FAQ’s
FAQ’s
Frequently Asked Questions
How is SIP different from recurring deposits?
Unlike fixed-interest recurring deposits, SIP returns are market-linked and offer higher growth potential with some risk.
How are NPS returns calculated?
NPS returns depend on the performance of the equity, corporate debt, and government bond funds you select within your portfolio.
Will I lose ownership of my mutual funds?
No, the mutual funds are just pledged. You continue to retain ownership and can repay the loan to unpledge them.
When do NFO units get credited to my account?
Units are credited within a few days after the NFO closes and the scheme is processed by the fund house.
What are mutual funds and how do they work?
Mutual funds pool money from many investors to invest in a diversified portfolio of stocks, bonds, or other assets managed by professionals.
Is there a lock-in period for mutual fund investments?
Only ELSS funds have a 3-year lock-in. Other funds generally allow you to redeem anytime based on NAV.