Mutual Funds
Your Journey to Wealth Begins Here...
Mutual Funds
Your Journey to Wealth Begins Here...
Mutual Funds Via Equitas
With Equitas Small Finance Bank, you can avail the opportunity to grow your wealth through mutual fund investments. With partnerships with 35+ Asset Management Companies, Equitas Small Finance Bank offers you access to a comprehensive universe of mutual fund schemes. Choosing the right mutual funds to meet your financial goals is essential, and we simplify this journey for you. Whether your aim is long-term wealth creation, tax savings under Section 80C, achieving specific financial goals, or parking funds for short-term needs, Equitas Small Finance Bank provides simplified access to solutions according to your requirements. Explore mutual fund investment opportunities with Equitas Small Finance Bank and take confident strides toward achieving your financial goals
Mutual Funds
Mutual funds are collective investment vehicles that gather funds from multiple investors to create a diversified portfolio of stocks, bonds, or other securities. This enables individual investors to access a broad range of assets without the need to buy each security separately
Benefits
Diversification: Spread risk across various assets & avoid market volatility
Professional Management: Expert managers working for higher returns.
Liquidity: Easily buy or sell fund units.
Tax Benefits: Save up to ₹1.5 lakh with ELSS (3-year lock-in period)
Affordability: Accessible to investors with varying budgets.
Polestar: Your Trusted Mutual Fund Recommendation Guide
Choosing the right mutual funds can be overwhelming. That’s why Polestar, our curated recommendation list, is here to help you make informed decisions effortlessly. Backed by Value Research Ratings, a trusted authority in investment research, Polestar provides you with:
• Top Fund Picks: Carefully selected mutual funds across categories, tailored to your investment goals.
• Performance Insights: Detailed performance metrics to help you compare and choose confidently.
• Expert Ratings: Independent and reliable fund ratings, empowering you with unbiased information.
FAQs
1. What are Mutual Fund
A mutual fund is a type of collective investment where multiple investors pool their money together to invest in assets like stocks, bonds, or other securities. The pooled funds are managed by registered and regulated professional fund managers who make investment decisions on behalf of the investors. They spread the risk across multiple investments to reduce the impact of market volatility.
2. What does a Folio Number mean?
A Folio number is similar to your bank account number. Your unit holdings in a mutual fund scheme will be registered in the Unit Holders' Register under your Folio number, which serves as your account number.
The majority of mutual funds assign a Master Folio number, which eliminates the need for investors to remember several folio numbers by displaying all of their unit holdings under one common number (or, in the case of joint holders, all of their unit holdings under one common set of unit holders).
3. What are the eligibility criteria for investing in Mutual Funds?
To be eligible to invest in Mutual Funds, the investor needs to comply with the KYC requirements.
4. Can Non-Resident Indians invest in Mutual Funds?
Yes. NRIs will be able to invest in mutual funds in India. For more information, please see the offer documentation for the relevant mutual fund.
5. Is it possible for an investor to designate a nominee for his mutual fund units?
Yes. Every Mutual Fund enables individual investors to nominate someone of their choice.
6. What is the Net Asset Value (NAV) of a mutual fund?
NAV stands for Net Asset Value. The performance of a mutual fund scheme is denoted by its NAV per unit. NAV per unit is the market value of securities of a scheme divided by the total number of units of the scheme on a given date.
7. What is Growth Option
If you choose the Growth plan of a mutual fund, the fund will compulsorily reinvest any gains earned in the fund. It does not offer any pay-out. Profits made on the portfolio are necessarily ploughed back into the scheme. These growth plans are continuous compounders of your wealth.
8. What is Dividend Pay-out option?
If you choose the dividend pay-out plan of a mutual fund, a portion of the return/fund is paid out periodically to the investor. The NAV of a dividend fund faces a drop in value to the extent of dividend paid out.
9. What are Equity Linked Savings Funds (ELSS)?
These schemes provide tax benefit of up to Rs. 1.5 lakhs under Sec 80C of the Income Tax Act, 1961. They are pure equity funds, however they come with a lock-in period of 3 years. Such funds not only help the investor save tax but also participate in equity markets.
