FAQ’s
FAQ’s
Frequently Asked Questions
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.
Can I start SIPs with a small monthly amount?
Yes, KSquare allows flexible SIP amounts, enabling anyone to start small and gradually increase investments based on comfort
Is SIP suitable for business owners too?
SIP is equally beneficial for business owners, helping them invest steadily despite fluctuating income.
What types of accounts are required for NRI investments?
NRIs need either an NRE or NRO account to start investing through KSquare, depending on fund repatriation needs.
What if I fail to repay the loan on time?
In case of default, the lender may sell pledged mutual fund units. KSquare advises timely repayment to avoid any financial impact.
How do I repay the loan taken against mutual funds?
You can repay the loan in EMIs or lump sum, as per the agreed terms. KSquare offers reminders and easy tracking.