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Top 5 Best Low Risk Mutual Funds to Invest in 2024

Updated on March 14, 2024 , 75450 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 ₹310.496
↑ 0.04
₹3811.83.57.25.377.4%1M 22D1M 27D
Principal Cash Management Fund Growth ₹2,105.31
↑ 0.36
₹4,5491.83.57.25.377.43%1M 1M
JM Liquid Fund Growth ₹65.1701
↑ 0.01
₹1,6441.83.57.15.377.37%1M 11D1M 14D
Indiabulls Liquid Fund Growth ₹2,306.05
↑ 0.38
₹1761.83.675.16.87.31%1M 17D1M 22D
Axis Liquid Fund Growth ₹2,654.67
↑ 0.45
₹25,5381.83.67.25.47.17.45%1M 6D1M 6D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 15 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 ₹496.513
↑ 0.13
₹12,8521.83.57.45.67.27.98%5M 19D6M 4D
UTI Ultra Short Term Fund Growth ₹3,871.68
↑ 0.67
₹1,8151.83.4766.77.89%4M 12D4M 19D
BOI AXA Ultra Short Duration Fund Growth ₹2,900.91
↑ 0.56
₹1361.636.44.96.27.7%5M 8D5M 5D
Indiabulls Ultra Short Term Fund Growth ₹2,021.64
↑ 0.84
₹180.81.54.26.2 3.23%1D1D
ICICI Prudential Ultra Short Term Fund Growth ₹25.2121
↑ 0.00
₹13,8541.93.57.25.46.97.91%4M 6D4M 20D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 15 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 (15 Mar 24) ₹2,460.46 ↑ 0.52   (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 15 Mar 24

DurationReturns
1 Month 0.7%
3 Month 2%
6 Month 3.6%
1 Year 7.2%
3 Year 5%
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 204.16 Yr.
Vikas Garg27 Jul 212.6 Yr.

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

Asset Allocation
Asset ClassValue
Cash65.59%
Debt34.07%
Other0.33%
Debt Sector Allocation
SectorValue
Cash Equivalent51.1%
Corporate42.54%
Government6.03%
Credit Quality
RatingValue
AA18.84%
AAA81.16%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
364 DTB 07032024
Sovereign Bonds | -
8%₹50 Cr5,000,000
Pipeline Infrastructure Limited
Debentures | -
6%₹35 Cr3,500,000
Jamnagar Utilities & Power Private Limited
Debentures | -
4%₹25 Cr2,500,000
Indian Railway Finance Corporation Limited
Debentures | -
4%₹25 Cr2,500,000
LIC Housing Finance Limited
Debentures | -
3%₹20 Cr2,000,000
↑ 2,000,000
Bharti Hexacom Limited
Debentures | -
3%₹20 Cr2,000,000
Bharti Telecom Limited
Debentures | -
3%₹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. ICICI Prudential Ultra Short Term Fund

(Erstwhile ICICI Prudential Regular Income Fund)

The fund’s objective is to generate regular income through investments primarily in debt and money market instruments. As a secondary objective, the Scheme also seeks to generate long term capital appreciation from the portion of equity investments under the Scheme.

ICICI Prudential Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 3 May 11. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.5% since its launch.  Ranked 27 in Ultrashort Bond category.  Return for 2023 was 6.9% , 2022 was 4.5% and 2021 was 4% .

Below is the key information for ICICI Prudential Ultra Short Term Fund

ICICI Prudential Ultra Short Term Fund
Growth
Launch Date 3 May 11
NAV (15 Mar 24) ₹25.2121 ↑ 0.00   (0.02 %)
Net Assets (Cr) ₹13,854 on 31 Jan 24
Category Debt - Ultrashort Bond
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 0.86
Sharpe Ratio 0
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-1 Months (0.5%),1 Months and above(NIL)
Yield to Maturity 7.91%
Effective Maturity 4 Months 20 Days
Modified Duration 4 Months 6 Days

Growth of 10,000 investment over the years.

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,840
28 Feb 21₹11,472
28 Feb 22₹11,936
28 Feb 23₹12,525
29 Feb 24₹13,425

ICICI Prudential 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 ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for ICICI Prudential 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 15 Mar 24

DurationReturns
1 Month 0.6%
3 Month 1.9%
6 Month 3.5%
1 Year 7.2%
3 Year 5.4%
5 Year 6%
10 Year
15 Year
Since launch 7.5%
Historical performance (Yearly) on absolute basis
YearReturns
2023 6.9%
2022 4.5%
2021 4%
2020 6.5%
2019 8.4%
2018 7.5%
2017 6.9%
2016 9.8%
2015 9.1%
2014 14.8%
Fund Manager information for ICICI Prudential Ultra Short Term Fund
NameSinceTenure
Manish Banthia15 Nov 167.3 Yr.
Ritesh Lunawat15 Jun 176.71 Yr.

Data below for ICICI Prudential Ultra Short Term Fund as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash73.12%
Debt26.64%
Other0.24%
Debt Sector Allocation
SectorValue
Corporate43.52%
Cash Equivalent39.8%
Government16.44%
Credit Quality
RatingValue
AA15.83%
AAA84.17%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
India (Republic of)
- | -
3%₹396 Cr40,000,000
LIC Housing Finance Limited
Debentures | -
2%₹295 Cr2,950
National Bank For Agriculture And Rural Development
Debentures | -
2%₹274 Cr2,750
08.35 SBI RT SB 2024
Domestic Bonds | -
2%₹251 Cr25,000,000
Indusind Bank Ltd.
Debentures | -
2%₹232 Cr5,000
↑ 5,000
Bharti Telecom Limited
Debentures | -
1%₹200 Cr20,000
Mahindra Rural Housing Finance Limited
Debentures | -
1%₹200 Cr2,000
Bajaj Housing Finance Limited
Debentures | -
1%₹200 Cr2,000
The Tata Power Company Limited
Debentures | -
1%₹200 Cr2,000
Apollo Building Products Private Limited
Debentures | -
1%₹199 Cr20,000

3. 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 (17 Mar 24) ₹2,746.08 ↑ 0.55   (0.02 %)
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 15 Mar 24

DurationReturns
1 Month 0.6%
3 Month 1.9%
6 Month 3.6%
1 Year 7.3%
3 Year 5.4%
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 212.54 Yr.

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

Asset Allocation
Asset ClassValue
Cash98.14%
Debt1.67%
Other0.19%
Debt Sector Allocation
SectorValue
Cash Equivalent58.68%
Corporate27.94%
Government13.2%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Small Industries Development Bank Of India
Certificate of Deposit | -
5%₹75 Cr7,500,000
ICICI Bank Limited
Certificate of Deposit | -
5%₹74 Cr7,500,000
↑ 5,000,000
Bank of Baroda
Debentures | -
5%₹69 Cr7,000,000
↑ 7,000,000
Repo
CBLO/Reverse Repo | -
4%₹52 Cr
Reliance Industries Limited
Commercial Paper | -
3%₹50 Cr5,000,000
Larsen And Toubro Limited
Commercial Paper | -
3%₹50 Cr5,000,000
Punjab National Bank
Certificate of Deposit | -
3%₹50 Cr5,000,000
HDFC Securities Limited
Commercial Paper | -
3%₹50 Cr5,000,000
HDFC Bank Limited
Certificate of Deposit | -
3%₹50 Cr5,000,000
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)
Certificate of Deposit | -
3%₹50 Cr5,000,000

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 (15 Mar 24) ₹3,278.26 ↑ 0.55   (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 15 Mar 24

DurationReturns
1 Month 0.6%
3 Month 1.9%
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 1112.86 Yr.
Prateek Jain14 Feb 222.04 Yr.

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

Asset Allocation
Asset ClassValue
Cash99.84%
Other0.16%
Debt Sector Allocation
SectorValue
Cash Equivalent70.99%
Corporate18.26%
Government10.58%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Triparty Repo
CBLO/Reverse Repo | -
3%₹353 Cr
Ultratech Cement Ltd.
Commercial Paper | -
2%₹250 Cr25,000,000
Net Receivables / (Payables)
Net Current Assets | -
2%-₹241 Cr
Kotak Mahindra Investments Limited
Commercial Paper | -
2%₹200 Cr20,000,000
↑ 20,000,000
364 DTB 07032024
Sovereign Bonds | -
2%₹200 Cr20,000,000
Bank Of Baroda
Certificate of Deposit | -
2%₹199 Cr20,000,000
91 DTB 02052024
Sovereign Bonds | -
2%₹198 Cr20,000,000
Kotak Securities Ltd
Commercial Paper | -
2%₹196 Cr20,000,000
↑ 20,000,000
182 DTB 16052024
Sovereign Bonds | -
2%₹192 Cr19,500,000
↑ 2,500,000
91 DTB 21032024
Sovereign Bonds | -
2%₹184 Cr18,500,700

5. Axis Liquid Fund

To provide a high level of liquidity with reasonable returns commensurating with low risk through a portfolio of money market and debt securities. However there can be no assurance that the investment objective of the scheme will be achieved.

Axis Liquid Fund is a Debt - Liquid Fund fund was launched on 9 Oct 09. It is a fund with Low risk and has given a CAGR/Annualized return of 7% since its launch.  Ranked 21 in Liquid Fund category.  Return for 2023 was 7.1% , 2022 was 4.9% and 2021 was 3.3% .

Below is the key information for Axis Liquid Fund

Axis Liquid Fund
Growth
Launch Date 9 Oct 09
NAV (15 Mar 24) ₹2,654.67 ↑ 0.45   (0.02 %)
Net Assets (Cr) ₹25,538 on 31 Jan 24
Category Debt - Liquid Fund
AMC Axis Asset Management Company Limited
Rating
Risk Low
Expense Ratio 0.22
Sharpe Ratio 1.01
Information Ratio 0
Alpha Ratio 0
Min Investment 500
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.45%
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₹10,633
28 Feb 21₹11,048
28 Feb 22₹11,419
28 Feb 23₹12,031
29 Feb 24₹12,902

Axis 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 Axis 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 15 Mar 24

DurationReturns
1 Month 0.6%
3 Month 1.8%
6 Month 3.6%
1 Year 7.2%
3 Year 5.4%
5 Year 5.2%
10 Year
15 Year
Since launch 7%
Historical performance (Yearly) on absolute basis
YearReturns
2023 7.1%
2022 4.9%
2021 3.3%
2020 4.3%
2019 6.6%
2018 7.5%
2017 6.7%
2016 7.6%
2015 8.4%
2014 9.1%
Fund Manager information for Axis Liquid Fund
NameSinceTenure
Devang Shah5 Nov 1211.33 Yr.
Aditya Pagaria13 Aug 167.55 Yr.
Sachin Jain3 Jul 230.66 Yr.

Data below for Axis Liquid Fund as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash99.73%
Other0.27%
Debt Sector Allocation
SectorValue
Cash Equivalent77%
Government14.82%
Corporate7.91%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Clearing Corporation Of India Ltd
CBLO/Reverse Repo | -
12%₹3,194 Cr
Reliance Industries Limited
Commercial Paper | -
4%₹1,159 Cr23,300
↓ -1,500
Small Industries Development Bank of India
Commercial Paper | -
4%₹1,031 Cr21,000
↑ 21,000
Canara Bank
Certificate of Deposit | -
3%₹891 Cr17,900
Reliance Retail Ventures Limited
Commercial Paper | -
3%₹844 Cr17,000
91 DTB 25042024
Sovereign Bonds | -
3%₹740 Cr75,000,000
↑ 75,000,000
National Bank for Agriculture and Rural Development
Commercial Paper | -
3%₹695 Cr14,000
Canara Bank
Domestic Bonds | -
2%₹688 Cr14,000
↑ 14,000
Punjab National Bank
Certificate of Deposit | -
2%₹600 Cr12,000
↓ -12,000
National Bank For Agriculture And Rural Development
Commercial Paper | -
2%₹548 Cr11,000
↓ -4,000

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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