FAQ’s
FAQ’s
Frequently Asked Questions
Will I still earn returns on pledged mutual funds?
Yes, your mutual fund units continue to generate returns even while they are pledged for a loan.
Is there a credit score requirement for getting LAMF?
While credit score matters, lenders also consider the value and type of mutual funds pledged. KSquare helps assess your eligibility beforehand.
Can I increase my SIP amount later?
Yes, KSquare allows you to modify or increase your SIP contributions easily as your income or goals change.
Are SIPs better than lump sum investments?
SIPs help average out market volatility over time, making them a safer and more consistent choice than lump sum investing.
Can I cancel or modify my NFO investment once submitted?
Yes, you can cancel or modify your NFO investment only before the allotment is processed and while the NFO is still open. Once the NFO closes and units are allotted, the investment cannot be changed or cancelled. After allotment, you may exit only through redemption, as per applicable terms and conditions.
How is an NFO different from regular mutual fund schemes?
Unlike existing funds with track records, NFOs offer fresh investment opportunities, often at a face value of ₹10.