Frequently Asked Questions

Many mutual fund schemes allow you to start a SIP with a small monthly amount, often as low as a few hundred rupees, though this varies by scheme. Check the specific fund's minimum investment criteria before starting.

Most open-ended mutual funds allow you to redeem your units on any business day, subject to any applicable exit load. Some schemes, like ELSS funds, have a mandatory lock-in period during which withdrawals aren't permitted.

Mutual funds are regulated investment vehicles, but they are market-linked, which means their value can go up or down based on market conditions. They are not guaranteed or risk-free, and mutual fund investments are subject to market risks.

No, a demat account is not mandatory for investing in mutual funds. You can hold your units in the regular statement-of-account (non-demat) mode, which is the more common route for retail mutual fund investors.

Standard KYC typically requires proof of identity (such as a PAN card), proof of address, and a recent photograph. Once your KYC is completed and verified, it is generally valid across all mutual fund investments.