sep 23 ₹12,002 30 Sep 24 ₹12,888 Returns for Invesco India Liquid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 24 Duration Returns 1 Month 0.6% 3 Month 1.8% 6 Month 3.6% 1 Year 7.4% 3 Year 6.1% 5 Year 5.2% 10 Year 15 Year Since launch 7.1% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Krishna Cheemalapati 25 Apr 11 13.36 Yr. Prateek Jain 14 Feb 22 2.55 Yr. Data below for Invesco India Liquid Fund as on 31 Aug 24
Asset Allocation
Asset Class Value Cash 99.8% Other 0.2% Debt Sector Allocation
Sector Value Cash Equivalent 76.02% Corporate 18.01% Government 5.78% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 91 DTB 07112024
Sovereign Bonds | -3% ₹296 Cr 30,000,000 91 DTB 15112024
Sovereign Bonds | -3% ₹296 Cr 30,000,000 91 DTB 21112024
Sovereign Bonds | -3% ₹296 Cr 30,000,000
↑ 30,000,000 91 DTB 28112024
Sovereign Bonds | -3% ₹295 Cr 30,000,000
↑ 30,000,000 India (Republic of)
- | -2% ₹274 Cr 27,500,000 91 DTB 31102024
Sovereign Bonds | -2% ₹272 Cr 27,500,000 Tata Consumer Products Limited
Commercial Paper | -2% ₹225 Cr 22,500,000
↑ 22,500,000 Indian Oil Corporation Limited
Commercial Paper | -2% ₹200 Cr 20,000,000 Godrej Consumer Products Limited
Commercial Paper | -2% ₹199 Cr 20,000,000 Tata Capital Limited
Commercial Paper | -2% ₹199 Cr 20,000,000 5. UTI Ultra Short Term Fund
CAGR/Annualized return of 6.8% since its launch. Ranked 27 in Ultrashort Bond category. Return for 2023 was 6.7% , 2022 was 4.2% and 2021 was 6.1% . UTI Ultra Short Term Fund
Growth Launch Date 29 Aug 03 NAV (01 Oct 24) ₹4,023.75 ↑ 1.09 (0.03 %) Net Assets (Cr) ₹2,343 on 31 Aug 24 Category Debt - Ultrashort Bond AMC UTI Asset Management Company Ltd Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 0.96 Sharpe Ratio -0.54 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.63% Effective Maturity 5 Months 12 Days Modified Duration 5 Months 2 Days Growth of 10,000 investment over the years.
Date Value 30 Sep 19 ₹10,000 30 Sep 20 ₹10,573 30 Sep 21 ₹11,252 30 Sep 22 ₹11,657 30 Sep 23 ₹12,426 30 Sep 24 ₹13,312 Returns for UTI Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 24 Duration Returns 1 Month 0.7% 3 Month 1.8% 6 Month 3.6% 1 Year 7.2% 3 Year 5.8% 5 Year 5.9% 10 Year 15 Year Since launch 6.8% Historical performance (Yearly) on absolute basis
Year Returns 2023 6.7% 2022 4.2% 2021 6.1% 2020 5.3% 2019 3.3% 2018 7% 2017 6.6% 2016 8.9% 2015 8.5% 2014 8.8% Fund Manager information for UTI Ultra Short Term Fund
Name Since Tenure Ritesh Nambiar 1 Jul 15 9.18 Yr. Data below for UTI Ultra Short Term Fund as on 31 Aug 24
Asset Allocation
Asset Class Value Cash 57.83% Debt 41.9% Other 0.27% Debt Sector Allocation
Sector Value Corporate 55.44% Cash Equivalent 40.12% Government 4.17% Credit Quality
Rating Value AA 27.43% AAA 72.57% Top Securities Holdings / Portfolio
Name Holding Value Quantity Ntpc Limited
Debentures | -5% ₹100 Cr 1,000 Ongc Petro Additions Limited
Debentures | -3% ₹75 Cr 7,500 Shriram Finance Limited
Debentures | -3% ₹70 Cr 700 Bharti Telecom Limited
Debentures | -2% ₹50 Cr 500 Can Fin Homes Limited
Debentures | -2% ₹49 Cr 500 National Bank For Agriculture And Rural Development
Debentures | -2% ₹49 Cr 500 ICICI Bank Ltd.
Debentures | -2% ₹49 Cr 500,000,000 Indian Bank
Domestic Bonds | -2% ₹48 Cr 500,000,000 ICICI Bank Ltd.
Debentures | -2% ₹48 Cr 500,000,000 Kotak Mahindra Bank Ltd.
Debentures | -2% ₹48 Cr 500,000,000
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.
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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Very Good
good information on funds. appreciated!!!